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Posted November 14, 2022

Ray Blanco

By Ray Blanco

A Week Can Make All The Difference

Just last week, it seemed like everybody was on the edge of their seat, myself included. 

We were all on the pulse of the midterm elections and CPI report. 

The vibe in the air was that markets were in do-or-die mode with most people preparing themselves for another big leak lower in the market. 

However, those expectations failed to materialize. 

The way things shook out, the election barely had an effect on the markets… 

It wasn’t until the CPI report that we got some real action. 

After running the market into the ground month after month with hot inflation numbers, the latest CPI numbers showed signs of cooling inflation. 

That was all the bulls needed to kick off a ripping rally. 

Thursday’s move and Friday’s follow-through were incredibly impressive. 

The pop-and-run we saw on Thursday was the strongest market day we’ve seen since the initial rally off the Covid lows from April 2020. 

Looking ahead, there are plenty of questions being asked. 

Where do we go from here? Was last week’s move enough for the bulls to regain control? Is inflation truly cooling off?

I’m looking forward to seeing what this week brings and if we can get some clarity about overall market sentiment.

So, with that, read below for everything I have my eye on this week…

tpd-1-amazon

Amazon Set to Lay Off Thousands of Corporate Workers

The layoffs are part of a cost-cutting review and follow job cuts by other tech companies. Read more…

tpd-2-ftx

FTX, Sam Bankman-Fried Sit in the Crosshairs of U.S. Prosecutors

The crypto exchange’s collapse likely exposed the company and its founder to potential criminal liability. Read more…

tpd-3-security

How the EU’s Proposed IoT Cybersecurity Law Could Affect Device Makers

The proposal estimates compliance costs at €29 billion but could provide cyber-clarity. Read more…

tpd-4-indoor-grow

Why a Major Herb Grower is Switching to a 90% Indoor Setup

The shift to controlled environment ag is “all about profitability.” Read more…

tpd-5-google

Google Agrees to $392 Million Settlement With 40 States Over Location Tracking Practices

Google has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. Read more…

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Disney Rallies, Twitter Faces Debt, FTX, and More

Posted November 21, 2022

By Ray Blanco

Even with the shortened trading week, there’s plenty to talk about in the tech industry.
New Horizons Outside of China

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Posted November 18, 2022

By Ray Blanco

China has long been the dominant player in consumer electronics manufacturing, standing alone in its ability to bring on many high-skilled workers and develop massive production capacity. But now, that’s starting to change.