While Mexico and Canada have secured a one-month reprieve from the Trump administration’s 25% tariff hike, US automakers and parts manufacturers remain on edge, awaiting further developments in the trade dispute among the three nations.
Given the deep integration of the US auto industry’s supply chain with its northern and southern neighbors, any tariff increase after the pause would come at a significant cost.
General Motors, the largest US automaker, produces 40% of its vehicles in Mexico and Canada. According to the Cato Institute, Mexican GM plants exported more than 700,000 vehicles to the US last year. Ford is less exposed. Only 358,000 of its vehicles came from Mexico in 2024. Stellantis—maker of the Chrysler, Dodge, Jeep, and Ram product lines—followed with 314,000 vehicles. The Big Three’s foreign counterparts, Toyota, Honda, and Volkswagen, are also heavily invested in North America and would suffer as well.
Bernstein Research calculates that a 25% tariff would burden the auto industry with a $110 million daily surcharge; and Jefferies, the investment bank, estimates the tariffs would add $2,700 to the average price of a vehicle. Retail prices would go up, prodding consumers to buy less.
“The North American auto industry is highly integrated, and the imposition of tariffs would be detrimental to American jobs, investment, and consumers,” says Jennifer Safavian, CEO of Autos Drive America, the lobby representing foreign carmakers.
Big brands are used to assembling vehicles in the US, Canada, and Mexico. They procure essential components, including motors, transmissions, and simple components, from across the border. Some parts cross back and forth five or six times before they are incorporated into a finished vehicle. A 2025 Cato tariff study tracked a capacitor—an electrical component in a circuit board—on its journey. It was first bought in Colorado and shipped to Ciudad Juarez in Mexico to be included in a circuit board. The component was spotted in El Paso, Texas; and Matamoros, Mexico. It finished its trajectory in two seat-manufacturing plants, in Arlington, Texas; and Mississauga, Ontario.
Proposed designs for the United States Mint’s 2026 American Innovation dollar for California have been unveiled, revealing it will feature Steve Jobs.
Recommended designs for the 2026 American Innovation $1 coin for California. One of these designs is likely to be chosen by the Secretary of the Treasury for the coin’s reverse.
Raised in Los Altos, California, Jobs was a visionary entrepreneur who revolutionized the technology industry with innovations in personal computing, smartphones, and digital media.
“Steve Jobs transformed society’s relationship with technology by integrating it into our daily lives through user-friendly, accessible, and aesthetically pleasing design,” the U.S. Mint’s design narrative states.
“Jobs’ relentless pursuit of his vision not only revolutionized personal computing but also laid the foundation for the digital age, cementing his legacy as one of the most influential innovators of the modern era,” the narrative concluded.
The U.S. Mint’s American Innovation $1 Coin Program celebrates innovation and pioneering achievements from each of the 50 states, the District of Columbia, and the five U.S. territories. Launched in 2018, the program features annually released coins, with four unique reverse designs per year, each honoring a significant innovation or innovator.
Design Recommendations for California Innovation Dollar
Six candidate designs for the California Innovation dollar were presented to the Citizens Coinage Advisory Committee (CCAC) on Feb. 18 and the Commission of Fine Arts (CFA) on Feb. 20. Liaisons from the state and both advisory bodies provided their recommendations.
Stakeholders, represented by Dee Dee Myers, senior advisor to Gov. Newsom and director of the Governor’s Office of Business and Economic Development, favored 7C overall, with 07A as a secondary choice. Both designs depict a young Steve Jobs seated before Northern California’s oak-covered rolling hills.
The CCAC recommended 10A, highlighting his iconic speeches and ability to connect with audiences.
Meanwhile, the CFA did not strongly favor any single design but acknowledged that 01B offered a clearer link between Jobs and his innovations. Ultimately, however, they supported any selection made by the stakeholders or CCAC, recommending the use of a proportional font and ensuring the inscription “Make Something Wonderful” was included if not already present.
In the end, the Secretary of the Treasury will make the final design selection after considering recommendations from the advisory panels and stakeholders.
Design Images and Design Descriptions
The U.S. Mint’s line art images and design descriptions for all the candidate designs follow.
The six candidate designs for the 2026 American Innovation $1 Coin for California
CA-01B captures Steve Jobs in his characteristic speaking pose, evoking his famous product presentations and visionary speeches. It incorporates circuit patterns emerging from his hands and flowing around his figure, symbolizing his innovative spirit. Through his emphasis on design, usability, and consumer appeal, Jobs helped reshape how people interact with technology in their daily lives. As Jobs remarked about his purpose, “There’s lots of ways to be, as a person. And some people express their deep appreciation for their species in different ways. But one of the ways that I believe people express their appreciation to the rest of humanity is to make something wonderful and put it out there. And you never meet the people, you never shake their hands, you never hear their story or tell yours – but, somehow, in the act of making something with a great deal of care and love, something’s transmitted there.” The additional inscriptions are “STEVE JOBS” and “MAKE SOMETHING WONDERFUL.”
CA-04A depicts a tree with branches that blend with computer circuitry, symbolizing how Steve Jobs drew inspiration from California’s natural landscapes to shape his technological vision. The intertwining circuits and branches reflect the intuitive and organic user experience he would champion, reflecting the harmony he found in the natural world. A falling leaf draws attention to his name, representing how his influence continues to resonate even after his passing. The additional inscription is “STEVE JOBS.”
CA-05A displays Steve Jobs within a computer screen and a keyboard below, conveying Jobs’ early implementation of the personal computer for public use. His name appears on the screen in a font evoking early computers. The monitor contrasts with the textured surrounding to mimic light emanating from a computer screen. The additional inscription is “STEVE JOBS.”
CA-07A and CA-07C present a young Steve Jobs sitting in front of a quintessentially Northern California landscape of oak-covered rolling hills. Captured in a moment of reflection, his posture and expression reflect how this environment inspired his vision to transform complex technology into something as intuitive and organic to us as nature itself. CA-07A shows Jobs with his hands on his knees, while CA-07C renders his hands in front of his lap. The additional inscriptions are “STEVE JOBS” and “MAKE SOMETHING WONDERFUL.”
CA-10A features Steve Jobs speaking, recalling his legendary speeches and emphasizing his ability to connect with audiences. The minimalistic fonts honor his aesthetic vision and approach to design. The additional inscription is “STEVE JOBS.”
Nearly 40,000 individuals and organizations received support for tuition costs and repayment from GoFundMe fundraisers in 2024, the fundraising platform said.
People have turned to crowdfunding as some federal student loan borrowers say their education wasn’t worth the burden that their debt causes them.
While many fundraisers were started by the people with the need themselves, according to GoFundMe, others were launched by parent-teacher organizations, sports teams, clubs or other groups.
Thousands of Americans carrying student loan debt are turning to their communities for help footing the bills. In many cases, those communities are showing up.
Nearly 40,000 individuals and organizations got help funding tuition costs and loan repayment expenses from GoFundMe fundraisers in 2024, according to the crowdfunding platform. While many fundraisers were started by the people with the need themselves, according to GoFundMe, others were launched by parent-teacher organizations, sports teams, clubs or other groups.
One fundraiser was started by a friend of a Santa Fe nursing student and single mom of two who said she maxed out on her Pell Grant and opportunity scholarship during her last semester. “I am reaching out in the hopes that my community, who knows how hard I have worked and how far I have come, may be able to help me in this time of need,” she wrote.
The campaigns come as federal student loan borrowers face rising tuition costs and unexpected lawsuits challenging repayment plans.
“Everyone is in school in order to accomplish something professionally, and people are inspired to support those dreams and [to help people avoid] being burdened or prevented from [accomplishing] those dreams because of their debt,” said Margaret Richardson, chief corporate affairs officer at GoFundMe. “There is a real innate human desire to show up for people in those moments.”
Why Are Borrowers Reaching Out For Help?
There are 42.7 million federal student loan borrowers who have debt totaling almost $1.64 trillion, according to Federal Student Aid.
Among those borrowers, surveys indicate, are people who worry that their educations might not pay off: More than two-thirds of student loan borrowers said their education wasn’t worth the burden they now feel from their debt, according to a survey conducted by The Harris Poll on behalf of childcare and education provider Bright Horizons.
Student loans have typically been considered “good debt” that offers a return on the investment due to the higher incomes that a college degree can provide. However, as tuition costs have increased over the years, more borrowers have been wary of student loan debt and turned to donation platforms to receive help with tuition, Richardson said.
Many borrowers also asked for tuition support because an outside circumstance, such as the loss of a job or a car accident, made it harder to pay back the debt, according to GoFundMe.
“While I hate asking for things, I know I’m too close to finishing this journey to give up now,”one student at the Berklee College of Music wrote. “Thus, I’m putting aside my pride and asking for help from anyone who feels it in their heart to give.”
Many borrowers have faced uncertainty with their repayment plans. Many federal student loan borrowers were pushed into forbearance, which made it impossible to work toward loan forgiveness after President Joe Biden’s Saving on a Valuable Education repayment plan and greater student loan forgiveness were struck down by federal courts.
“To be able to share this need, in some cases, an unexpected need with their community is something that is a real gift for people,” Richardson said. “To be able to say, ‘I need help,’ and for their community to show up for them, and be able to say, ‘We’ve got your back’.”
There’s always a bull market happening somewhere… and we’ve found it
Last week, I (Tom Yeung) introduced you to two cyclical stocks to buy immediately.
These promising firms couldn’t have been more different, at least from a business perspective:
Digital Realty Trust Inc. (DLR) is a $50 billion data center company leasing millions of square feet to AI cloud computing customers.
Tyson Foods Inc. (TSN) packs chicken and beef into grocery store containers.
Yet, these two companies are both riding cyclical waves. The AI Boom is driving Digital Realty’s business to new heights, while a turnaround in cattle production is powering Tyson to a strong recovery.
That pair joins another eight recommendations from January that also focused on riding cyclical trends. These 10 high-quality firms have now risen 7% on average – outperforming the weighted S&P 500 return (-3%) and trouncing the -6% decline in the Nasdaq Composite over the same period.
That’s because cyclical effects can often overwhelm broader market negativity. Commodity prices surged during the 2008 financial crisis while everything else was plummeting… airline stocks boomed in the mid-2010s as oil prices collapsed… and chipmaking stocks surged in 2020 on a global shortage despite the broader Covid-19 selloff.
Today, the cycle is pointing upward for power-producing companies… financial exchanges… meatpackers… and more. That’s happening even as the rest of the market goes in reverse.
Nevertheless, these wonderful up-cycles are incredibly short to Keith Kaplan, CEO of TradeSmith. He’s helping his software firm’s investor customers find cycles across decades… if not longer.
When this patten appears, Keith says, it can send a specific class of stocks soaring. In fact, back-tests show the last time this pattern appeared under these conditions, it led to historic gains over the long haul, such as 9,731% from a leading software company… and 28,894% from a computer-driven hardware firm.
For long-term investors, it’s an event you don’t want to miss.
And in the meantime, I’d like to introduce two final cyclical stocks to buy this year.
Let’s Talk About the Weather
In 2015, New England faced “Snowmageddon,” an epic winter season that dumped nearly 8 feet of snow in Boston alone. The city would spend over $40 million responding to the storms – more than twice its annual snow-removal budget. One massive snow pile in South Boston’s Seaport district took until mid-July to fully melt.
The following period would prove a windfall for Douglas Dynamics Inc. (PLOW), America’s largest producer of snowplow attachments and ice management tools. Over the next three years, revenues would surge 56% as customers scrambled to replace their aging plows and salt-spreading equipment.
PLOW’s stock more than doubled.
A down-cycle then began in 2020 after a series of dry winters eviscerated demand. Northern regions from the Midwest to New England saw unusually low amounts of snow, and Douglas’s stock dropped to within striking distance of its pre-2015 levels.
2025 could mark a turnaround year for the Wisconsin-based firm.
In January, an unusual Gulf Coast snowstorm dumped as much as 10 inches of snow on parts of New Orleans. The city only had 14 rented plows to clear the streets. The same storm would also expose enormous snow-clearing equipment shortages from Texas to the Carolinas.
Many parts of America are also seeing their first “average” winters in several years. That same month, Boston saw 4 inches or more of snow for the first time in 1,000 days.
That should provide a new up-cycle for this high-quality firm. Douglas Dynamics owns some of the best-known brands in the business, including Fisher, Henderson, and SnowEx, and has a history of making solid bolt-on acquisitions. The company has generated positive cash flows every year since it began publishing records in 2006.
In addition, shares trade at a significant discount. PLOW is currently valued at under 10 times earnings and eight times cash flow – less than half of historical levels.
Please note that much of the Midwest is still seeing an unusually dry winter, so Douglas’s up-cycle could take until 2026 to fully play out. But given the Northeast’s sudden return to an “average” winter (and the South’s recent snowstorm), that should be enough to jumpstart a new upward cycle for PLOW’s beaten-down shares.
The Tools of the Trade
In January, I said CME Group Inc. (CME) and Cboe Global Markets Inc. (CBOE) were two wide-moat cyclical companies to buy. These firms have virtual monopolies in the options and futures markets, and profits tend to spike when volatility rises.
Donald Trump’s second term in office is providing a compelling catalyst for gains.
Shares of the two companies have since risen 7% each on a spike in the market’s VIX “fear” index (a ticker ironically owned by CBOE). Further gains are likely as the threat of tariffs materialize.
This week, I’d like to add one more financial firm to our list of high-quality cyclical stocks:
Charles Schwab Corp. (SCHW). The world’s largest brokerage firmscores a solid “B” based on InvestorPlace Senior Analyst Louis Navellier’s proprietary Stock Grader scores, and has generated positive net income every year since going public in 1987.
Schwab’s management has also been relatively quick to recognize trends in both institutional and retail trading. In 2019, the firm shocked the industry by offering zero-commission online trades, reasoning it could earn enough interest income from cash deposits to make up the difference. The following year, Schwab acquired TD Ameritrade, giving it a strong presence in the online trading boom.
Together, that’s turned Schwab into a money-printing machine. The firm now supports over $8 trillion of client assets and generates $9 billion of net interest revenue annually – almost half of total revenues.
Still, the trading business is highly cyclical. Trump’s first year in office in2017 saw a flurry of stock trading, boosting Schwab’s revenues by 17% and its share price by 35%. Rising interest rates the following year then created a down-cycle by causing customers to reduce cash balances and cutting into Schwab’s interest revenues.
A similar cycle played out in the years following the Covid-19 pandemic. Retail traders flush with pandemic stimulus money powered Schwab’s business to record heights. Then, rising rates from 2022 through 2023 created a down-cycle for the blue-chip firm. Wall Street’s rollercoaster rides are even wilder for trading firms.
2025 marks the beginning of a new cycle. Donald Trump is back in office, and according to Nasdaq data, trading in equity volumes surged 14% in January. Interest rates are also on the decline, making cash more attractive.
Both should benefit Schwab greatly. Analysts now expect earnings per share to surge 34% this year and 26% in 2026. For conservative investors seeking a safer way to play the market, Schwab offers an incredible deal.
The 49.5-Year Cycle
I must emphasize that the 12 cyclical stocks I’ve shown you so far this year all have relatively short time horizons. Douglas Dynamics could reach its peak within two years. Kimberly-Clark Corp. (KMB), a cyclical firm I recommended in January, took just a month to come within 5% of its target price.
Thomas Yeung is a market analyst and portfolio manager of the Omnia Portfolio, the highest-tier subscription at InvestorPlace. He is the former editor of Tom Yeung’s Profit & Protection, a free e-letter about investing to profit in good times and protecting gains during the bad.
After more than three years, CIBC Caribbean wrapped up its segment of a groupwide efficiency drive last month with the successful transfer of its Saint Maarten operations to Orco Bank. The divestment drive began in October 2021; since then, CIBC has sold operations in Aruba, Curaçao, Dominica, Grenada, and St. Vincent and the Grenadines, as well.
“Our country divestment program is now over,” said CIBC Caribbean’s CEO Mark St. Hill, in a statement. “These were some very complex transactions, and it is a credit to [CIBC’s team’s and buyer banks’] expertise and professionalism that we were able to complete all of them within the timeframe that we set out and with relative ease.”
Operating as CIBC FirstCaribbean in the Dutch Caribbean, the bank’s reduced regional footprint has resulted in a modern, slimmed-down bank, St. Hill added. Changes included centralizing key functions, including digital sales through LoanStore; launching an agile work plan; and revamping its call centers into contact centers.
Parent CIBC has been refocusing on its core markets to accelerate growth. The ownership changes are subject to local banking regulatory approval, which is expected in the forthcoming months.
“Acquiring CIBC FirstCaribbean’s banking assets presents an excellent opportunity for Orco Bank,” says Edward Pietersz, Orco managing director and CEO. “With an expanded reach, we are well positioned to fulfill our mission of being the preferred partner, offering innovative, customer-driven solutions that enable financial freedom in a responsible and sustainable manner while creating shared value for our communities.”
A similar effort to de-risk the region by National Commercial Bank Jamaica with the sale of its Cayman Islands subsidiary NCB Cayman has fallen through. The transaction failed to be completed within the agreed timeframe, parent NCB Financial Group revealed. But rumors persist that other international banks are considering selling some of their Caribbean assets due to poor performance and high compliance costs in the region.
President Donald Trump is expected to address a joint session of Congress on Tuesday.
Tariffs against products from Canada and Mexico are also set to go into effect Tuesday, Trump announced last week, along with the doubling of the existing tariff on goods from China.
The latest jobs report for February is due for release Friday, as officials watch for softness in the labor market.
Broadcom is set to report earnings this week, along with Costco, Target, and others.
Reports on consumer credit levels, the U.S. trade balance, factory orders, and industry PMI survey results are also expected.
President Donald Trump on Tuesday is set to give what will be his first address to a joint session of Congress since he was reelected. Tariffs against products from Canada and Mexico are also set to go into effect Tuesday, Trump announced last week, along with the doubling of the existing tariff on goods from China.
Market participants may look forward to comments this week from Federal Reserve Governor Michelle Bowman and New York Fed President John Williams ahead of the blackout period. The latest jobs report for February, due Friday, could be in the spotlight as well, amid concerns about emerging weakness in the labor market.
Updates to consumer credit levels, the U.S. trade balance, factory orders, and manufacturing and Purchasing Managers’ Index (PMI) surveys are also expected, along with scheduled earnings from Broadcom (AVGO), Costco (COST), Target (TGT), and others.
Monday, March 3
S&P manufacturing PMI (February)
ISM manufacturing PMI (February)
Construction spending (January)
St. Louis Fed President Alberto Musalem is scheduled to deliver remarks
Okta (OKTA) and GitLab (GTLB) are scheduled to report earnings
Tuesday, March 4
President Donald Trump is scheduled to address joint session of Congress
New York Fed President John Williams is scheduled to deliver remarks
CrowdStrike (CRWD), Target, AutoZone (AZO), Ross Stores (ROST), Best Buy (BBY), and Nordstrom (JWN) are scheduled to report earnings
Wednesday, March 5
ADP employment (February)
S&P services PMI (February)
ISM services PMI (February)
Factory orders (January)
Federal Reserve Beige Book
Marvell Technology (MRVL), Veeva Systems (VEEV), Zscaler (ZS), MongoDB (MDB), Campbell’s (CPB), Brown-Forman (BF.A), and Abercrombie & Fitch (ANF) are scheduled to report earnings
Thursday, March 6
Initial jobless claims (Week ending March 1)
U.S. trade deficit (January)
U.S. productivity – final (Q4)
Wholesale inventories (January)
Atlanta Fed President Raphael Bostic is scheduled to deliver remarks
Broadcom, Costco, Kroger (KR), Hewlett Packard Enterprise (HPE), Burlington Stores (BURL), Gap (GAP), and Macy’s (M) are scheduled to report earnings
Friday, March 7
U.S. employment report (February)
Consumer credit (January)
Fed Reserve Governor Michelle Bowman and New York Fed President John Williams are scheduled to deliver remarks
Final day before Federal Reserve blackout period ahead of March 18-19 meeting
Trump To Address Congress as Tariffs Take Effect
President Trump is set to address a joint session of Congress at 8 p.m. EST on Tuesday, March 4. The address could offer an opportunity for Trump to lay out his agenda and highlight his administration’s early actions, including the tariffs scheduled to take effect the same day.
Fresh Jobs Report To Come Amid Focus on Labor Market
The February jobs report scheduled for Friday comes after employers added fewer positions than expected last month, raising worries the labor market may be softening. Those concerns were reinforced last week when jobless claims came in higher than expected.
Reports on weekly initial jobless claims and private sector hiring in February are due earlier in the week. Federal Reserve officials have pointed to strength in the labor market as helping influence their recent decision not to lower interest rates at their January meeting.
Fed Officials To Speak Ahead of Blackout Period
It’s the last week for Federal Reserve officials to deliver remarks before the start of the blackout period ahead of the March 18-19 meeting of the Federal Open Market Committee. Fed Governor Michelle Bowman, New York Fed President John Williams, and Atlanta Fed President Raphael Bostic are scheduled to give remarks. The Fed’s latest Beige Book is also due for release Wednesday, offering a qualitative review of economic conditions.
Several economic indicators this week could provide updates on the health of the manufacturing and services sectors, including PMI survey results for February, wholesale inventories data, U.S. fourth quarter productivity, and factory orders. January consumer credit data could also provide insight into the strength of consumers, coming as retailers like Walmart (WMT) have projected lower-than-expected sales growth in coming quarters.
Earnings Due From Broadcom, Target, Costco and More
Broadcom is set to report earnings Thursday, after chip stocks sold off last week in the wake of Nvidia’s (NVDA) earnings. Nvidia’s results surpassed Street estimates, but they may not have been good enough for investors amid some concerns about AI spending and economic uncertainty. Analysts have so far largely remained bullish on Nvidia’s stock as well as Broadcom’s, pointing to the chipmakers’ potential to benefit from growing AI demand.
Other tech companies scheduled to report this week include Marvell Technology, HP Enterprise, MongoDB, GitLab, CrowdStrike, Zscaler, and Okta. Several big retailers are also scheduled to release quarterly results, with Ross Stores, Best Buy, and Target reporting Tuesday, with Costco set to follow on Thursday.
This tool signaled the perfect time to sell before the crash—and the ideal moment to buy back in. Now, it’s flashing another critical alert.
Editor’s Note:As any investor knows, it can be difficult to know when to buy or sell a stock. That’s why I’m such an admirer of TradeSmith CEO Keith Kaplan.
To improve his own investing, Keith developed software to help him identify the best times to buy and sell a stock.
In a guest essay today, Keith shares an amazing story about how the system he helped develop saved his portfolio before the Covid crash of 2020, and how it helped him to grow his wealth in the historic run that followed.
After you read this, you’ll want to sign up for Keith’s event on Thursday, February 27 at 8 p.m. Eastern. He’s calling it The Last Melt-Up – and in this special event, you’ll learn how Keith’s system works and why it’s so accurate. You’ll also learn why he’s got his eye on an ultra-rare pattern that has only appeared in the markets three times going back 125 years. You can click here to sign up for your free spot now.
In the meantime, I’ll let Keith share his story and tell you more about the alert that saved his portfolio…
It was one of the most difficult moments of my professional life … but I had saved my portfolio!
It was early 2020 and I had flown to Florida to meet with a group of 50 of my peers where each of us pitched our best and biggest investment ideas.
Person after person was pitching greedy parts of the market that they believed were ready to soar.
When it was my turn, I told them all “I sold almost all my stocks on Friday.”
As you would imagine, I was not the most popular person in the room.
I urged people to protect their investments and consider warning their subscribers that a bear market was rapidly approaching.
I even showed them proof of how I knew we were headed toward the fastest bear market in history — one that would catch everyone by surprise and destroy years of wealth building.
I showed them the alerts I received and then how accurate these alerts have been over the last 20 years.
I was laughed at and told not to panic. Not a single person in the room wanted to hear what I had to say. And I understand why; the CNN Fear and Greed Index at the time was nearing extreme greed levels.
Why would they want to hear a bearish alarm?
But anyone who acted on my systems advice saved their portfolio … and then made even more money when the system signaled it was time to get back in.
In the last 20 years, we’ve only made the system better…
And we are on the verge of another change in the market’s direction. One that you can be ahead of, while everyone else depends on outdated indicators.
The Alert That Saved My Portfolio
I remember it like yesterday.
On a Friday, Feb. 27, I had received a big, bearish alert from our system.
It basically said, “Run for the hills and sell your stocks.”
At the time I knew almost nothing about COVID-19 and I didn’t know how markets would react to what was coming.
But I did know that I trust our system, so the very next day, I sold nearly all my stocks.
Over the weekend, a quick stop into Target with my family gave us an early glimpse into the world of panic buying and hoarding we can all remember. We noticed a woman with a cart FULL of nothing but Clorox wipes.
Clearly, there was panic in the air, and we were just starting to see and feel it for the first time.
But I knew I didn’t have to panic about my portfolio.
Our system’s alerts are based on proprietary algorithms we created years ago and that routinely test and update. They’re based on momentum and short- and long-term trends. And they’re eerily accurate!
Here are the five most recent drawdowns prior to that day…
Obviously, a lot has changed since then. Indeed, we experienced the fastest bear market onset in history.
But we also experienced one of the fastest recoveries in the history of markets. We haven’t looked back, except for a few small setbacks.
The Alert That Lead to Profits
In 2020, my personal portfolio was saved a huge loss thanks to the indicators I got.
And, just a month later, our indicators did it again, alerting me to a bullish set up in the markets.
This signal has been almost always right over 40 years of use and testing:
By this time the CNN Fear and Greed Index had plummeted to extreme fear and people were nervous.
Heck, I was nervous!
But again, I trusted the math and these signals, and I took action. I started gobbling up stocks that had big pullbacks and were noted “healthy” in our system by their green designation.
Boy was that the right decision!
Look what the market did the rest of the year!
As you can tell, I love our products and can’t wait to reveal more to you over the next few days.
In fact, it all started for us years ago when we invented what I call the “single most important number in investing.” And next week, on Feb. 27 at 8 p.m. Eastern, I’ll be unveiling the prediction in TradeSmith’s 20-year history. You can register to hear this prediction for free right here.
Hong Kong’s Securities and Futures Commission and Hong Kong Exchanges and Clearing Ltd. (HKEX) are considering whether to ease initial public offering rules for mainland Chinese companies.
Christopher Hui, the territory’s secretary for financial services and the treasury, said at a recent conference in Shenzhen that the bourse pledged to ease listing requirements for Chinese firms. The mainland regards the Special Administrative Region’s (SAR) capital markets as a valuable source of funding in realizing their wider global expansion goals.
Observers expect local markets watchdog and HKEX to propose amendments by the end of the year. Regulators conducting comprehensive studies are expected to showcase proposed measures to better the current fundraising system, Hui said at a meeting of the Shenzhen-Hong Kong Financial Cooperation Committee in mid-February.
Hong Kong’s IPO market is still shaking off a multi-year slump as more mainland Chinese-listed firms seek dual listings on the SEHK.
Mainland firms are keen to learn the degree to which the territory’s regulators will streamline application procedures and lower listing requirements. HKEX figures indicate that, in January, the exchange received 30 IPO applications in January, including seven A+H applications for firms already possessing mainland-listed (A) shares that wanted to add Hong Kong (H) shares, or H shares.
According to Bonnie Chan, HKEX’s CEO, nearly 100 companies were in the city’s IPO pipeline as of January.
In February, electric vehicle battery maker Contemporary Amperex Technology (CATL) submitted listing documents to HKEX. The Ningde-based company will likely raise $5 billion—potentially the SAR’s biggest IPO in more than four years. Proceeds from the proposed IPO will help enhance mainland EV supply chain dominance.
In recent years, Hong Kong regulators have emphasized the importance of closer links between capital markets to uplift the mainland economy. They also stressed the SAR’s role as a bridge between mainland Chinese and global markets, while promising to create more cross-border investment mechanisms to facilitate increased capital flows. CATL, the world’s largest producer of batteries for electric vehicles, said proceeds from the proposed IPO would reinforce its global expansion, which would enhance China’s dominance in the EV supply chain.
