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Stock Market This Week: What To Watch 9/19-9/23

Whether trading penny stocks or higher priced stocks, here’s what to consider in the stock market this week September 19,2022 to September 23, 2022.
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Stock Market Outlook For This Week: September 19th to September 23rd

Last week in the stock market was another volatile one full of massive price swings thanks to surprising economic data. The jewels of the week were US Producer Price (PPI) and Consumer Price (CPI) data with little on the Fed speak front. We also saw jobs data and retail sales briefly help bulls but to no avail. All of this set the stage for what could be one of the busiest and most volatile weeks of September.

That’s because this is Fed Meeting (FOMC meeting) week. This week reveals the long-awaited rate hike decision that will likely make its mark on investors. More than that, however, we’ve added some critical global economic events that could play a part in the stock market this week.

Whether you’re trading penny stocks or higher-priced names, monetary policy decisions could sway daily trends. The Bank of England, Bank of Japan, Germany, Great Britain, and the Eurozone all have economy & monetary policy data coming throughout the week. In addition to US Fed speak, it may also be essential to watch what European Central Bank (ECB) members have to say about their outlook on the economy.

Stock Dropped Ahead Of September FOMC Meeting This Week

Thanks to the surprise inflation data, markets tumbled last week. The major index ETFs including the S&P 500 (NYSEARCA: SPY), Nasdaq (NASDAQ: QQQ), Russell 2000 Small Cap Index (NYSEARCA: IWM) and Dow (NYSEARCA: DIA), fell lower as investors pivoted to begin pricing in a more aggressive Federal Reserve. Not only was this based on economic data but also reports from companies like FedEx (NYSE: FDX), which missed revenue estimates while also withdrawing full-year guidance.

When asked if the economy is going into a worldwide recession, FedEx CEO Raj Subramaniam said in an interview with CNBC’s Jim Cramer, “I think so. But you know, these numbers, they don’t portend very well…I’m very disappointed in the results that we just announced here, and you know, the headline really is the macro situation that we’re facing.”

[Read More] Making Money With Penny Stocks When the Market Crashes

The market is also pricing in a high chance of a 75 basis point hike and even as high as a 100 basis point hike at the September FOMC meeting. Is this the week the stock market crash puts in new lows for 2022?

Let’s see what’s ahead in the stock market this week:

What To Watch In The Stock Market This Week

With the addition of global economic data, it will be essential to understand that this may or may not be catalysts depending on other events in the US markets.

Stock Market News & Events For Monday, 9/19

The stock market on Monday, September 19, 2022, is a lighter day for economic events, but that doesn’t mean there aren’t things to know about. The National Association of Home Builders (NAHB) Housing Market Index data is coming out just after the opening bell. A higher-than-expected read is generally bullish for the US dollar and vice versa when it’s lower than expected. The NAHB forecast is 47 right now, which would be lower than the previous read for August, which came in at 49. Since hitting 79 in April, the NAHB Index has continued declining month-over-month.

After the stock market closes, Japan’s national CPI and Core CPI for August will get reported. Expectations for Core CPI are set at 2.7%, which would be slightly higher than the previous CPI read of 2.4%. Last week we saw how surprise CPI and PPI data could move markets. Whether or not Japan’s economic data experiences the same is to be seen but surely will be revealed Monday evening.

Stock Market News & Events For Tuesday, 9/20

The stock market on Tuesday, September 20, 2022, begins to see some added speculation based on economic data and ECB speak. An hour before the US market opens, we’ll get the August Building Permits, and Housing Starts data. These are expected to reach 1.610 million and 1.445 million, respectively. Both would be slightly lower than the previous reads, which came in at 1,685 million and 1.446 million. Like NAHB data, starts and permits have declined throughout the year on a month-over-month basis.

ECB member McCaul speaks at 11 AM ET, while ECB President Lagarde speaks at 1 PM ET. The latter of these two speaking engagements could bring a bit more volatility depending on what is said. Since the ECB sets short-term interest rates, Christine Lagarde’s outlook could weigh heavily upon the future of monetary policy and rate shifts for the Eurozone.

Tuesday is also when the September FOMC meeting begins.

Stock Market News & Events For Wednesday, 9/21

That last sentence was a lead-in to what could be one of the most important days of the stock market this week. We get more housing data from Mortgage Rates, Applications, and Purchase Index. Existing Home Sales for August will also be in the spotlight early on. For those watching energy stocks, Crude Oil Inventories come out around the same time as Home Sales.

[Read More] 3 Hot Penny Stocks To Buy According To Insiders In September

But the 2 PM ET to 3 PM ET hour will be important and could move markets. That’s because the September Fed Meeting comes to completion, and we’ll get confirmation on the future of monetary policy, including the latest rate hike figures. The FOMC press conference at 2:30 PM ET on September 21st will likely add more detail to digest as it always does.

Stock Market News & Events For Thursday, 9/22

The stock market on Thursday, September 22, 2022, will likely be the FOMC hangover day for markets, but no time to take a breather. That’s because the Bank of England interest rate decision and BoE Monetary Policy Committee (MPC) minutes come out early in the US premarket session at 7 AM ET. This is a lead-in to the latest jobs data at 8:30 AM ET, including initial, continuing, and 4-week average jobless claims.

Stock Market News & Events For Friday, 9/23

The stock market on Friday, September 23, 2022, caps off the hectic week. We’ll get early morning economic data from Germany, the Eurozone, and the UK. Plus, US Manufacturing Services PMI comes out right after the stock market opens. But again, FOMC and Fed events will likely captain the ship. Fed Chair Jerome Powell is set to speak at 2 PM ET.

What’s going on with the Fed on September 23rd? The Federal Reserve Board hosts a Fed Listens event: Transitioning to the Post-pandemic Economy. Representatives from many sectors will share perspectives on the pandemic’s impact on reshaping the economy and workforce.

They will also discuss challenges and opportunities that exist during the transitional period. Fed Chair Jerome Powell provides opening remarks while Vice Chair Brainard and Governor Bowman moderate conversations from organizational leaders.

[Read More] Hot Penny Stocks To Buy For Under $1 Right Now

Stock Market Snap Shot For This Week

This is just a brief snapshot of what to watch in the stock market this week. These are some of the higher-profile catalysts that could sway sentiment and dictate the overall trends. This Week’s FOMC Meeting could mean that this is one of the Biggest Weeks of 2022.

Every trader and investor in the stock market today is asking the same questions:

  • What Happens Next in The Stock Market with this week’s Fed Meeting?
  • Is the stock market crash going to take stocks to new 2022 lows?
  • What other stock market news can move the market this week?
  • How Can I Make Money Trading in The Stock Market?
  • What stocks to buy now in 2022?

The answer to all of these questions will come down to the outcome of this week’s Federal Reserve Meeting & press conference. When is the September 2022 FOMC Meeting? It begins on Tuesday, September 20, 2022, and concludes on September 21, 2022, with the Fed Press Conference at 2:30 PM ET.

What’s Next For The Stock Market?

Will Fed Chair Jerome Powell raise rates 75 basis points or is a 100 bps hike in store? Will the recession be avoided and is a soft landing really possible after last week’s surprise August CPI data and August PPI inflation data?

Many investors are already working overtime in the stock market this week, giving countless stock market and trading predictions as well as their stock market outlook and trading game plan for this week. They will surely weigh in on the stock market crash, recession, inflation, stagflation, and this stock market game, in general.

If you ever wondered How to start investing in the stock market, How the stock market works, or asked yourself, “Is this a stock market for beginners,” it’s time to pay attention.

True Trading Group is hosting a stock market live stream that will answer those very questions and a lot more! Get Ready To Learn To Trade & Profit LIVE with True Trading Group, Tonight, Sunday, 9/18/2022. They host free stock market live trading predictions for the week ahead on YouTube at 8:30 PM ET.

If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!!

The post Stock Market This Week: What To Watch 9/19-9/23 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Are Voters Recoiling Against Disorder?

Are Voters Recoiling Against Disorder?

Authored by Michael Barone via The Epoch Times (emphasis ours),

The headlines coming out of the Super…

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Are Voters Recoiling Against Disorder?

Authored by Michael Barone via The Epoch Times (emphasis ours),

The headlines coming out of the Super Tuesday primaries have got it right. Barring cataclysmic changes, Donald Trump and Joe Biden will be the Republican and Democratic nominees for president in 2024.

(Left) President Joe Biden delivers remarks on canceling student debt at Culver City Julian Dixon Library in Culver City, Calif., on Feb. 21, 2024. (Right) Republican presidential candidate and former U.S. President Donald Trump stands on stage during a campaign event at Big League Dreams Las Vegas in Las Vegas, Nev., on Jan. 27, 2024. (Mario Tama/Getty Images; David Becker/Getty Images)

With Nikki Haley’s withdrawal, there will be no more significantly contested primaries or caucuses—the earliest both parties’ races have been over since something like the current primary-dominated system was put in place in 1972.

The primary results have spotlighted some of both nominees’ weaknesses.

Donald Trump lost high-income, high-educated constituencies, including the entire metro area—aka the Swamp. Many but by no means all Haley votes there were cast by Biden Democrats. Mr. Trump can’t afford to lose too many of the others in target states like Pennsylvania and Michigan.

Majorities and large minorities of voters in overwhelmingly Latino counties in Texas’s Rio Grande Valley and some in Houston voted against Joe Biden, and even more against Senate nominee Rep. Colin Allred (D-Texas).

Returns from Hispanic precincts in New Hampshire and Massachusetts show the same thing. Mr. Biden can’t afford to lose too many Latino votes in target states like Arizona and Georgia.

When Mr. Trump rode down that escalator in 2015, commentators assumed he’d repel Latinos. Instead, Latino voters nationally, and especially the closest eyewitnesses of Biden’s open-border policy, have been trending heavily Republican.

High-income liberal Democrats may sport lawn signs proclaiming, “In this house, we believe ... no human is illegal.” The logical consequence of that belief is an open border. But modest-income folks in border counties know that flows of illegal immigrants result in disorder, disease, and crime.

There is plenty of impatience with increased disorder in election returns below the presidential level. Consider Los Angeles County, America’s largest county, with nearly 10 million people, more people than 40 of the 50 states. It voted 71 percent for Mr. Biden in 2020.

Current returns show county District Attorney George Gascon winning only 21 percent of the vote in the nonpartisan primary. He’ll apparently face Republican Nathan Hochman, a critic of his liberal policies, in November.

Gascon, elected after the May 2020 death of counterfeit-passing suspect George Floyd in Minneapolis, is one of many county prosecutors supported by billionaire George Soros. His policies include not charging juveniles as adults, not seeking higher penalties for gang membership or use of firearms, and bringing fewer misdemeanor cases.

The predictable result has been increased car thefts, burglaries, and personal robberies. Some 120 assistant district attorneys have left the office, and there’s a backlog of 10,000 unprosecuted cases.

More than a dozen other Soros-backed and similarly liberal prosecutors have faced strong opposition or have left office.

St. Louis prosecutor Kim Gardner resigned last May amid lawsuits seeking her removal, Milwaukee’s John Chisholm retired in January, and Baltimore’s Marilyn Mosby was defeated in July 2022 and convicted of perjury in September 2023. Last November, Loudoun County, Virginia, voters (62 percent Biden) ousted liberal Buta Biberaj, who declined to prosecute a transgender student for assault, and in June 2022 voters in San Francisco (85 percent Biden) recalled famed radical Chesa Boudin.

Similarly, this Tuesday, voters in San Francisco passed ballot measures strengthening police powers and requiring treatment of drug-addicted welfare recipients.

In retrospect, it appears the Floyd video, appearing after three months of COVID-19 confinement, sparked a frenzied, even crazed reaction, especially among the highly educated and articulate. One fatal incident was seen as proof that America’s “systemic racism” was worse than ever and that police forces should be defunded and perhaps abolished.

2020 was “the year America went crazy,” I wrote in January 2021, a year in which police funding was actually cut by Democrats in New York, Los Angeles, San Francisco, Seattle, and Denver. A year in which young New York Times (NYT) staffers claimed they were endangered by the publication of Sen. Tom Cotton’s (R-Ark.) opinion article advocating calling in military forces if necessary to stop rioting, as had been done in Detroit in 1967 and Los Angeles in 1992. A craven NYT publisher even fired the editorial page editor for running the article.

Evidence of visible and tangible discontent with increasing violence and its consequences—barren and locked shelves in Manhattan chain drugstores, skyrocketing carjackings in Washington, D.C.—is as unmistakable in polls and election results as it is in daily life in large metropolitan areas. Maybe 2024 will turn out to be the year even liberal America stopped acting crazy.

Chaos and disorder work against incumbents, as they did in 1968 when Democrats saw their party’s popular vote fall from 61 percent to 43 percent.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

Tyler Durden Sat, 03/09/2024 - 23:20

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Veterans Affairs Kept COVID-19 Vaccine Mandate In Place Without Evidence

Veterans Affairs Kept COVID-19 Vaccine Mandate In Place Without Evidence

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

The…

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Veterans Affairs Kept COVID-19 Vaccine Mandate In Place Without Evidence

Authored by Zachary Stieber via The Epoch Times (emphasis ours),

The U.S. Department of Veterans Affairs (VA) reviewed no data when deciding in 2023 to keep its COVID-19 vaccine mandate in place.

Doses of a COVID-19 vaccine in Washington in a file image. (Jacquelyn Martin/Pool/AFP via Getty Images)

VA Secretary Denis McDonough said on May 1, 2023, that the end of many other federal mandates “will not impact current policies at the Department of Veterans Affairs.”

He said the mandate was remaining for VA health care personnel “to ensure the safety of veterans and our colleagues.”

Mr. McDonough did not cite any studies or other data. A VA spokesperson declined to provide any data that was reviewed when deciding not to rescind the mandate. The Epoch Times submitted a Freedom of Information Act for “all documents outlining which data was relied upon when establishing the mandate when deciding to keep the mandate in place.”

The agency searched for such data and did not find any.

The VA does not even attempt to justify its policies with science, because it can’t,” Leslie Manookian, president and founder of the Health Freedom Defense Fund, told The Epoch Times.

“The VA just trusts that the process and cost of challenging its unfounded policies is so onerous, most people are dissuaded from even trying,” she added.

The VA’s mandate remains in place to this day.

The VA’s website claims that vaccines “help protect you from getting severe illness” and “offer good protection against most COVID-19 variants,” pointing in part to observational data from the U.S. Centers for Disease Control and Prevention (CDC) that estimate the vaccines provide poor protection against symptomatic infection and transient shielding against hospitalization.

There have also been increasing concerns among outside scientists about confirmed side effects like heart inflammation—the VA hid a safety signal it detected for the inflammation—and possible side effects such as tinnitus, which shift the benefit-risk calculus.

President Joe Biden imposed a slate of COVID-19 vaccine mandates in 2021. The VA was the first federal agency to implement a mandate.

President Biden rescinded the mandates in May 2023, citing a drop in COVID-19 cases and hospitalizations. His administration maintains the choice to require vaccines was the right one and saved lives.

“Our administration’s vaccination requirements helped ensure the safety of workers in critical workforces including those in the healthcare and education sectors, protecting themselves and the populations they serve, and strengthening their ability to provide services without disruptions to operations,” the White House said.

Some experts said requiring vaccination meant many younger people were forced to get a vaccine despite the risks potentially outweighing the benefits, leaving fewer doses for older adults.

By mandating the vaccines to younger people and those with natural immunity from having had COVID, older people in the U.S. and other countries did not have access to them, and many people might have died because of that,” Martin Kulldorff, a professor of medicine on leave from Harvard Medical School, told The Epoch Times previously.

The VA was one of just a handful of agencies to keep its mandate in place following the removal of many federal mandates.

“At this time, the vaccine requirement will remain in effect for VA health care personnel, including VA psychologists, pharmacists, social workers, nursing assistants, physical therapists, respiratory therapists, peer specialists, medical support assistants, engineers, housekeepers, and other clinical, administrative, and infrastructure support employees,” Mr. McDonough wrote to VA employees at the time.

This also includes VA volunteers and contractors. Effectively, this means that any Veterans Health Administration (VHA) employee, volunteer, or contractor who works in VHA facilities, visits VHA facilities, or provides direct care to those we serve will still be subject to the vaccine requirement at this time,” he said. “We continue to monitor and discuss this requirement, and we will provide more information about the vaccination requirements for VA health care employees soon. As always, we will process requests for vaccination exceptions in accordance with applicable laws, regulations, and policies.”

The version of the shots cleared in the fall of 2022, and available through the fall of 2023, did not have any clinical trial data supporting them.

A new version was approved in the fall of 2023 because there were indications that the shots not only offered temporary protection but also that the level of protection was lower than what was observed during earlier stages of the pandemic.

Ms. Manookian, whose group has challenged several of the federal mandates, said that the mandate “illustrates the dangers of the administrative state and how these federal agencies have become a law unto themselves.”

Tyler Durden Sat, 03/09/2024 - 22:10

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate…

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.

(Shutterstock)

A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.

Long COVID Patients Have Low Iron Levels

Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.

In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.

According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.

But it can jeopardize a person’s recovery.

When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”

The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.

It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”

The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.

1 in 5 Still Affected by Long COVID

COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.

Tyler Durden Sat, 03/09/2024 - 12:50

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