🐤 Markets Pummeled as Trump Tweets on Fed & China

Titan is the name of one of Saturn’s moons. It’s named after the Greek mythological deities that were the second generation of divine names. None of this explains the name “Project Titan,” under which Tesla Motors’ SolarCity division worked to replace faulty solar panel parts across the United States. Those parts were designed to prevent overheating and fire. [Trading Tips] Good morning. Titan is the name of one of Saturn’s moons. It’s named after the Greek mythological deities that were the second generation of divine names. None of this explains the name “Project Titan,” under which Tesla Motors’ SolarCity division worked to replace faulty solar panel parts across the United States. Those parts were designed to prevent overheating and fire. That’s just one more odd development for Tesla, which seems to have strayed far from having a focus on electric vehicles. So far, seven Wal-Mart locations with SolarCity panels on their roofs have caught fire, and Wal-Mart is suing Tesla for damages. At least now we have a good idea of what parts may be in the flamethrower Tesla made last year. Sponsored Content [Shark Tank’s Robert Herjavec Shares the "1,000X Formula" for Finding Unicorn Startups]( Angel investing is taking the world by storm. Everyday people from coast to coast are now backing little-known startups long before they IPO, and they’re exploding in value, becoming worth billions upon billions of dollars. It’s making some Americans wealthier than they ever dreamed possible. But when you’re in the position to have all of these exciting deals at your fingertips, you need a way to determine which could be winners – and which are nothing more than hype. [As Robert reveals in this brief video, the “1,000X Formula” is exactly the ticket.]( It's Trivia Time! It's Trivia time! Join the fun and win a $10 Amazon Gift Card! What state was Occidental founded in? To participate, just [reply to this email]( within the next 48 hours only with your answer.One winner will be selected on Monday, September 2nd. #Happytrading Was this email forwarded to you? Get your own! [Sign up here.]( Last week's winner: Daria K. Answer: 1920, or 99 years ago MARKETS DOW 25,628.90 -2.37% S&P 2,847.11 -2.59% NASDAQ 7,751.77 -3.00% *As of market close • Stocks hit the skids on Friday, on a Trump tweetstorm following China tariffs and comments by Federal Reserve Chairman Jerome Powell. • Oil dropped nearly 3 percent to $53.91 per barrel. • Gold rallied almost 2 percent, to around $1,538 per ounce. • Cryptocurrencies rallied, with bitcoin moving over 3 percent higher. Today’s TOP TIPS [Markets Pummeled as Trump Tweets on Fed & China]( In a much-anticipated speech on Friday, Federal Reserve Chairman Jerome Powell increased the case for further Fed easing, citing a slowdown in the global economy. However, Powell declined to make a specific outline for more rate cuts. Powell noted that, "There are, however, no recent precedents to guide any policy response to the current situation." In the meantime, China announced $75 billion in retaliatory tariffs, leading President Trump to unleash a tweetstorm on both the Fed and China. » [FULL STORY]( [Morgan Stanley Upgrades Altria (MO)]( On Friday, Morgan Stanley upgraded Altria Group (MO) to equal-weight from under-weight, essentially ending a bearish bet on the company. However, the investment bank declined to change its price target of $44 on shares, about a $2.50 discount to where shares of the tobacco giant trade today. On average, analysts on the company are bullish, and the average price estimate for shares is $57.28, about 23 percent higher than where shares currently trade. » [FULL STORY]( [Insider Activity: Cleveland-Cliffs (CLF)]( On Thursday, August 22nd, Keith Koci, CFO of Cleveland-Cliffs Inc. (CLF) picked up 12,500 shares of the company, paying just over $101,000 to do so. This buy increased his total stake in shares by 17 percent. He was joined by director John {NAME}, who bought 7,000 shares, a $58,000 buy. That increased the director’s stake by 6.5 percent. Insiders have bought earlier in the month as well, and have been net buyers with no sales since May. » [FULL STORY]( [Unusual Options Activity: Nektar Therapeutics (NKTR)]( On Friday, over 1,980 contracts traded on a January 2021 $15 call option on Nektar Therapeutics (NKTR). With a prior open interest of 156 contracts, this represents a 16-fold surge in volume. With shares of the company currently trading around $17, the option buyer is about $2 in-the-money per $6.60 contract. As such, the option should move dollar-for-dollar higher with shares. » [FULL STORY]( IN OTHER NEWS • [Billionaire David Koch, controversial philanthropist](, passes away at 79. • [Stocks may continue heading higher for some time]( based on a bullish gold-based ratio. • [Overstock.com CEO Patrick Byrne resigns]( following bizarre “deep state” remarks. • [Hasbro makes a $4 billion acquisition offer for Entertainment One](, owner of Peppa the Pig. • Target announces their [same-day pickup and delivery services are growing at double]( the rate of 2018. • [Venture capital is moving towards more “frontier” investments](. • [Ping Identity files for a $100 million IPO]( on the Nasdaq. • [Wells Fargo settles with the Navajo Nation for $6.5 million]( over allegations of shady sales tactics. • In earnings, [Foot Locker shares drop heavily following disappointing earnings](. • And [Salesforce shares hold up as revenue beats expectations](. S&P 500 MOVERS TOP CRM 2.246% NEM 2.104% INTU 1.099% BA 0.452% CCA 0.157% BOTTOM LB 9.312% HAS 8.938% AMD 7.398% KEYS 7.145% JWN 7.089% Quote of the Day …The U.S. economy has continued to perform well overall, driven by consumer spending. Job creation has slowed from last year’s pace but is still above overall labor force growth. Inflation seems to be moving up closer to 2 percent… based on our assessment of the implications of these developments [global slowdown and trade war], we will act as appropriate to sustain the expansion, with a strong labor market and inflation near its symmetric 2 percent objectiv - Federal Reserve Chairman Jerome Powell on economic outlook and making a light case for future interest rate cuts. Sponsored Content [FREE SESSION: The “Flipping Stocks” Method]( A new and unconventional way to "flip stocks" is quickly catching on across the country. And the man who developed this method has made nearly $25 million with it. What he’s teaching could help even novice investors earn an extra $15,000 in the next 30 days alone. And he recently got on camera near his home in Florida to explain exactly how it works. [Click here to watch his free session]( 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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