🚀 Your Financial Forecast

📈 Economic Insights 🌟 Investing Secrets 💼 Job Market Trends

Author

Simplify Wall Street
September 03, 2023

🚀 Your Financial Forecast

"In investing, what is comfortable is rarely profitable." — Robert Arnott

Money grows on trees

On-tap":

  • Investing Knowledge & Opportunities

  • Notable News & Insights

  • Short Term Analysis

Financial Success 101: What NOT to Do! 🙅‍♀️🙅‍♂️🚫

When securing your financial future for yourself and your family, there’s nothing more critical than laying a solid investment foundation. To understand the right things to do during your investment journey, you must comprehend the wrong things.

If you want to build a solid financial foundation, how about you invest without an emergency fund, ignore any money growth issues, put all of your eggs in one basket, do zero research, and only follow Twitter trends? (Clearly, this is in our most sarcastic voice!)

Here’s a free stock market finance terminology cheat sheet that will make you a savvy financial virtuoso.

Why Investing Matters More Than Ever ⚠️

Investing isn't just about growing your wealth; it's a strategy for securing your future and ensuring your family's well-being. Consider these top 3 reasons why investing is vital:

  1. Wealth Accumulation: Investments allow your money to grow over time. This wealth can be a safety net for your family's future needs, including education, homeownership, and retirement.

  2. Generational Wealth: Smart investing can help you create a legacy of financial stability for your children and future generations. It's a way to pass down more than just financial assets; it's the opportunity to pass down financial wisdom.

  3. Financial Education: By involving your family in investment decisions, you can impart valuable financial lessons that will serve them well throughout their lives. Teaching your children about investing can be a gift that keeps on giving.

Fun Fact. Did you know? 💡

Over 90% of individuals prioritize businesses with innovation and growth potential when making investment decisions.

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Let’s continue…

Striking the Perfect Balance: Short-Term Insights Fuel Long-Term Investment Success

While our primary focus is on long-term investing, it's important to recognize that insights gained from short-term trading strategies can be invaluable for shaping your long-term investment decisions. Staying informed about daily market trends, honing your ability to interpret price movements, and watching events like Federal Reserve meetings and economic developments can provide the flexibility needed to adjust your investment strategy as circumstances evolve. Key methods include effective risk management, strategic asset allocation, and rigorous research and analysis, which prepare you to seize opportunities in emerging sectors or implement hedging strategies.

Note: The key is to use your short-term knowledge as a complementary tool rather than a primary driver of your investment decisions. The core of your strategy should always be built on value and diversification.

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Notable News & Insights 📝

  1. Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000

When payrolls increase, it should indicate job growth, which can lead to a lower unemployment rate. In this case, payrolls most likely increased only for already employed individuals.

  1. Health care showed the biggest gain by sector, adding 71,000. Other leaders were leisure and hospitality, social assistance, and construction.

This increase could be influenced by various factors, such as Seasonal Trends, Economic Recovery, Demographic Changes, or even Social Assistance Programs.

  1. Nonfarm payrolls increased by 187,000 in August, ahead of the estimate for 170,000. The counts for June and July were revised considerably lower.

Upcoming this week!

Tuesday, Sept. 5 | Factory orders | It provides valuable insights into the manufacturing sector of the U.S. economy | Forecast data is (-2.3%) | 10 am eastern

Wednesday, Sept. 6 | S&P final U.S. services PMI (Purchasing Managers' Index)| 9:45 am eastern

Thursday, Sept. 7 | Initial jobless claims | expectation data is 230,000 | 8:30 am

Friday, Sept. 8 | Consumer credit For July | Expected Debt $19.5B, Previous number was $17.9B | 3:00 pm

Short Term Analysis 📝

E-mini traded at 4550 and closed the week at 4519. If you take a step back, you realize that though this is a high-resistance area, the market could stay irrational for longer. Will it? Who knows? The point is understanding that the market isn’t always black and white. Just because A happens, though it makes the most sense and the probability is high for B to occur, it does not ‘have’ to happen.

Zoomed Out for short-term analysis:

This range of 4430-4520 is very important. The bears want this area to act as resistance, while the bulls prefer this area to continue to build demand. In terms of price action, if the E-mini continues to close under this 4535-50 area, we could retest lower prices, such as 4470s, and continue to 4300s based on the timing between price action and economic news. Conversely, bulls have the upper hand the longer they sit above 4500+.

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Enjoy your holiday! 🌟

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