• What did the Fed say about rate cuts this year?
• What is Tesla asking shareholders to reinstate after recent layoffs?
• Why is the Biden administration lifting the solar tariff?
MARKET MOVEMENTS
Dow Jones
S&P 500
Nasdaq
37,897.08(+0.38%)
5,029.15(+0.14%)
15,683.22(-0.15%)
Opening price as of 04/18/2024 compared to last close
IN THE HEADLINES
Fed’s Powell Says Elevated Inflation Will Likely Delay Rate Cuts This Year
Federal Reserve Chair Jerome Powell warned on Tuesday that persistent inflationary pressures are likely to postpone any interest rate cuts by the Fed until later this year, potentially leading to a prolonged period of higher interest rates. He suggested that if higher inflation persists, the Fed could maintain the current interest rates for an extended period. This departure from earlier expectations suggests that the Fed may not implement as many rate cuts as previously forecasted. Despite robust economic growth and persistently high inflation, Fed officials are emphasizing that there is little urgency to lower interest rates. Read more
Days After Announcement of 10% Staff Layoffs, Tesla Asks Shareholders to Reinstate Elon Musk's Pay
Tesla plans to seek shareholder approval to reinstate CEO Elon Musk's $56 billion pay package, previously invalidated by a Delaware judge, and to relocate its incorporation from Delaware to Texas. These decisions come amid recent workforce reductions, with Tesla announcing a 10% staff cut. The proposals are expected to spark debate among shareholders, with Tesla hiring proxy solicitor Innisfree M&A to secure votes. The invalidated pay package resulted from a lawsuit won by a shareholder, prompting Musk to criticize Delaware's laws. Tesla argues that the move to Texas aligns with its vision and is common among major corporations. Read more
Biden Administration to Lift Solar Tariff
The Biden administration is poised to allow imports of a dominant solar panel technology from China and other countries to bypass tariffs, according to sources familiar with the plans. This move is expected to benefit U.S. solar manufacturers, including First Solar, as it aims to protect domestic solar manufacturing against competition from cheaper Asian-made products. If implemented, duties on imports of bifacial panels, a crucial technology in utility-scale solar projects, could be reinstated, providing a boost to the growing number of solar equipment factories planned since President Biden signed the Inflation Reduction Act in 2022. This decision aligns with Biden's agenda to bolster American manufacturing, create union jobs, and combat climate change, although it underscores the divisions within the U.S. solar industry regarding trade remedies and import tariffs. Read more
TradeUP TIDBITS
The Benefits of Index Options Cash Settlement
Most index options are settled in cash at expiration. That means your trade's profits and losses are settled as a debit or credit directly into your trading account. You don't have to worry about receiving or delivering securities upon exercise or assignment. Read the Full Article
INVESTOR TIPS
0DTE (zero days to expiration)
0DTE options, sometimes referred to as “same day expiring” options, are options contracts that expire at the end of the current trading day.
It’s Time to Vote!
Share your thoughts with us on social media!
This week's topic is: Have you ever tried trading index options with 0DTE strategy?
TradeUP Securities, Inc. is a member of FINRA/SIPC and regulated by the US Securities and Exchange Commission. Registered office: 437 Madison Ave 27th Floor New York, NY, 10022. For further information about TradeUP Securities, Inc., see FINRA BrokerCheck. For further information about SIPC insurance coverage for accounts at TradeUP Securities, Inc., see www.sipc.org or request an explanatory brochure from TradeUP Securities, Inc..
All investments involve risk, including possible loss of principal. Past performance of a security, market, or financial product does not guarantee future results. Electronic trading poses unique risk to investors. System response and access times may vary due to market conditions, system performance, and other factors. Market volatility, volume, and system availability may delay account access and trade executions.
No content on the website shall be considered a recommendation or solicitation for the purchase or sale of securities, futures or other investment products. All information and data on the website are for reference only and no historical data shall be considered as the basis for judging future trends.
• What did the Fed say about rate cuts this year?
• What is Tesla asking shareholders to reinstate after recent layoffs?
• Why is the Biden administration lifting the solar tariff?
MARKET MOVEMENTS
Dow Jones
S&P 500
Nasdaq
37,897.08(+0.38%)
5,029.15(+0.14%)
15,683.22(-0.15%)
Opening price as of 04/18/2024 compared to last close
IN THE HEADLINES
Fed’s Powell Says Elevated Inflation Will Likely Delay Rate Cuts This Year
Federal Reserve Chair Jerome Powell warned on Tuesday that persistent inflationary pressures are likely to postpone any interest rate cuts by the Fed until later this year, potentially leading to a prolonged period of higher interest rates. He suggested that if higher inflation persists, the Fed could maintain the current interest rates for an extended period. This departure from earlier expectations suggests that the Fed may not implement as many rate cuts as previously forecasted. Despite robust economic growth and persistently high inflation, Fed officials are emphasizing that there is little urgency to lower interest rates. Read more
Days After Announcement of 10% Staff Layoffs, Tesla Asks Shareholders to Reinstate Elon Musk’s Pay
Tesla plans to seek shareholder approval to reinstate CEO Elon Musk’s $56 billion pay package, previously invalidated by a Delaware judge, and to relocate its incorporation from Delaware to Texas. These decisions come amid recent workforce reductions, with Tesla announcing a 10% staff cut. The proposals are expected to spark debate among shareholders, with Tesla hiring proxy solicitor Innisfree M&A to secure votes. The invalidated pay package resulted from a lawsuit won by a shareholder, prompting Musk to criticize Delaware’s laws. Tesla argues that the move to Texas aligns with its vision and is common among major corporations. Read more
Biden Administration to Lift Solar Tariff
The Biden administration is poised to allow imports of a dominant solar panel technology from China and other countries to bypass tariffs, according to sources familiar with the plans. This move is expected to benefit U.S. solar manufacturers, including First Solar, as it aims to protect domestic solar manufacturing against competition from cheaper Asian-made products. If implemented, duties on imports of bifacial panels, a crucial technology in utility-scale solar projects, could be reinstated, providing a boost to the growing number of solar equipment factories planned since President Biden signed the Inflation Reduction Act in 2022. This decision aligns with Biden’s agenda to bolster American manufacturing, create union jobs, and combat climate change, although it underscores the divisions within the U.S. solar industry regarding trade remedies and import tariffs. Read more
TradeUP TIDBITS
The Benefits of Index Options Cash Settlement
Most index options are settled in cash at expiration. That means your trade’s profits and losses are settled as a debit or credit directly into your trading account. You don’t have to worry about receiving or delivering securities upon exercise or assignment. Read the Full Article
INVESTOR TIPS
0DTE (zero days to expiration)
0DTE options, sometimes referred to as “same day expiring” options, are options contracts that expire at the end of the current trading day.
It’s Time to Vote!
Share your thoughts with us on social media!
This week’s topic is: Have you ever tried trading index options with 0DTE strategy?
TradeUP Securities, Inc. is a member of FINRA/SIPC and regulated by the US Securities and Exchange Commission. Registered office: 437 Madison Ave 27th Floor New York, NY, 10022. For further information about TradeUP Securities, Inc., see FINRA BrokerCheck. For further information about SIPC insurance coverage for accounts at TradeUP Securities, Inc., see www.sipc.org or request an explanatory brochure from TradeUP Securities, Inc..
All investments involve risk, including possible loss of principal. Past performance of a security, market, or financial product does not guarantee future results. Electronic trading poses unique risk to investors. System response and access times may vary due to market conditions, system performance, and other factors. Market volatility, volume, and system availability may delay account access and trade executions.
No content on the website shall be considered a recommendation or solicitation for the purchase or sale of securities, futures or other investment products. All information and data on the website are for reference only and no historical data shall be considered as the basis for judging future trends.
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