✨ Shiny Object Syndrome

Hi All - Happy Saturday and welcome back to Street Tweets from The Street Sheet. 

U.S. companies added almost no new jobs in October, and the unemployment rate remained unchanged. We Americans may finally be forced to find contentment where we are. What a pretty thought…

…then again, you see the new Aston Martin?

Together With Jack Carter Trading

The “income ace” portfolio revealed

Recently, “The Income Ace,” Jack Carter, did something we  never thought he’d do…

He unlocked the list of stocks in his entire “profit-sharing” portfolio for traders around the world! 

Most people were stunned that Jack would share all of his best income producing tickers… But there’s a very good reason for it. As Jack explained, the “American Dream” is broken…

Even for the folks who worked hard and played by the rules, the math simply doesn’t add up.

Consider that in 1972 the average home was $30k… Fast forward to 2024 where the same $30k is equivalent to $189k in today’s dollars.

But the average home? It now goes for $440k… Are you seeing the problem?

Retirement aged folks (or those nearing retirement) have lived through some of the most aggressive cost increases - way outpacing “normal” inflation - in our history. Meaning even if they did the right things, they’re still behind.

And that’s why Jack is revealing his Profit Sharing Payment Portfolio for the first time ever. Because folks need it more than ever!

The entire presentation is free and it will even teach you Jack’s 3 golden rules for picking dividend stocks. So don’t miss out…

Tap Here to Join the Broadcast Now

Market Review:

Stocks rallied on Friday to kick off November. The Dow Jones Industrial Average gained 289 points, or 0.69%, while the S&P 500 advanced 0.41% to finish at 5,729, and the Nasdaq Composite rose 0.8%.

The major averages ended a choppy week on a bright note, but the S&P 500 still fell 1.4% last week, while the Nasdaq slid 1.5% due to post-earnings slumps in Microsoft and Meta Platforms. The Dow inched down 0.2% for the week.

This strong start to November follows a tough October, during which the Dow fell 1.3%, the S&P 500 dropped 1%, and the Nasdaq declined 0.5%.

Market Preview:

On Monday, factory orders for September will provide a look into manufacturing activity.

Tuesday brings the trade deficit for September, alongside the first of several looks into the services sector, in the form of the ISM services index for October.

On Wednesday, the second such report — the final S&P U.S. services PMI for October — is due.

Thursday will be headlined by the Federal Reserve’s second-to-last interest rate decision of the year, followed by a speech from Fed Chair Jerome Powell. We’ll also get the weekly update on initial jobless claims and productivity data for Q3.

Finally, on Friday, the preliminary consumer sentiment index for November and the monthly federal budget for October will be released.

GO DEEPER

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Are any of these hot spots on your itineraries for next year?

I might have to look into flights to Willemstad myself. A Blue Daiquiri sounds great right about now.

Do they know something we don’t? 🤔

Then again, if investors had crystal balls, we’d all be billionaires by now…

The dangers of “shiny object syndrome” in a single photo.

Any guesses as to which of these might return to their former glory? (If any…)

Together With Jack Carter Trading

The “income ace” portfolio revealed

Recently, “The Income Ace,” Jack Carter, did something we  never thought he’d do…

He unlocked the list of stocks in his entire “profit-sharing” portfolio for traders around the world! 

Most people were stunned that Jack would share all of his best income producing tickers… But there’s a very good reason for it. As Jack explained, the “American Dream” is broken…

Even for the folks who worked hard and played by the rules, the math simply doesn’t add up.

Consider that in 1972 the average home was $30k… Fast forward to 2024 where the same $30k is equivalent to $189k in today’s dollars.

But the average home? It now goes for $440k… Are you seeing the problem?

Retirement aged folks (or those nearing retirement) have lived through some of the most aggressive cost increases - way outpacing “normal” inflation - in our history. Meaning even if they did the right things, they’re still behind.

And that’s why Jack is revealing his Profit Sharing Payment Portfolio for the first time ever. Because folks need it more than ever!

The entire presentation is free and it will even teach you Jack’s 3 golden rules for picking dividend stocks. So don’t miss out…

Tap Here to Join the Broadcast Now

Before we skip straight to conspiracy hour…

Here’s an interesting piece from Claudia Sahm on the math behind jobs data revisions.

I’m embarrassed to say…

I would’ve loved this as a kid. 🤓

TRIVIA