Making the Most of Inbound Marketing
Marketing, as an entity, has been around for a very long time. However, the approaches to marketing have not changed but they have been enhanced by the addition of inbound marketing. Inbound marketing, unlike traditional marketing, allows your clients and prospective clients to come to you as opposed to you having to go after your clients and prospective clients in traditional marketing.People are clever
In the past, as a marketer, you would have spent a great deal of money on marketing your brand. The payback for that was that your target audience actually paid attention to your marketing materials. However, eventually, people became more sophisticated and found ways to block your marketing efforts. If you bought ads in newspapers, magazines, etc., the other person could simply not read it. If you bought ads on TV, they could change the channel. If you advertised over the phone, the other person could just hang up.Inbound marketing is a great new approach to marketing
Eventually, inbound marketing was born. Not only is inbound marketing a different approach but it also allows you greater possibilities of succeeding because not only does your client or prospect come to you but that person has chosen to do so willingly. That means that the person is prequalified and he or she would be more than willing to connect with you. The challenges that you always faced in the past when it came to marketing results are less challenging because of inbound marketing. They get to decide if and when they go with you.How does inbound marketing work?
As was stated previously, inbound marketing only works if the other person opts into what you want them to do. At the very least, that will be basic contact information. In some cases, it will be more than that. However, it is not as simple as the person becoming aware of your existence online and then immediately deciding to connect with you and to cultivate a relationship.With inbound marketing, it takes time to build the relationship and to trust each other and for your to become credible in the other person’s eyes. It is important that you understand that even though it may feel like a slow process to you, it is actually an extremely effective process and will worth exploring. Inbound marketing works effectively for many different businesses.The way that it works is that you consistently post top-quality, educational, valuable content and the other person gets to know you and your business through your content. At some point in the near future, that person will want to deepen the connection that he or she has with you and you will begin to interact with each other. With any luck, you start to do that regularly. Before you know it, you have built a solid, meaningful, mutually beneficial relationship that will exist for a very long time.At this point, you may be wondering how to get started using a strategy that includes inbound marketing.
Establish your content marketing strategy: Content is king! That cannot be emphasized enough. Before you do any writing at all, you need to establish your content strategy. It is that strategy (or roadmap) that will keep your content flowing and will hopefully help you to avoid any roadblocks in the way of your writing productivity. Your strategy should contain detailed information about your target audience members, including their wants and needs. Those details will guide you to customize your writing appropriately. Your first objective is to solve the other person’s problem(s). You need to write content that resonates with the other person and that helps you to establish an emotional connection.
Build your communities: Assuming that you have created a strong repository of top-quality content, the next thing that you will need to ensure is that your online social communities are in order. The reason for that is so that you have places to share your content. Of course, that means that wherever you post your content, it will elicit positive results. It is recommended that you choose quality over quantity when it comes to your online social connections. However, you should still have a significant number of connections. You should present your content in ways that appeal to your target audience, including words on relevant, compelling topics, graphics, videos, etc.
Leverage forms: Once you have gotten the attention of prospects, you will want to deepen the connection. A great vehicle for that is to use a form. You will want to encourage your online connections to complete a form with contact information and other pieces of valuable information that you need. The way that you can accomplish that is by providing a link to your landing page that contains a form (or a link to a form). The landing page will provide additional content that your prospects will find useful.
Grow your relationships: Relationships need tender loving care. That is true of personal as well as professional relationships. If you want to make the relationship solid and enduring, you will need to put forth some effort to make that happen. It is not necessarily correct to assume that the minute you connect with the other person, you will become besties! It takes time and effort to develop true relationships. In many cases, the more effort you put into the relationship, the stronger that relationship will become. Always remember that your first objective is to solve the other person’s problem(s). If you can satisfy his or her needs, yours will be met as well.
Conclusion
Inbound marketing is an extremely effective approach in business. Inbound marketing provides you with the opportunity to establish solid, meaningful, enduring relationships. Those relationships will benefit everyone involved. Your online connections exist for you because they want to, not because they have to. Your business will potentially grow at an increased rate and the relationships that you establish will last.
SEO Copywriting Course – What to Look For Before Enrolling
SEO copywriting is lucrative freelance writing niche. And, perhaps more importantly these days, it’s one that is recession proof. Because of this, many are interested in learning how to become an SEO writer.
If you’re considering taking an SEO copywriting course – and there aren’t that many of them out there – following are four things to look for.4 Specifics to Look for in an SEO Copywriting Training Class1. Target Market: One of the first things to look for in an SEO copywriting course is whether or not it meets your needs. This is what is meant by “target market.” Will it address your knowledge needs. This is crucial because SEO is a broad field. If you don’t know the fundamentals of search engine optimization, an SEO copywriting course that doesn’t address will be of little value to you.2. Interactivity & Feedback: Writing SEO copy is not hard, but there are certain fundamentals that must be adhered to. This means that you have to write copy and have it reviewed by someone who knows the rules of SEO writing to give you feedback.This is critical, for once the course is over, you want to be able to go back to specific feedback to get until you are comfortable writing this type of copy.3. SEO Tools: Search engine marketing and optimization is constantly changing. So, what you learn in an SEO copywriting course may change in nine months or a year.”So what’s the point in getting SEO copywriting training?” you may be thinking. Well, like any enduring marketing practice – to learn the fundamentals and how to apply them. Rarely do these change.But the course should point out tools and resources for further education. By this we mean leading authorities (websites, books, software, noted SEO experts) that you can access to give yourself the constant education you need to be an effective SEO copywriter.4. The Presenter: There is an old idiomatic expression that explains this best. It goes, “Find someone who is doing what you want to do, then copy their efforts.” What this means in this case is, make sure the presenter is – or used to be – an SEO copy writer.There are many jobs in the search engine optimization niche, eg, web analyst, social media maven, interactive media specialist, etc. But, you want someone who’s had direct experience as an SEO copywriter, for that is the only way they can truly know the ins and outs of dealing with clients, pricing, billing, marketing for work, etc.SEO Copywriting: A Recession-Proof, Work-from-Home, Well-Paid CareerInternet marketing experts estimate that 100,000 new websites go live every day. And what do all of these sites need – copy. Smart website owners realize that they not only need copy, but SEO copy in order to be found online.Businesses are scrambling to find qualified SEO copywriters because many freelance writers don’t understand the intricacies of internet marketing, search engine optimization, social media marketing, etc. When you consider the broader context – ie, that roughly 90% of web users only use the internet for simple tasks like checking email, making travel plans and booking dinner reservations — it makes sense.Most of us — writers, small business owners, casual web surfers, etc. – don’t even scratch the surface of what the web is all about. And, this makes SEO writing all the more attractive (and lucrative) as a career.Freelance writers who are astute enough to get SEO copywriting training will capitalize on the well-paid opportunities this freelance writing niche offers.
The Key To Working Capital Financing – Asset Based Lenders
Wondering how your competition seems to have all the working capital financing they need and you don’t – the key to that answer might just be asset based lenders and the asset based lines of credit they offer to Canadian businesses such as yours.Let’s examine how this relatively new and unique method of business financing can totally alter your business financing success.The acronym for this type of financing is A B L; simply speaking its daily cash flow provide against your current, and sometimes now so current assets. What do we mean by that? Simply that this facility allows you to margin your receivables, inventory, and in most cases, should you choose, fixed assets and real estate. You are probably saying to yourself that you could arrange financing on your own re those fixed assets and real estate – but we are talking about using those assets as collateral for your daily revolving line of credit. So you aren’t borrowing, you are not bringing debt on to your balance sheet, you are just leveraging your ‘ assets ‘ (that’s the ‘A’ in ABL!) for daily cash flow and working capital.And why are we claiming that this type of working capital financing just might be your key to business success. Simply because you have probably found it has been challenging to get the full amount of business credit you need. In some cases you might have discovered its been a challenge to get business lines of credit of any manner.So if your competitors are using this type of financing today, who exactly is eligible for it, and is your firm a candidate. The answer is simply that if your firm has a combination of 250k in working capital assets you are immediately eligible for asset based lines of credit. We would add that firms with smaller asset sizes can still monetize those receivables via invoice financing or discounting, but that’s not our key focus for today’s information exchange.So now you now the offering are out there. But why should you consider it. Simply because your firm might be in one of a number of special situations – that includes issues such as your need for increased daily operating cash, you wish to merge with or finance an acquisition, you have been unable to obtain inventory financing elsewhere, you are growing to quickly for traditional Canadian chartered banking financing, etc! We are pretty sure you get the picture now!The benefits to this type of business financing must by now be pretty obvious. It’s all about access to working capital financing and cash flow that you couldn’t access before. Assets that couldn’t be financed are now financeable, and inventory financing, previously limited or unavailable now looms on your growth horizon.Who are these asset based lenders, and what is the cost of this financing? We’ll leave that one for another day, but if you want to investigate asset based lines of credit for your firm ( remember, your competitor probably already has ) then speak to a trusted, credible, and experienced Canadian business financing advisor who will assist you with identifying benefits and the best solution for your current strained needs in business finance.
Entertainment – Source For Enjoyment in Your Life
As far as entertainment is concerned, there is no limit to it. Who doesn’t wants to enjoy life to the fullest? World Wide Web and its rich possibilities add to the possibilities of entertainment in abundance.Whether it is listening to music, or watching movies and music videos, there is a wide range of options available round-the-clock to be enjoyed.Various entertainment sources available online include:
Internet Radio: Today listening to radio is not just limited to listening to favorite songs but now one can also play games and quizzes and win lots of money. Internet radio has gained immense popularly over traditional AM/FM type of radio, and with this latest facility, you can even create your own radio station over the Internet. If you precisely browse through an Internet radio list, you will be amazed to find the amount of audio material available over the Internet now-a-days.Where through traditional radio, one can access to only a handful of radio stations, Internet radio provides you access to an amazing variety of programs. As Internet is not bound by any geographical restrictions, you can access to songs of any part of the world, no matter where you are living. Apart from that, you can listen to a live program or even listen to a pre-recorded piece upon demand.Internet radio is not only about music but also makes available news, talk shows and sports activities.MP3 songs: There are thousands of websites providing the facility of MP3 songs for the avid listeners including jazz songs, love songs and club songs or any type of music you are interested in. Not only you can listen to these songs but can also download them on your PC or upload them on your iPod.If you want to find out more latest and advanced entertainment options, you can refer to an entertainment directory or entertainment guide available both online and offline. Apart from suggesting you about the entertainment options, an entertainment directory or an entertainment guide will also inform you about the latest happenings in a particular city or state, how you can avail tickets of the event and where and when the event is taking place.
Email Marketing (List Building): Starting a Small Business Online
Starting a small business online is not as complicated as most people are meant to believe.In fact, the internet is an ocean of opportunities for all.Though your success is not guaranteed, at least there is a high chance of growing your venture if you get a few things right.The problem with most start-ups is the hunger for overnight success.Most successful businesses today were started by people who dared to dream and think big.If you have a passion for business, feel free to pursue it and you will make it.The ingredients to your success may vary, but it all starts with the nature and future plans of your business.To get started, build a mailing list for effective email marketing.No RestrictionsThere are no limitations and stringent requirements for starting a small business online.Under normal circumstances, you will be required to comply with a long list of government regulations, register the business, acquire a permit or license, have the business premise inspected and much more.This is however not the case with online businesses; you can get started in a few hours from the time you make up your mind that it is something you truly want to do.You are not restricted to any geographical area because you can target anyone in the world.In short, anyone is a prospect on the internet; the possibilities for your success are unlimited.It is upon you to exploit them.Identify a Niche Or Product You Are Passionate AboutBefore starting a small business online it is paramount that you identify a niche you are comfortable with.Ideally, go for something you have some passion for and not just because of the money.Successful businesses are built on a solid foundation of passion and love for what you do.Save yourself the hassle and find a product or a service you wouldn’t mind offering twenty years later.Think about Bill Gates and his passion for computers and software.See the passion Mark Zuckerberg shows whenever he talks about his toy project that has changed how the world interacts online, Facebook.How about the late Steve Jobs whose legacy will live with us forever with world-class Apple products.The Market AvailabilityOne of the most important areas you must consider before starting a small business online is the market availability.A simple Google search is enough to enable you understand what can really sell.There are many business ideas, but not all will live to see the following year.If there is demand for a service or product, seek to fill that gap and you will forever be in business.Website and MarketingYour website is your shop or office.Start by designing a website and filling it with content.This should be done long before the business is launched.A small investment is all you need to have a website designed and hosted.Thereafter, start exploring various internet marketing strategies like email marketing, social media marketing, article marketing and an array of other available avenues to announce your arrival.Finally, don’t get comfortable when you eventually start recording sales.The business has just started, have an expansion plan.Just because you are starting a small business doesn’t mean you have to remain small.Stay focused and keep growing your business until it can sustain itself with minimal upkeep from you.With the internet and email marketing you can automate your business and let the system work for you.Best wishes!
Making Life Easier – Personal Loans UK
Personal needs are those which we desire for and which gives us inner happiness when we achieve them. It is essential for us to cater these needs on time as putting them on hold can be an end to such desires. But most of the people in UK are not enough self sufficient financially. Their financial inability forces them to kill their desires. With personal loans UK you can serve such personal needs with ease.Personal loans UK are financial support you can apply for getting your wants satisfied. These loans are available in two flavors. First one is the secured personal loan UK which you can apply for by offering your property or any other valuable asset to the lender. The lender will serve you with the low interest rate and better repayment term as the loan is secured. The other way to get a personal loan in UK is unsecured personal loan, where you can get the financial support without any collateral. These loans ensure you faster approvals with reduced paper work. Both the forms have their pros and cons for various circumstances; it is up to you to decide, what suits you better.Personal loans UK can act as your financial partner for:o Debt consolidationo Business financingo Home improvemento Buying propertyo Purchasing car or boato Holidaying purposeo Financing wedding of childreno Education or health expensesYou should look for the following while applying for a personal loan in UK:o Your credit score – Will affect the interest rate which you may get. A bad credit score can create troubles for you in getting approval. You can get your credit score from credit rating agencies such as Experian, Equifax and Transunion.o Your income and repayment capacity – Never borrow amounts which you can’t afford to repay later.o Typical annual percentage rate (APR) – Find out the total interest which you have to pay on the loan amount and determine the APR i.e. how much the loan will cost you.o Penalty charges on early repayment – Lender charge penalty which generally equals the interest rate for two months. This takes place when you pay off the loan amount before the repayment period is over.o Hidden terms and charges – As the competition among the loan lenders is increasing, they are decreasing the interest rates, but… to cover up they are adding hidden charges which you need to take care of.o Genuineness of the lender – There are lot of frauds and loan sharks in the loan market, so it’s better to know the past history of the lender before signing any agreement with the loan lenders.Personal loan UK can easily be searched through internet by logging on to the websites of loan lenders. You can get free loan quotes which you can easily compare through online comparison tools. After choosing the loan deal which suits your circumstances the best, you can apply for a personal loan in UK by filling a simple application form. Personal loans UK can make your life comfortable by helping you succeed in realizing your dreams.
Free Low Rate Auto Loan Quotes
In today’s modern world a person’s car ends up being switched a lot more then you ever used to be in keeping things fresh tends to be a very important thing for people. This trend that has recently come about has only increased the demand of getting individuals a great deal on a best auto loan quote. This article plans to outline some good things that you should keep in mind when you go about trying to get yourself an inexpensive and best auto loan quote for the car that you do desire. One of the first things that you should fully understand is that it just like anything that requires a little bit negotiating in life that you should under no circumstances ever decide or agree to take the first offer that is given to you when you go about getting yourself a best auto loan quote.How to start the process of getting a good auto loan?Getting yourself a best auto loan quote is just like any other major financial purchase that you will ever make in your life time and is likely to second-most expensive financial purchase that you will ever make next to getting yourself a home so it is important for you to fully understand the entire process as well as to take great care in trying to get yourself the best possible deal on a best auto loan quote. This is and require that you go about doing all the proper research that is needed for you to get the best possible deal on your best auto loan quote by getting multiple car loan quotes before you decide to take one.Today’s world provides a ton of different competition that makes getting yourself a best auto loan quote very easy since most the financing companies are offering very competitive rates in order to stay ahead of their own competition. You can use this to your advantage and get yourself a best auto loan quote for the car that you desire so long as you do a little research and spend the time and energy to do it.Why dealerships are a bad idea.Now a car dealership that you walk into very well may offer you a car loan service, while if you happen to have good credit then you can probably get yourself a fairly decent deal this way, however, almost every single time you are going to find out the hard way that these car dealerships are looking to make the most possible money that they can offer you and are more than likely going to be offering you a much more expensive solution in order to line their pockets with more of your own hard earned money. Getting yourself a preapproval for best auto loan quote before you ever walk into a car dealership is the single most important thing you can do to save yourself a lot of money in one.This is because when you walk into a car dealership the preapproval noticing hand you are then considered what is known as a cash buyer and as a result of that you have a lot more bargaining power in you would normally have if you were to just walk into a car dealership off the street without knowing exactly which way is up. This is the reason as to why getting yourself a best auto loan quote before you ever go into a car dealership is the best possible thing that you can do to save the most possible money for your own financial situation as well as or a piece of mind.Do the research and get a great deal online.Make certain that you do not go about taking any additional add-ons are extras that they are trying to get you to take on your car if you do not truly need them as they will add onto the monthly payment that you must make on your best auto loan quote. As long as you remain focused and do all of the research that is necessary and you too will be able to get yourself a best auto loan quote in order for you to get the best possible deal on a car that you desire in a short amount of time.
S&P 500 Rallies As U.S. Dollar Pulls Back Towards Weekly Lows
Key Insights
The strong pullback in the U.S. dollar provided significant support to stocks.
Treasury yields have pulled back after touching new highs, which served as an additional positive catalyst for S&P 500.
A move above 3730 will push S&P 500 towards the resistance level at 3760.
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Pfizer Rallies After Announcing A Huge Price Hike For Its COVID-19 Vaccines
S&P 500 is currently trying to settle above 3730 as traders’ appetite for risk is growing. The U.S. dollar has recently gained strong downside momentum as the BoJ intervened to stop the rally in USD/JPY. Weaker U.S. dollar is bullish for stocks as it increases profits of multinational companies and makes U.S. equities cheaper for foreign investors.
The leading oil services company Schlumberger is up by 9% after beating analyst estimates on both earnings and revenue. Schlumberger’s peers Baker Hughes and Halliburton have also enjoyed strong support today.
Vaccine makers Pfizer and Moderna gained strong upside momentum after Pfizer announced that it will raise the price of its coronavirus vaccine to $110 – $130 per shot.
Biggest losers today include Verizon and Twitter. Verizon is down by 5% despite beating analyst estimates on both earnings and revenue. Subscriber numbers missed estimates, and traders pushed the stock to multi-year lows.
Twitter stock moved towards the $50 level as the U.S. may conduct a security review of Musk’s purchase of the company.
From a big picture point of view, today’s rebound is broad, and most market segments are moving higher. Treasury yields have started to move lower after testing new highs, providing additional support to S&P 500. It looks that some traders are ready to bet that Fed will be less hawkish than previously expected.
S&P 500 Tests Resistance At 3730
S&P 500 has recently managed to get above the 20 EMA and is trying to settle above the resistance at 3730. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge.
If S&P 500 manages to settle above 3730, it will head towards the next resistance level at 3760. A successful test of this level will push S&P 500 towards the next resistance at October highs at 3805. The 50 EMA is located in the nearby, so S&P 500 will likely face strong resistance above the 3800 level.
On the support side, the previous resistance at 3700 will likely serve as the first support level for S&P 500. In case S&P 500 declines below this level, it will move towards the next support level at 3675. A move below 3675 will push S&P 500 towards the support at 3640.
SPDN: An Inexpensive Way To Profit When The S&P 500 Falls
Summary
SPDN is not the largest or oldest way to short the S&P 500, but it’s a solid choice.
This ETF uses a variety of financial instruments to target a return opposite that of the S&P 500 Index.
SPDN’s 0.49% Expense Ratio is nearly half that of the larger, longer-tenured -1x Inverse S&P 500 ETF.
Details aside, the potential continuation of the equity bear market makes single-inverse ETFs an investment segment investor should be familiar with.
We rate SPDN a Strong Buy because we believe the risks of a continued bear market greatly outweigh the possibility of a quick return to a bull market.
Put a gear stick into R position, (Reverse).
Birdlkportfolio
By Rob Isbitts
Summary
The S&P 500 is in a bear market, and we don’t see a quick-fix. Many investors assume the only way to navigate a potentially long-term bear market is to hide in cash, day-trade or “just hang in there” while the bear takes their retirement nest egg.
The Direxion Daily S&P 500® Bear 1X ETF (NYSEARCA:SPDN) is one of a class of single-inverse ETFs that allow investors to profit from down moves in the stock market.
SPDN is an unleveraged, liquid, low-cost way to either try to hedge an equity portfolio, profit from a decline in the S&P 500, or both. We rate it a Strong Buy, given our concern about the intermediate-term outlook for the global equity market.
Strategy
SPDN keeps it simple. If the S&P 500 goes up by X%, it should go down by X%. The opposite is also expected.
Proprietary ETF Grades
Offense/Defense: Defense
Segment: Inverse Equity
Sub-Segment: Inverse S&P 500
Correlation (vs. S&P 500): Very High (inverse)
Expected Volatility (vs. S&P 500): Similar (but opposite)
Holding Analysis
SPDN does not rely on shorting individual stocks in the S&P 500. Instead, the managers typically use a combination of futures, swaps and other derivative instruments to create a portfolio that consistently aims to deliver the opposite of what the S&P 500 does.
Strengths
SPDN is a fairly “no-frills” way to do what many investors probably wished they could do during the first 9 months of 2022 and in past bear markets: find something that goes up when the “market” goes down. After all, bonds are not the answer they used to be, commodities like gold have, shall we say, lost their luster. And moving to cash creates the issue of making two correct timing decisions, when to get in and when to get out. SPDN and its single-inverse ETF brethren offer a liquid tool to use in a variety of ways, depending on what a particular investor wants to achieve.
Weaknesses
The weakness of any inverse ETF is that it does the opposite of what the market does, when the market goes up. So, even in bear markets when the broader market trend is down, sharp bear market rallies (or any rallies for that matter) in the S&P 500 will cause SPDN to drop as much as the market goes up.
Opportunities
While inverse ETFs have a reputation in some circles as nothing more than day-trading vehicles, our own experience with them is, pardon the pun, exactly the opposite! We encourage investors to try to better-understand single inverse ETFs like SPDN. While traders tend to gravitate to leveraged inverse ETFs (which actually are day-trading tools), we believe that in an extended bear market, SPDN and its ilk could be a game-saver for many portfolios.
Threats
SPDN and most other single inverse ETFs are vulnerable to a sustained rise in the price of the index it aims to deliver the inverse of. But that threat of loss in a rising market means that when an investor considers SPDN, they should also have a game plan for how and when they will deploy this unique portfolio weapon.
Proprietary Technical Ratings
Short-Term Rating (next 3 months): Strong Buy
Long-Term Rating (next 12 months): Buy
Conclusions
ETF Quality Opinion
SPDN does what it aims to do, and has done so for over 6 years now. For a while, it was largely-ignored, given the existence of a similar ETF that has been around much longer. But the more tenured SPDN has become, the more attractive it looks as an alternative.
ETF Investment Opinion
SPDN is rated Strong Buy because the S&P 500 continues to look as vulnerable to further decline. And, while the market bottomed in mid-June, rallied, then waffled since that time, our proprietary macro market indicators all point to much greater risk of a major decline from this level than a fast return to bull market glory. Thus, SPDN is at best a way to exploit and attack the bear, and at worst a hedge on an otherwise equity-laden portfolio.
S&P 500 Biotech Giant Vertex Leads 5 Stocks Showing Strength
Your stocks to watch for the week ahead are Cheniere Energy (LNG), S&P 500 biotech giant Vertex Pharmaceuticals (VRTX), Cardinal Health (CAH), Steel Dynamics (STLD) and Genuine Parts (GPC).
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While the market remains in correction, with analysts and investors wary of an economic downturn, these five stocks are worth adding to watchlists. S&P 500 medical giants Vertex and Cardinal Health have been holding up, as health-care related plays tend to do well in down markets.
Steel Dynamics and Genuine Parts are both coming off strong earnings as both the steel and auto parts industries report optimistic outlooks. Meanwhile, Cheniere Energy saw sales boom in the second quarter as demand in Europe for natural gas continues to grow.
Major indexes have been making rally attempts with the Dow Jones and S&P 500 testing weekly support on Friday. With market uncertainty, investors should be ready for follow-through day breakouts and keep an eye on these stocks.
Cheniere Energy, Cardinal Health and VRTX stock are all on IBD Leaderboard.
Cheniere Energy Stock
LNG shares rose 1.1% to 175.79 during Friday’s market trading. On the week, the stock advanced 3.1%, not from highs, bouncing from its 21-day and 10-week lines earlier in the week.
Cheniere Energy has been consolidating since mid-September, but needs another week to forge a proper base, with a potential 182.72 buy point formed on Aug. 10.
Houston-based Cheniere Energy was IBD Stock Of The Day on Thursday, as the largest U.S. producer of liquefied natural gas eyes strong demand in Europe.
Even though natural gas prices are plunging in the U.S. and Europe, investors still see strong LNG demand for Cheniere and others.
The U.K. government confirmed last week that it is in talks for an LNG purchase agreement with a number of companies, including Cheniere.
In the first half of 2021, less than 40% of Cheniere’s cargoes of LNG landed in Europe. That jumped to more than 70% through this year’s second quarter, even as the company ramped up new export capacity. The urgency of Europe’s natural gas shortage only intensified last month. That is when an explosion disabled the Nord Stream 1 pipeline from Russia that had once supplied 40% of the European Union’s natural gas.
In Q2, sales increased 165% to $8 billion and LNG earned $2.90 per share, up from a net loss of $1.30 per share in Q2 2021. The company will report Q3 earnings Nov. 3, with investors seeing booming profits for the next few quarters.
Cheniere Energy has a Composite Rating of 84. It has a 98 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share price movement with a 1 to 99 score. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 41.
Vertex Stock
VRTX stock jumped 3.4% to 300 on Friday, rebounding from a test of its 50-day moving average. Shares climbed 2.2% for the week. Vertex stock has formed a tight flat base with an official buy point of 306.05, according to MarketSmith analysis.
The stock has remained consistent over recent weeks, while the relative strength line has trended higher. The RS line tracks a stock’s performance vs. the S&P 500 index.
Vertex Q3 earnings are on due Oct. 27. Analysts see EPS edging up 1% to $3.61 per share with sales increasing 16% to $2.2 billion, according to FactSet.
The Boston-based global biotech company dominates the cystic fibrosis treatment market. Vertex also has other products in late-stage clinical development that target sickle cell disease, Type 1 diabetes and certain genetically caused kidney diseases. That includes a gene-editing partnership with Crispr Therapeutics (CRSP).
In early August, Vertex reported better-than-expected second-quarter results and raised full-year sales targets.
S&P 500 stock Vertex ranks second in the Medical-Biomed/Biotech industry group. VRTX has a 99 Composite Rating. Its Relative Strength Rating is 94 and its EPS Rating is 99.
CRISPR Stocks: Will Concerns Over Risk Inhibit Gene-Editing Cures?
Cardinal Health Stock
CAH stock advanced 3.2% to 73.03 Friday, clearing a 71.22 buy point from a shallow cup-with-handle base and hitting a record high. But volume was light on the breakout. CAH stock leapt 7.3% for the week.
Cardinal Health stock’s relative strength line has also been trending up for months.
The cup-with-handle base is part of a base-on-base pattern, forming just above a cup base cleared on Aug. 11.
Cardinal Health, based in Dublin, Ohio, offers a wide assortment of health care services and medical supplies to hospitals, labs, pharmacies and long-term care facilities. The company reports that it serves around 90% of hospitals and 60,000 pharmacies in the U.S.
S&P 500 stock Cardinal Health will report Q1 2023 earnings on Nov. 4. Analysts forecast earnings falling 26% to 96 cents per share. Sales are expected to increase 10% to $48.3 billion, according to FactSet.
Cardinal Health stock ranks first in the Medical-Wholesale Drug/Supplies industry group, ahead of McKesson (MCK), which is also showing positive action. CAH stock has a 94 Composite Rating out of 99. It has a 97 Relative Strength Rating and an EPS rating of 73.
Steel Dynamics Stock
STLD shares shot up 8.5% to 92.92 on Friday and soared 19% on the week, coming off a Steel Dynamics earnings beat Wednesday night.
Shares blasted above an 88.72 consolidation buy point Friday after clearing a trendline Thursday. STLD stock is 17% above its 50-day line, definitely extended from that key average.
Steel Dynamics’ latest consolidation could be seen as part of a larger base going back six months.
Steel Dynamics topped Q3 earnings views with EPS rising 10% to $5.46 while revenue grew 11% to $5.65 billion. The steel producer’s outlook is optimistic despite weaker flat rolled steel pricing. STLD reports its order activity and backlogs remain solid.
The Fort Wayne, Indiana-based company is among the largest producers of carbon steel products in the U.S. It engages in metal recycling operations along with steel fabrication and produces myriad steel products.
How Millett Grew Steel Dynamics From A Three Employee Business
STLD stock ranks first in the Steel-Producers industry group. STLD stock has a 96 Composite Rating out of 99. It has a 90 Relative Strength Rating, an exclusive IBD Stock Checkup gauge for share-price movement that tops at 99. The rating shows how a stock’s performance over the last 52 weeks holds up against all the other stocks in IBD’s database. The EPS rating is 98.
Genuine Parts Stock
GPC stock gained 2.8% to 162.35 Friday after the company topped earnings views with its Q3 results on Thursday. For the week GPC advanced 5.1% as the stock held its 50-day line and is in a flat base.
GPC has an official 165.09 flat-base buy point after a three-week rally, according to MarketSmith analysis.
The relative strength line for Genuine Parts stock has rallied sharply to highs over the past several months.
On Thursday, the Atlanta-based auto parts company raised its full-year guidance on growth across its automotive and industrial sales.
Genuine Parts earnings per share advanced 19% to $2.23 and revenue grew 18% to $5.675 billion in Q3. GPC’s full-year guidance is now calling for EPS of $8.05-$8.15, up from $7.80-$7.95. The company now forecasts revenue growth of 15%-16%, up from the earlier 12%-14%.
During the Covid pandemic, supply chain constraints caused a major upheaval in the auto industry, sending prices for new and used cars to record levels. This has made consumers more likely to hang on to their existing vehicles for longer, driving mileage higher and boosting demand for auto replacement parts.
Fellow auto stocks O’Reilly Auto Parts (ORLY) and AutoZone (AZO) have also rallied near buy points amid the struggling market. O’Reilly reports on Oct. 26.
IBD ranks Genuine Parts first in the Retail/Wholesale-Auto Parts industry group. GPC stock has a 96 Composite Rating. Its Relative Strength Rating is 94 and it has an EPS Rating of 89.