Elite Wealth Club

05/14/2023

The market is caught between strong opposing currents, confining the broad indexes to an unusually narrow six-week range.

05/12/2023

Takes the WIRED Autocomplete Interview and answers the internet's most searched questions about, umm, itself? Can ChatGPT predict the stock market? Will ChatGPT take all our jobs? Is it better than Google? ChatGPT answers all these questions and much more!

05/09/2023

International Endeavors Corp. Enters Trillion-Dollar Renewable Energy Industry with Plan to Deliver Shareholder Value $IDVV

NEW YORK, NY, June 14, 2022 (GLOBE NEWSWIRE) -- International Endeavors Corp. ("IEC") (OTC PINK: IDVV) entered the almost $1-trillion-dollar global...

05/07/2023

Social Security’s projected benefits exceed scheduled taxes over the next 75 years. More immediately, the program will be able to pay only 77% of promised benefits after 2033 without reforms.

Social Security, Medicare, and Medicaid do not provide greedy people with special privileges

05/03/2023

It's interesting to wonder why Ark Invest is so wildly optimistic about Tesla. Despite Tesla's success, Ark is much more aggressive in their belief that they are going to go up massively in the next handful of years. Do you believe Tesla will become kings of automated driving and robotaxis?

The well-known investment firm is extremely optimistic that Tesla is going is on the verge of moving to new heights

05/02/2023

The top part of the chart is the weekly Semiconductors (SMH) Invesco QQQ Trust Relative Strength Index Ratio (SMH/QQQ). A rising line means the SMH is stronger; if falling, the QQQ is stronger.
SMH made a new relative strength high in February but has peaked and turned down, no longer leading in relative strength. The SMH will often be a clue before a significant correction starts because it will lag and fall faster than the QQQ leading the broad market lower.
Keep an eye out next week if SMH continues to underperform the QQQ, which is considered short-term negative, or on the other hand, if SMH outperforms the QQQ, which would be sort term positive

04/26/2023

What happens to your stock when Barbie files for bankruptcy?

04/24/2023

A reader asks: My brother-in-law has little to no savings. His parents are in their 70s. There will be no large inheritance to pass down to him.
I fear it won’t take long before he looks to me and my wife to bail him out of any financial pickle he finds himself in. What guidance can you offer, Elite Wealth Club ?

04/11/2023

Asset allocation strategist Barry Gilbert from LPL Financial reports that the 60/40 portfolio utilizing the S&P 500 and Bloomberg U.S. Aggregate Bond Index as proxies has been on solid ground for the past two quarters.

04/09/2023

The three main categories of investments are stocks, bonds and cash - all of which have their own risks and rewards. Here's how to balance your investments to best achieve your goals.

04/07/2023

According to a new seasonally adjusted formula, initial claims for unemployment benefits in the U.S. have exceeded 200,000 for nine consecutive weeks and are significantly higher this year than previously reported.
Do these numbers mean that the historically tight labor market has suffered a significant setback?
Where does the investment outlook for 2023 lie?

04/06/2023

This is why the stock market is so incredible! If someone had invested $50 into Home Depot stock when it first opened in 1981 and left it there, it would be worth $725,000 today. And at its highest point, it would be worth over $1 million.
That's why we never stop studying the market, because the potential for growth is limitless