Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway. and more | August 3, 2023

Retaining its Chinese footprint will be crucial for Binance as it navigates a global regulatory...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Thursday, August 3, 2023 [The Wall Street Journal]() [Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway.]() Retaining its Chinese footprint will be crucial for Binance as it navigates a global regulatory crackdown that executives worry threatens its future. [Read More]() [All Star Charts - JC Parets]( [Swing Trader Pro: Afternoon Briefing (08-02-2023)]( From the Desk of Kimmy Sokoloff $SPY dropped down to its 21-day moving average, and $QQQ broke below its own 21-day. We’ll see if this is a one-day wonder or if the Fitch downgrade has more meaning. Here are today’s trades: I bought $MRNA at 112.77 and sold at 113.74. I bought $TSLA at 256.31 [Read More]( [MarketWatch]() [Market Snapshot: Stock futures slide after Fitch’s U.S. downgrade sours the market mood]() U.S. stock futures stumbled after markets were rattled by a downgrade to the U.S. government's credit rating. [Read More]() [Yahoo Business]( [Stock market today: Asian shares slip, echoing Wall Street's retreat from its rally]( Asian shares dipped Wednesday after Wall Street took a step back from its big rally as markets tried to digest a slew of earnings. Hong Kong's Hang Seng dipped 2.1% to 19,590.86, while the Shanghai Composite lost 0.9% to 3,259.93. Investor optimism was hurt by Fitch Ratings downgrading the United States government’s credit rating, citing rising debt... [Read More]( [Yahoo Business]() [AMD Falls After Earnings, Sparks Selloff in Nvidia and Other Chip Stocks]() Semiconductor stocks have been one of this year’s hottest trades. But lately, chipmakers have been leaving investors cold.Advanced Micro Devices reported second-quarter sales and adjusted operating income Tuesday afternoon that were down sharply from a year ago. But investors were evidently lookin [Read More]() [Yahoo Business]() [Fitch's US debt-rating downgrade is bad news for stocks. Here's everything you need to know.]() The ratings agency cut the US's credit score late Tuesday, citing rising debts and an "erosion of governance." [Read More]() [Yahoo Business]() [How much money do you need to retire? Most Americans calculate $1.8 million, survey says.]() Americans, on average, believe they'll need $1.8 million for retirement. Is that realistic, and how would they get there? [Read More]() [Yahoo Business]() [E-Commerce Firm Shopify Tops Estimates On Earnings, Revenue]() Shopify stock wavered after the company reported second-quarter earnings, revenue and gross merchandise volume that topped analyst estimates. [Read More]() = [MarketWatch](=) [Earnings Results: Lemonade stock sours after hours as better-than-expected results, outlook follow strong run](=) Lemonade shares fell in the extended session Wednesday after mobile-based insurance company's better-than-expected results and outlook. [Read More](=) [MarketWatch]( [Earnings Results: PayPal’s stock falls as earnings beat, but a margin metric misses]( PayPal disappointed Wall Street Wednesday with its performance on transaction take rate and adjusted operating margins. [Read More]( = [All Star Charts - JC Parets](=) [Swing Trader Pro: Morning Briefing (08-02-2023)](=) From the Desk of Kimmy Sokoloff After normal trading hours yesterday, Fitch downgraded the US. As of now, it’s been a muted response. We’ll see if it turns into something bigger. I did tell traders last week having a hedge does not hurt. Here’s what I’m looking at this morning: Today I’ll see if we [Read More](=) [The Wall Street Journal]() [U.S. Could Lose Out on Billions in Tax Revenue With Crypto Rules Delay]() Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. [Read More]() [All Star Charts - JC Parets]() [2 to 100 Club (08-02-2023)]() From the Desk of Steve Strazza @Sstrazza Welcome to The 2 to 100 Club. As many of you know, something we’ve been working on internally is using various bottom-up tools and scans to complement our top-down approach. It’s really been working for us! One way we’re doing this is by identifying the strongest growth stocks [Read More]() [All Star Charts - JC Parets]() [Hot Corner Insider Weekly Strategy Session – August 2, 2023]() This is the video recording of the August 2, 2023, Hot Corner Insider Weekly Strategy Session. [Read More]() [All Star Charts - JC Parets]() [Director Brauer Reports a CBSH Buy]() The largest insider transaction on today’s list comes in a Form 4 filing by Blackford (Beau) F. Brauer, director at Commerce Bancshares $CBSH. Brauer reported a purchase of CBSH shares worth $265,003. Here’s The Hot List, with data through August 1, 2023: In another Form 4, director Thomas J. Smach revealed the acquisition of 1,435 [Read More]()  = Trade Stocks 580 Broadway Street, Suite 201B, Laguna Beach, Ca, United States, 92651 All Rights Reserved © 2023 [Terms & Conditions]() | [Report]( | [Privacy Policy]() | [Unsubscribe]( | [Contact](