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Economists are often accused of being too wishy-washy —specifically relying on the phrase “on the other hand.” So as New York Federal Reserve President John Williams stated that the central bank raised interest rates far too fast and too early, he was also supportive of the work the bank has done to create one of the longest-running stock market rallies in history. [Trading Tips] Good morning. Economists are often accused of being too wishy-washy —specifically relying on the phrase “on the other hand.” So as New York Federal Reserve President John Williams stated that the central bank raised interest rates far too fast and too early, he was also supportive of the work the bank has done to create one of the longest-running stock market rallies in history. Not all are happy, of course. President Trump tweeted that he agrees with Williams on the first part, but, as presidents often do, prefers to take all the credit for the booming economy. A good president wouldn’t mind taking some credit, and sharing some, with the expectation that in a declining economy, someone else would also share in the blame. Time will tell how the economy fares under Trump. It's Trivia Time! It's Trivia time! Join the fun and win a Trading Tips T-Shirt. Post a picture of your Trading computer, desk or office within the next 48 hours. To participate, just post an image on our [Facebook Group]( and all partcipants within the timeframe will be selected to win. #happytrading Was this email forwarded to you? Get your own! [Sign up here.]( Congrats to last week's winner: Sajjad A. Answer: 326 - Nflx price MARKETS DOW 27,154.41 -0.25% S&P 2,976.62 -0.62% NASDAQ 8,146.49 -0.74% *As of market close • Stocks traded higher on Friday, as earnings season generally came in well, but fell into the close as Iran seized two oil tankers. • Oil prices spiked higher potential geopolitical fears, yet precious metals traded flat. Today’s TOP TIPS [Trump and Pelosi on Track for Debt Ceiling Debate]( House speaker rejected administration proposal. House Speaker Nancy Pelosi rejected an offer by the White House regarding the most recent debt ceiling proposal, increasing the likelihood of a government shutdown in the coming weeks. The Trump administration proposed a two-year budget cap agreement involving $150 billion in spending cuts from a menu of $74 billion in potential savings opportunities. The deal included no changes in taxes or revenues. » [FULL STORY]( SPONSORED CONTENT [How to Pick the Perfect Pot Stock]( Jeff Siegel knows how to pick pot stocks that’ll make you rich. Take a look at his incredible success... Canopy Growth was trading at $1.60 when Jeff went in on it, and it exploded for an incredible 3,015% in profit. He picked Aphria, Inc. and it skyrocketed from $1.13 to $14.40 for a 1,174% gain. And OrganiGram Holdings was just $0.40 a share. Then it shot up to $5.14 for another 1,185% winner. So, what’s his secret? Well, it turns out that picking the perfect pot stock is easy. Get the names of the next 3 pot stocks set to explode on August 28th in this special presentation. [Go here now.]( [Natural Gas Prices Hit Three Year Lows]( Heat wave and supply glut weigh on commodity. Natural gas prices fell to $2.30 last week, one of the weakest weeks ever in terms of pricing. That comes amidst a summer heat wave that tends to spur demand for energy in order to power fans and air conditioners. While natural gas prices are at their lowest in three years, prices are also on track to be the weakest for the summer season in 20 years. » [FULL STORY]( [Insider Activity: Chaparral Energy (CHAP)]( Deep-value investment firm adds to stake. Last week, Strategic Value Partners, LLC, already a 10% owner, added to its stake in Chaparral Energy (CHAP). The fund bought 554,321 shares at a cost of just over $3.1 million. This follows on additional buys by the fund in recent weeks. Since April, the fund has seen its total holdings increase from 10.7 million shares to 13.1 million shares. » [FULL STORY]( [Unusual Options Activity: Brookfield Asset Management (BAM)]( Shares likely to move higher by double-digits before year-end. Shares of Brookfield Asset Management (BAM) may be heading higher between now and December, based on a surge of the $55 call options there. On Thursday, over 3,250 of the calls traded against a prior open interest of 187, nearly a 17-fold surge in volume. With shares trading at $48.50 however, the options imply that shares are likely to move at least 13 percent higher between now and December expiration, 154 days away. » [FULL STORY]( IN OTHER NEWS • [Iran first denies that a U.S. ship downed one of its drones](, before [seizing two tankers in the Strait of Hormuz](, including a U.K. tanker, just before the market close. • Amidst a slowdown for China’s economy, [factors besides tariffs are to blame](. • [Anheuser-Busch InBev sells Australian unit]( to Japan’s Ashai. • Up to [half of corporate CEOs who leave their companies]( may have been asked to do so—or gotten fired. • Owners of high-end properties are [increasingly turning to private listings](, bypassing traditional routes to selling. • At the other end of the economic spectrum, the [increase in dollar stores are getting growing scrutiny from customers](. • In housing-crunched areas like San Francisco, you can rent a [podspace… for only $1,200 per month](. • [WeWork CEO Adam Neumann sells over $700 million]( in stock ahead of IPO. • And startup [Lexion raises $4.2 million]( for AI contract management. • In earnings, [State Street reports a 20 percent drop in earnings]( despite a 7 percent increase in assets under management. S&P 500 MOVERS TOP STT 6.733% CFG 6.384% KSU 4.611% JBHT 4.545% BA 4.5% BOTTOM ADS 4.076% GILD 3.229% SYMC 3.174% NFLX 3.109% SYF 2.882% Top Rated Stocks Under $10 1. [MDCO: Medicines Co.]( 100 2. [CTRV: ContraVir Pharmaceuticals]( 100 3. [COWN: Cowen Group, Inc.]( 98 4. [MVC: MVC Capital, Inc.]( 99 5. [SBBP: Strongbridge Biopharma]( 98 Quote of the Day …The sharp correction in the (normally) seasonally strong October-December period last year was actually a spitting image of the late 1928 correction. As it turned out, this was far from the only similarity between the two eras. Incidentally, market participants ignored a weakening real economy in the final stretch of the 1920s bull market as well: economic data deteriorated noticeably in the course of 1929, but that did nothing to curb the stock market’s advance – at least initially.” - Market analyst Pater Tenebrarum on the similarities between today’s markets and that of the late 1920’s SPONSORED CONTENT [Headline: August 28: Three Pot Stocks Set To Explode]( Jeff Siegel knows how to pick pot stocks that’ll make you rich. Take a look at his incredible success... Canopy Growth was trading at $1.60 when Jeff went in on it, and it exploded for an incredible 3,015% in profit. He picked Aphria, Inc. and it skyrocketed from $1.13 to $14.40 for a 1,174% gain. And OrganiGram Holdings was just $0.40 a share. Then it shot up to $5.14 for another 1,185% winner. So, what’s his secret? Well, it turns out that picking the perfect pot stock is easy. Get the names of the next 3 pot stocks set to explode on August 28th in this special presentation. [Go here now.]( Not sure the best way to get started? Follow these simple steps to hit the ground running. › Step #1 - Get These FREE Reports: [Warren Buffett's Top 5 Stocks]( | [10 Great Stocks Under $10]( | [7 High Yield Dividend Stocks]( › Step #2 - Join Our Premium Advisories: [The Next Superstock]( | [Triple Digit Returns]( | [Options Cash Cow]( › Step #3 - Connect With The Community: [Trading Tips Official Facebook Group]( Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. 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