Is Online Education the Right Choice for You?

Online education has gained a lot of popularity in the world in recent years and has been known to provide enhancements to face-to-face learning systems.Online learning programmes can help you find multiple advantages that you cannot get even through on campus learning. A web based education course is sometimes less expensive and much more flexible than an on campus course. It can enable students to get a degree right from their home with the same quality of education you get from traditional on campus colleges.Take a look at a few things to see whether an online education is right for you or not.· A student’s job opportunity increases as they go for higher education. This means better salaries, more job offers from big companies and more opportunities for organizational growth. A student will have to research to see what kind of degree he would like to pursue and whether it is available through online course or not before deciding on online learning programmes.· The quality of a traditional brick and mortar classroom and a virtual classroom is the same. You follow the same course subjects and finish it in the same time length, so don’t believe people who think online learning is a waste of time.· Most students prefer online education because they do not have to travel miles to reach the academic venue; rather you can access the virtual classroom through your computer. The time not spent in travelling can be utilized in learning.· Before selecting an online college from a myriad of virtual platforms on the internet, check the credibility and experience of your online institute. Enroll in those online education programmes that are accredited and can increase your resume’s value.· Before making the decision to join a college, make sure that the university meets all of your requirements, be it the budget, location, courses and subjects, and even accreditation. Make sure that the university you sign up in provides the best option for you and can help you get training to advance in your chosen line of career.· Before starting your online classes, take out the time to familiarize yourselves with your university’s learning management system (LMS) and exactly how it works. Also brush up on your basic computer skills like spreadsheets and presentation slide creation. Since you will be spending most of the time on the internet when taking your class, ensure that you have a fast and reliable internet connection.

Obama’s Custom Social Network

The recent years have seen a lot of entrepreneurs moving to online platforms to grow their business. Specifically, by using social media websites to establish a profile and brand for their company online. The importance of using social networking sites has become apparent to business owners, but unfortunately a lot of bad advice is out there on how to grow a custom social network.I’ve spent five years studying and participating in social networking websites, and can tell you that most of the “new” advice out there on social media marketing is wrong! In fact, “experts” are having you chase around things that can have little growth affect on your business. So what’s the key to social media success? To use social networking websites to build and foster a community!One of the most important justifications I’ve ever seen behind this was with Barack Obama’s 2008 political campaign. The election was the first to massively use social networking sites to connect with people. No matter what your political views are, his case is a case worth studying when trying to figure out how to launch your social networking campaign.His campaign leaders recognized the importance of social networking (which later polls would show was one of the key reasons he won) early on in the election. They went out and actually hired one of Facebook’s co-founders, Chris Hughes, to run the online portion of their campaign. Now remember, we are dealing with a people who had millions of advertising dollars at hand, and almost unlimited resources and technology to reach out to people. Hughes, however, knew what Facebook (and all social networking sites) was designed for and launched a different campaign idea.His main focus was to build a strong social community around Obama. He set up the main website for Obama as its own custom social network, allowing people to register and design profiles based around the candidate, and to invite their friends to participate. Hughes knew the importance of viral marketing, and the importance of giving people the controlled power to promote their thoughts and ideas (centered on the candidate’s ideas). Hughes made sure that all of Obama’s Facebook, Twitter, pod casts, and other social media forums reflected the same goal, to build an online community for the offline election.Now, Hughes did use paid advertising on Facebook, but only after the initial community had been set up. The secret to Barack Obama’s online success was through building an online community around his ideas and campaigns. Hughes knew that social networking websites were designed for people to interact in online communities, and structured Obama’s presence accordingly. When you build a community around your business, you’re giving people the power to do all the work for you, like in Obama’s case.As Obama’s campaign ended, Chris Hughes came forward with the numbers he generated for the campaign. The users on his website had created more than 2 million profiles, partook in the planning of over 200,000 offline events, formed 35,000 separate groups, posted nearly 400,000 blogs, and raised $30 million on 70,000 personal fund raising pages.Instead of trying to sell to the community that is already online looking for your product or service, you need to become a part of that community, as the expert (or a expert) in your niche. Once you have established a community around your business, you will be able to grow (and sell) your business in ways that people only imagined before.-Jerry Nihen

Commentary: Current Education Tramples the Mind

INTRODUCTION:Not a day goes by there is not an article in our local paper on our local Public School System. If it is not a cry for more money, it is complaints over poor attendance, or that many local teachers are not fully qualified. While some schools are being “demoted,” others are being “promoted.” First, one thing and then another. Obviously, there is something amiss in our current approach to educating our children.Other articles in the local newspaper carry reports of the increased interests and energies being expended by the “little” people to end the imminent threat of our own government by the increasing invasion of our private rights in the name of protecting the people from inside terrorism. People are grouping at the grass roots level to petition their respective government representative, the President and members of Congress, to end these daily threats to our lives. They are sick to the bone of living in daily fear of imminently undermining the guarantees of our Constitution. We need to adhere to Franklin D. Roosevelt’s, Four Freedoms: Speech, Worship, Want and Fear.With all of this bombarding our brains, consider “holistically” the relationship of education to the many efforts of a given society to prepare its young for adult responsibilities; responsibilities of learning to control our own individual natures as well as contributing to the future of human evolution. Apparently, nearly all the fuss over our imminent demise is being conducted by adults in whom we’ve given our trust to govern and lead us. Obviously, something is wrong with this world’s political and educational systems.DISCUSSION:Some minor research will tell us that the word, “education,” derives from the joining of the Latin, “e”, meaning “out,” with the Latin word, “‘duco,” meaning to “lead” or “take out from.” Simply, it means to draw out of the pupil the inherent wisdom that lies within him or her. This word, education, has many implications given a little thought. One such implication is that the newborn brings into this world from previous incarnations a past history of acquired experiences and knowledge of the true value of things. The trouble is most educators and parental caregivers are ignorant of this fact. The newborn is flooded by the events of its immediate environment from the very moment of birth and forwards; as it grows it forgets to remember what it already knows! More people the world over believe in reincarnation than those who do not; mostly those seeped in the Judeo-Christian ideals.When formal education begins, the pupil is bombarded with facts and figures that are supposed to be memorized. And all these things being taught to the pupil are things to be grasped by the senses and are restricted to an empirically material and concrete world of so-called knowledge, whereas it is the world of Meaning that needs stressing.The current methods of education markedly contrast with a true “educational process,” as these words were originally intended. The existent model is more of a “putting into” than one of self-discovery. The students are being inculcated (from inculcare= to stamp into, or tread upon) with a body of pre-determined and quite mundane information of questionable validity, especially for the bringing into existence of a new “world order,” which the new Aquarian Age promises us. Such a new world order needs to be one based upon the ideals of world peace and the consistent application of goodwill, altruism and true brotherhood by each individual to every other individual upon this earth.The educational process must begin with an honorable and purposeful goal. It must go beyond the mere imparting of facts to be remembered to one of searching inwardly for the true meaning and causes behind the facts, which eventually should lead one to look within the self for such meaning. One anonymous educator has expressed it thusly: “Education can be an adventurous quest for the meaning of life, involving an ability to think things through.” (Emphasis added).The goal of education should be to promote the full self-realization and potential of every student; to encourage the goal of the person’s ultimate relationship with the universe, as stressed by Abe Maslow; that noted psychologist who died before his time. Self-centeredness must be transcended so the person develops a realization of his position relative to the whole of existence. To properly teach is to draw out of every student the potential wisdom which he or she inherently possesses. Teachers, conditioned by their own inculcated experiences need to be helped (but by whom?) to realize and accept the fact that the child, every child, has a body of universal wisdom at the core of its being, as they themselves do, waiting to “inform” the student who can be helped to make contact with this accumulated body of eternal truths which will vary with each student.EAST AND WEST NEED UNITING:The need in today’s world is to combine the ancient wisdom and spiritual concepts of the East with the intellectual know-how of the West. These two in combination will eventually bring to humanity the needed spiritual love-wisdom for the solving of all human problems.THE NEED FOR PSYCHOLOGICAL REHABILILTATION:Psychological rehabilitation essentially means bringing the individual personality into line with the evolutionary pattern of the Soul; the “God Within.”Every nation as well as each individual has its own Soul or individual psyche which demonstrates as its character or culture. Historical facts and the past conditions of every individual and nation have determined its current relationships; there is a consistent nationalism or selfishness when what is needed is for education to teach the student the need to take self-responsibility, and to grasp the need for a selfless international participation. Every student needs to give serious consideration to his or her “place in the universe.” Every individual and every nation needs to solve its own personality problems, which are mostly self-generated. And behind all human endeavors are a psychological motive and goal. Anyone who can “think truth,” can help to shape public opinion. Educators should be in the vanguard of such “truth thinking.”In the historical East, education was limited to a few outstanding individuals who showed their potential for a deeper understanding of the purpose of all existence while the masses were ignored. This was also true in the West up until rather recently in our history when education was legally required for the masses. Since that time the goal has been to bring every student to a defined standard by which the educational process would supposedly be “fair to all.” Every individual is different, and wise teachers should be sensitive, understanding and attuned to the wide differences of each child under their tutelage. Remember, teachers and caregivers of every description cannot teach their “charges,” what they themselves do not know.In the future when the psychology of the western world catches up to the Esoteric Psychology of the historical East, the universal Law of Birth and Rebirth will be accepted. Such a needed psychology has been in the public domain for over seventy-five years. (See, Esoteric Psychology, Volumes I and II, Alice A. Bailey, Lucis Press, Publishing House of World Good Will Organization, N.Y., London and Geneva, 1937 and 1941.) In these volumes the human Soul and the chakras and the “etheric envelope” through which we distribute our individual energies are discussed in detail; none of which western psychology or education has yet discovered, although there is a dire an desperate need to do so. How can psychology or education teach a human entity when it does not understand the true nature of the “Constitution of Man.” (See, A Textbook of Theosophy, Ch. V, International Theosophical Publishing House, Madras,(now Chennai), Adyar, India, 1927.)In the East reincarnation, which along with karma, the Law of Retribution, or the Law of Cause and Effect, has been readily accepted and applied to each individual student. “What so ever ye sow, so shall you reap,” Saint Paul tells us. We are each on our own previously earned position on the evolutionary arc (back to the House of the Father), and we each have a Soul Age, which must be discovered and accepted by the wise educator. Our soul age determines our readiness for exposure to the world of meaning; the world of Causes behind the world of Effects. Not only should “advanced” students be given special consideration and culturing, the masses should also be exposed to the spiritual idea that our materialistic world is one of Effects; a mere reflection of a higher world of Truth, Beauty and Reality. Religion is not an issue to be considered here. (See, Education In Light of Theosophy, by Annie Besant, Ibid, 1912.)EVOLUTION IS A CONTINUOUS EXPANSION OF CONSCIOUSNESS:The only difference between an earlier world savage and a Savior, like our Christ, is one of an expansion of consciousness. Like the f-stop on a camera the more open the slit the more light comes in. From the Instinct of the savage, we are now at the more advanced human stage of the Intellect. The next expansion of consciousness leads us to Intuition, or Pure Reasoning and Direct Knowledge, which should be the goal of all modern education. All symbolic, indirect knowledge is merely the interpretations of so-called authority figures, and that based upon their own prior educations. (See, From Intellect To Intuition, Alice A. Bailey, Lucis Publishing Company, World Goodwill, N.Y. 1932.)Intuition develops when our consciousness is not hindered or limited by facts of questionable importance, or restricted by a world of sensory empiricism. Truth can never be discovered by a mind imprisoned in a world of Materialism. The pupil must be left free to expand his or her consciousness without interference from anything or anyone outside the inner self of the pupil. There is in truth a Real world behind this limited world we refer to as the materialistic and physical world. It is the goal of every human entity to discover that inner world for him or herself since Truth cannot be communicated; only Self-discovered. The true purpose of education should be to support that effort.CHILDREN GROW FROM WITHIN OUTWARD:Let us take an example from the vegetable kingdom. A plant grows from a seed; it grows from within outwardly when exposed to the proper environment. Every child grows and develops internally, from within outwardly just as a plant does. That is, if given the proper environmental “nutrients.” Education is one of the major “nutrients” for that growth, or at least should be. Correct understanding of the child, a loving attitude and an encouraging environment by the parents are yet other major “nutrients” for the proper blooming of the inner child seed. What incarnates from one life to another is an “Egoic Seed” which needs encouragement and a nutritional environment to flourish and bloom.It goes without saying that correct education proceeds by way of the human mind; an expansion of consciousness. But it is not the relative contents of the educational materials as absorbed by the mind, no matter how stimulating, which should concern educators. It is rather the very process of thinking itself that requires their rapt attention. (See, The Use and Power of Thought, by C.W. Leadbeater, TS, Ibid, 1911.)It needs to be remembered that to inculcate is to trample on the minds of the young with information of relative value, thus keeping buried the very essential truths of life so needed for the living of a peaceful and harmonious existence with one’s fellow beings. There is a real issue here which educators should consider: from whence comes the most reliable and trustworthy knowledge needed to guide humanity toward its ultimate realization? Remember, teachers cannot teach something they do not know themselves. It should also be remembered that it was the East and not the West which has given to humanity all of its outstanding Avatars for Humanity: the Buddha, Zoroaster, Sri Krishna, the Christ, and others. These earlier Eastern founders of our world religions, the Teachers of our human race and their spiritual concepts, reincarnation and karma among others, have remained with humanity for thousands of years whereas the teachings of the West are forever changing and are restricting, limiting, unstable and temporary. Real Truth is immutable, permanent and everlasting. Western concepts limited to a materialistic world are ephemeral, transitory, mutable and restricted to a world conceived of by our empirical senses. Modern western society generally speaking has no idea of the Truth of Life, or the spiritual meaning behind human existence. How many have honestly tried to turn inward and discover their true Being; their spiritual origins? The inner discovery of eternal Truths, Spiritual Truths, should be the ideal of all educators; not only for themselves but for every pupil. The first step to discovering Truth begins with these questions: Who am I, and what is the meaning of Life?The most appealing answer discovered comes from the injunction of theDelphi Oracle: Man, Know Thyself! (Greek=Gnothe Seauton). This implies, of course, an inwardly directed search for a guiding wisdom; one arising from a source deep within the creative wellspring of the individual seeker.CONCLUSION:In conclusion, altruism, universal Brotherhood, peace and goodwill toward others, are internal spiritual ideas stemming from the inherent wisdom amassed through the countless trials and tribulations undergone by the whole of humanity throughout the eons of time. Each individual, searching deep within the self, striving diligently and persistently to truly know thyself will come to discover the same unerring truth. We are all parts of a larger spiritual Whole. There is only one humanity, one Life, one Universal Mind consciousness. We are inseparable and the ideal of separateness held by the western world is perhaps the greatest illusion humanity has imposed upon itself. This one idea has led to more “Inhumanity to man,” continual warfare, and more human misery than any of the many other false ideals humanity as a whole entertains.To behave cruelly toward any portion of the whole is to injure oneself. Our choice regarding peace is quite simple. We survive as one humanity or we destroy the whole. Now, the question is, Why does it take most would-be authority figures so long to discover this fact? Could it perhaps have something to do with the way they were educated- by INCULCATION?The End

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.

Shoe Repairs And Several Other Things When I Was 7

Shoe Repairs And Several Other Things When I Was 7
My Dad repaired most of our shoes believe it or not, I can hardly believe it myself now. With 7 pairs of shoes always needing repairs I think he was quite clever to learn how to “Keep us in shoe Leather” to coin a phrase!

He bought several different sizes of cast iron cobbler’s “lasts”. Last, the old English “Laest” meaning footprint. Lasts were holding devices shaped like a human foot. I have no idea where he would have bought the shoe leather. Only that it was a beautiful creamy, shiny colour and the smell was lovely.

But I do remember our shoes turned upside down on and fitted into these lasts, my Dad cutting the leather around the shape of the shoe, and then hammering nails, into the leather shape. Sometimes we’d feel one or 2 of those nails poking through the insides of our shoes, but our dad always fixed it.

Hiking and Swimming Galas
Dad was a very outdoorsy type, unlike my mother, who was probably too busy indoors. She also enjoyed the peace and quiet when he took us off for the day!

Anyway, he often took us hiking in the mountains where we’d have a picnic of sandwiches and flasks of tea. And more often than not we went by steam train.

We loved poking our heads out of the window until our eyes hurt like mad from a blast of soot blowing back from the engine. But sore, bloodshot eyes never dampened our enthusiasm.

Dad was an avid swimmer and water polo player, and he used to take us to swimming galas, as they were called back then. He often took part in these galas. And again we always travelled by steam train.

Rowing Over To Ireland’s Eye
That’s what we did back then, we had to go by rowboat, the only way to get to Ireland’s eye, which is 15 minutes from mainland Howth. From there we could see Malahide, Lambay Island and Howth Head of course. These days you can take a Round Trip Cruise on a small cruise ship!

But we thoroughly enjoyed rowing and once there we couldn’t wait to climb the rocks, and have a swim. We picnicked and watched the friendly seals doing their thing and showing off.

Not to mention all kinds of birdlife including the Puffin.The Martello Tower was also interesting but a bit dangerous to attempt entering. I’m getting lost in the past as I write, and have to drag myself back to the present.

Fun Outings with The camera Club
Dad was also a very keen amateur photographer, and was a member of a camera Club. There were many Sunday photography outings and along with us came other kids of the members of the club.

And we always had great fun while the adults busied themselves taking photos of everything and anything, it seemed to us. Dad was so serious about his photography that he set up a dark room where he developed and printed his photographs.

All black and white at the time. He and his camera club entered many of their favourites in exhibitions throughout Europe. I’m quite proud to say that many cups and medals were won by Dad. They have been shared amongst all his grandchildren which I find quite special.

He liked taking portraits of us kids too, mostly when we were in a state of untidiness, usually during play. Dad always preferred the natural look of messy hair and clothes in the photos of his children.

US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.

Alternative Financing Vs. Venture Capital: Which Option Is Best for Boosting Working Capital?

There are several potential financing options available to cash-strapped businesses that need a healthy dose of working capital. A bank loan or line of credit is often the first option that owners think of – and for businesses that qualify, this may be the best option.

In today’s uncertain business, economic and regulatory environment, qualifying for a bank loan can be difficult – especially for start-up companies and those that have experienced any type of financial difficulty. Sometimes, owners of businesses that don’t qualify for a bank loan decide that seeking venture capital or bringing on equity investors are other viable options.

But are they really? While there are some potential benefits to bringing venture capital and so-called “angel” investors into your business, there are drawbacks as well. Unfortunately, owners sometimes don’t think about these drawbacks until the ink has dried on a contract with a venture capitalist or angel investor – and it’s too late to back out of the deal.

Different Types of Financing

One problem with bringing in equity investors to help provide a working capital boost is that working capital and equity are really two different types of financing.

Working capital – or the money that is used to pay business expenses incurred during the time lag until cash from sales (or accounts receivable) is collected – is short-term in nature, so it should be financed via a short-term financing tool. Equity, however, should generally be used to finance rapid growth, business expansion, acquisitions or the purchase of long-term assets, which are defined as assets that are repaid over more than one 12-month business cycle.

But the biggest drawback to bringing equity investors into your business is a potential loss of control. When you sell equity (or shares) in your business to venture capitalists or angels, you are giving up a percentage of ownership in your business, and you may be doing so at an inopportune time. With this dilution of ownership most often comes a loss of control over some or all of the most important business decisions that must be made.

Sometimes, owners are enticed to sell equity by the fact that there is little (if any) out-of-pocket expense. Unlike debt financing, you don’t usually pay interest with equity financing. The equity investor gains its return via the ownership stake gained in your business. But the long-term “cost” of selling equity is always much higher than the short-term cost of debt, in terms of both actual cash cost as well as soft costs like the loss of control and stewardship of your company and the potential future value of the ownership shares that are sold.

Alternative Financing Solutions

But what if your business needs working capital and you don’t qualify for a bank loan or line of credit? Alternative financing solutions are often appropriate for injecting working capital into businesses in this situation. Three of the most common types of alternative financing used by such businesses are:

1. Full-Service Factoring – Businesses sell outstanding accounts receivable on an ongoing basis to a commercial finance (or factoring) company at a discount. The factoring company then manages the receivable until it is paid. Factoring is a well-established and accepted method of temporary alternative finance that is especially well-suited for rapidly growing companies and those with customer concentrations.

2. Accounts Receivable (A/R) Financing – A/R financing is an ideal solution for companies that are not yet bankable but have a stable financial condition and a more diverse customer base. Here, the business provides details on all accounts receivable and pledges those assets as collateral. The proceeds of those receivables are sent to a lockbox while the finance company calculates a borrowing base to determine the amount the company can borrow. When the borrower needs money, it makes an advance request and the finance company advances money using a percentage of the accounts receivable.

3. Asset-Based Lending (ABL) – This is a credit facility secured by all of a company’s assets, which may include A/R, equipment and inventory. Unlike with factoring, the business continues to manage and collect its own receivables and submits collateral reports on an ongoing basis to the finance company, which will review and periodically audit the reports.

In addition to providing working capital and enabling owners to maintain business control, alternative financing may provide other benefits as well:

It’s easy to determine the exact cost of financing and obtain an increase.
Professional collateral management can be included depending on the facility type and the lender.
Real-time, online interactive reporting is often available.
It may provide the business with access to more capital.
It’s flexible – financing ebbs and flows with the business’ needs.
It’s important to note that there are some circumstances in which equity is a viable and attractive financing solution. This is especially true in cases of business expansion and acquisition and new product launches – these are capital needs that are not generally well suited to debt financing. However, equity is not usually the appropriate financing solution to solve a working capital problem or help plug a cash-flow gap.

A Precious Commodity

Remember that business equity is a precious commodity that should only be considered under the right circumstances and at the right time. When equity financing is sought, ideally this should be done at a time when the company has good growth prospects and a significant cash need for this growth. Ideally, majority ownership (and thus, absolute control) should remain with the company founder(s).

Alternative financing solutions like factoring, A/R financing and ABL can provide the working capital boost many cash-strapped businesses that don’t qualify for bank financing need – without diluting ownership and possibly giving up business control at an inopportune time for the owner. If and when these companies become bankable later, it’s often an easy transition to a traditional bank line of credit. Your banker may be able to refer you to a commercial finance company that can offer the right type of alternative financing solution for your particular situation.

Taking the time to understand all the different financing options available to your business, and the pros and cons of each, is the best way to make sure you choose the best option for your business. The use of alternative financing can help your company grow without diluting your ownership. After all, it’s your business – shouldn’t you keep as much of it as possible?

Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding

Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.

Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.

Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.

Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )

How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:

Debt / Loans

Asset Based Financing

Alternative Hybrid type solutions

Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas

If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).

Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.

The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.

Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.

We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.

Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.

If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.