A Triple Bottom ?

PUBLISHED Apr 23, 2022, 3:40:14 PM        SHARE

imgTom Hamilton

April 22, 2022 – A rough week for the market, especially after FED and European economic news came out late in the week; a “double whammy” so to speak. The market is expecting and discounting a ½% increase in the FED funds rates at the May 3-4 meeting. But now there is talk about a ¾% and or multiple ½% increases over the rest of the year. The markets LOVE cheap money and that is drying up folks, and it’s not temporary.

Back to 12555 on the NASDAQ? It’s not that far away. Note the low volume which equates to low commitment by investors. Few see a need to step in and buy as others are selling. Netflix got shellacked with loosing subscribers; trouble in the streaming industry. Tesla beat revenue forecasts and so far a mixed bag. The earnings season continues over the next 3 weeks and all eyes on are forecasts for the rest of this year. Concerns about added expenses and supply chains continue; worries about profits being squeezed. Add to that housing starting to cool, loan interest rates rising and general recession fears.

Likely addition selling on Monday morning, but how this market reacts after that will be important. Do buyers step in at pick up bargains or just continue to “sit on their hands”? Have a good week. ……….. Tom ………..

Price chart by MetaStock; pie chart & table by www.HighGrowthStock.com. Used with permission.

I/we have no positions in any asset mentioned, and no plans to initiate any positions for the next 7 days

Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
F45 vs CrossFit

Attached is an article excepted from Pretty Brave Fitness, a group training organization for girls, on the differences between F45 and CrossFit. It focuses on which program could be best for women/girls but the information can be useful to men as well (i.e. cardio vs strength training) to determine the best option for your fitness goals.

TL;DR GameStop recent Earnings Results

Now that the dust has settled, how is our favorite meme stock doing?

The Cryptocurrency You Should Hold Forever

These are the coins you should keep forever and the reasons why they are innovative

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
Tom Hamilton
Wise Intelligent
Mark Robertson
Kevin Matthews II
Akeiva Ellis
Brendan Dale
Kenneth Chavis IV
Sharita Humphrey