In spite of the global melt down and the economic crisis facing many an industry, there is one industry that is still thriving. The travel industry. Recession or no recession, people have to travel and they do. Not only domestically but also internationally. Not only for personal purposes but also for business and for tourism also. We can almost say that the stress of the economic depression is making people travel and relax!There is a saying that goes: “One man’s meat is another man’s poison”. And, on the same analogy, one individual’s idea of relaxation might be a villa in the South of France overlooking the beach and the sea, surrounded by “Abigails and Andrews” whereas that of another may be a tent in a remote spot on the same beach.Just like in housing, where houses are being foreclosed and going for a song and it is a “buyers market”, the travel business is also on cloud nine and the offers for a memorable vacation in some of the exotic places on the planet surround the potential traveler. Travel agents the world over are trying their best to get people to travel. It is now time to take advantage of these offers and have a rollicking holiday in a new place.But do you choose a place and do your budget or do you do your budget and choose a destination. The second is the wiser course as the first may turn out to be unaffordable. But there are such o lot of offers that you can even choose a place and then do your budget. Just see to it that it does not get you in the red, financially.Once you have made up your mind to go somewhere for a vacation, immediately a number of questions popup. Is your passport current? What are the places that you are going to visit at your destination? What kind of accommodation are you going to live in? An independent house, a condo or a hotel room? What about transportation? You have to choose a location that is fairly easily accessible from the place of your stay. Try finding a resort that has its own transportation to the local attractions.These are only some of the factors that you have to consider before setting out on your dream vacation. But whatever maybe, this is the ideal time for you to take that ideal vacation and make use the travel deals on offer.

If you are thinking about the payday loans, you must have been facing certain questions. However, it is best to find the answers for them. After all, it is wise to look before you leap. Hence just go through the following lines.Q1. Why should you appeal for the payday loans?You should apply for the loan if you need money very ardently. If you are thinking about buying something that can be done later or looking at money whose interest may take away all the money of your next month’s salary without any particular necessity, payday loan is not the ideal solution for you. Otherwise, you can, rather should go for the loan.Q2. For how long you need the cash advance?Basically these payday cash advances are meant for the short term. They act as a bridge between the two paydays. So, if you are thinking to pay the loan at a later stage, the payday loan is not ideal for you. However, you can extend the day of the payment for months. But, in the mean time, you have to keep on paying the interest of the loan for every month. Since the interest in the payday loan is higher, that will not be a healthy idea.Q3. What amount should you borrow?Here, the payday advance loan does not give you too much of options. Normally, you can get an amount starting from £80 to £800. However, the maximum amount may come down if your income is not sufficient. Naturally, if you don’t fulfill this criterion to avail the money, you have to think about the other options.Q4. What are the criterions for a payday loan?You should be more than 18 years of age. You must have a full time job. Again you must have a bank account and a debit card for it. Of course, you should be a citizen of the UK. Naturally, the payday loan is not available to you if you are a student or have lost your job. Therefore, you have to look for other means to avail the money then.Q5. How is the wages paid?The debit card is crucial here. Most of the companies will ask you to transfer your wages directly on to the account that has the debit card. So, you won’t get the money if you are paid through cash or check.Q6. Can you delay the payment?This is certainly a poor idea. So, it is better to consider the other loan options if you think that you can not make the payment within time.Q7. What are the different processes available for the payday loans?Frankly, there are plenty of them. Some of them will ask you to submit detail documents. Naturally, they will take time to dispatch the money. Then, there are companies that offer fast cash advance. They are relatively hassle-free and you will also get the money quickly. No fax payday loan is also a good option if you have a good credit history.Q8. What is the cost of the payday loans?Generally, the companies charge a 25% interest on the money that you borrow. So, it is important to calculate the amount of interest on the money that you are going to lend.Q9. Can the situation go out of control?If you have already quite a few loans, then yes. So, it is advisable to avoid the payday loan in such situations.Q10. Is it the best option?The conclusion to this question can be drawn only after you make a thorough survey of other options. So, start doing that now.

There is a wise saying that goes “The grass is always greener on the other side”. How true is this saying? We often fight feelings of jealously when we see at our neighbor’s garden looking prettier than ours. In order to keep up appearances, you have bought and used garden fertilizers, manures, watered your garden daily but your garden still looks the same. If this is your story, do not get discouraged because ‘where there is a will there is always a way’.In this article, I will share with you nine cost-effective tips that will make your garden the envy of town. You garden will attract different species of butterflies, squirrels and rare birds.The first thing is to research on gardening. You don’t need to spend a fortune buying gardening books; you can get a lot of gardening information on the internet. Use the information gathered, to prepare a tentative budget.Secondly, cultivate your garden and uproot all the dead leaves, weeds, dandelions, moss e.t.c. If you are using a weed killer make sure it is not the strong kind because it will end up damaging the tender seedlings that you will plant in your garden.Thirdly, once your garden is properly cultivated, plant seedlings and deposit fertilizer on them. Planting seedlings as opposed to fully grown plants is much more affordable and cost-effective. Ensure the fertilizer you purchase has nitrogen because it’s a weed killer. The fertilizer should be applied at least four times in the year. This effort will make your garden grow without interferences from pests and rodents.Fourthly, water your seedlings daily with a hose pipe. It’s advisable to water the garden early in the morning or late in the evening. Ensure the water sprinkled is at least two inches to prevent the sun from scotching the seedlings.Five, fence your garden with neat picket fences painted with the color of your choice. Fencing your garden will keep away unwanted animals or children running around your freshly cultivated and planted garden.Six, continue with the routine until you see your garden taking shape. Don’t neglect cultivating your garden because weeds, dry leaves, papers will attack your garden.Seven, fit your garden with lawn lighting and place mirrors around your garden to give the illusion of space. Fairy lights placed around your garden fence and lanterns will make your garden look spectacular especially at night.Eight, invest in some outdoor furniture like garden tables, chairs, parasols and barbeque grills for cooking steak and sausages in the middle of a hot afternoon. Place decorative paving slabs in your garden so that your grill and garden furniture don’t rest on your freshly cultivated garden.Lastly, gardening is all about experimentation. You can have the garden of your dreams if you are will and committed to work at it. A garden is like a baby the more you nourish and feed it with the correct essential nutrients the more it will flourish and blossom to everyone’s delight.

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.

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).

X
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.

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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.

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.