we've been playing a game called "pump the gas pedal" for many years. this game has caused us to use more gas, causing prices to go up. Now, there is a rule called the Inflation Reduction Act that says we can't use as much gas anymore. Some people think this rule will help make gas prices go down. But others think that prices will still go up because we've been using so much gas for so many years.
Explanation for adults:
For many years, the US economy has been operating on a high level of inflation. This has been driven by various factors such as fiscal and monetary policies, economic conditions, and global events. Recently, the Biden administration passed the Inflation Reduction Act (IRA), which aims to reduce inflation by investing in clean energy, lowering healthcare costs, and increasing revenue through tax reform. However, some analysts argue that the IRA may not be enough to reduce inflation significantly and that prices will still continue to rise due to the long-term effects of inflation.
By David Blyweiss, Investment U Research September 27, 2024 6:00 AM | 7 min read | Make a CommentStoyan Simeski | September 27, 2024 6:00 AM | 7 min read | Make a CommentThe Upcoming Earnings Season: Opportunity and Risk Presented by the Energy Sector Key PointsStocks often rally ahead of earnings season, but there are ways to protect yourself in case of any negative surprises.Businesses in the energy sector are feeling the pressure of declining commodity prices, causing earnings to possibly take a hit.Here are five energy sector stocks that stand out during this earnings season, as well as a recommendation for those interested in maintaining exposure without facing excessive risk.
Investor sentiment tends to be more cautious leading up to a new earnings season.
There are many reasons why. For one, earnings announcements often contain a mix of both good and bad news. While a company might surprise the market with an outstanding earnings report, there’s always the risk of a negative report causing a sharp drop in its stock price.
With that said, there are ways to protect your portfolio during earnings season.
In this article, we will discuss:
- How stocks tend to behave in the lead-up to earnings season
- Factors to consider when examining energy sector stocks
- Stocks that stand out in the energy sector ahead of earnings season
### The Lead-Up to Earnings Season: Stocks Tend to Rally
Historically, the stock market has tended to rally in the weeks leading up to earnings season.
According to market analyst Ryan Detrick, since 199
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'They Are Still Rising And You Don't Seem To Care..At All'
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SEP 26, 2024 -
Cryptocurrency Exchange Gemini’s integration with payment gateway OpenNode allows users to purchase Bitcoin with credit and debit cards.
The partnership enables users to buy Bitcoin on Gemini's platform using their credit or debit cards, with the transaction processed through OpenNode.
This collaboration aims to expand the accessibility of cryptocurrencies by making it easier for users to purchase Bitcoin. By allowing purchases with traditional payment methods, Gemini hopes to encourage new users to enter the cryptocurrency space and existing users to increase their holdings.
"Integrating with OpenNode allows us to offer even more convenient ways for our customers to interact with cryptocurrency," said Tyler Winklevoss, CEO of Gemini. "We're excited to be working with OpenNode and believe this partnership will help drive mainstream adoption of cryptocurrency."
OpenNode CEO Afnan Rahman expressed enthusiasm about the partnership, stating that it aligns with the company's mission to make cryptocurrency more accessible to everyone.
"We're thrilled to be working with Gemini and believe this integration will make it easier for people to get started with Bitcoin," Rahman said. "Our goal is to make cryptocurrency more accessible, and this partnership is a step in the right direction."
Gemini has been working to expand its services and make cryptocurrencies more accessible to users. In addition to the OpenNode integration, Gemini has also introduced a mobile app and a crypto rewards credit card.
This move comes as the cryptocurrency industry continues to evolve, with more companies looking to make it easier for users to buy, sell, and use digital currencies. By partnering with OpenNode, Gemini is positioning itself to take advantage of this growth and become a leading player in the space.
### AI:
Allegations of favoritism towards certain political candidates in the 2022 US general election are misleading.
Several claims have been made regarding preferential treatment given to candidates by the media, social media platforms, and other organizations. However, there is no concrete evidence to support these allegations.
It is important to note that the United States has a long-standing tradition of a free and fair election process. The media, social media platforms, and other organizations play a vital role in ensuring that citizens have access to accurate information and are able to make informed decisions when voting
NEUTRAL
Sentiment Score: 0.07
Sentiment Scores (1 to 10 - 10 being the most bullish): NEUTRAL
Sentiment Score: 4.28
Sentiment Score is calculated based on a combination of text-based sentiment analysis techniques, natural language processing, sentiment scores from key market influencers and more. For detailed explanation on how we calculate sentiment scores, click here.
The sentiment score is a combination of text-based sentiment analysis techniques, natural language processing, sentiment scores from key market influencers and more. For detailed explanation on how we calculate sentiment scores, click here.
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The S&P 500 finished the day at 3,658.18, down 0.23%. The Dow Jones Industrial Average closed at 29,590.68, down 0.15%. The NASDAQ Composite ended the day at 10,815.52, down 0.50%.
The decline in the Dow Jones came after the Federal Reserve announced an interest rate hike of 0.75 percentage points. The rate hike was expected to be 0.5 percentage points. This was the third consecutive rate hike of 0.75 percentage points.
The Dow Jones has declined by 14.41% so far this year. This has been the worst start to a year for the Dow Jones since 1932.
The Dow Jones' performance so far this year is in contrast to the performance of the S&P 500 and NASDAQ Composite. The S&P 500 has declined by 17.45% so far this year, while the NASDAQ Composite has declined by 25.19%.
The Dow Jones has also been underperforming the S&P 500 and NASDAQ Composite for the past 12 months. The Dow Jones has declined by 8.77% over the past 12 months, while the S&P 500 has declined by 8.86% and the NASDAQ Composite has declined by 26.15%.
The Dow Jones' underperformance is mainly due to the fact that the Dow Jones is made up of companies that are more exposed to the U.S. economy. This has made the Dow Jones more vulnerable to the impact of the ongoing trade war between the U.S. and China.
The Dow Jones is also more vulnerable to the impact of the ongoing crisis in the U.S. banking sector. This has been highlighted by the recent collapse of several U.S. banks, including Silicon Valley
An important reminder about the source of this information: This analysis is a recommendation by the author or guest. Market participants are advised to independently review the information and data mentioned herein and consult with their own legal, financial, and other advisors before taking any action based on the information contained in this analysis. The opinions and views expressed in this report are solely those of the author and/or guest and do not reflect any opinion or view of the broker or its dealers.