Dining Destination Co. Reacts to Covid-19 Crisis

SPG on 'Sell' signal… April 6, 2020 UNSUBSCRIBE |ARCHIVE SHOCKING: Have You Seen This Picture????? This joke is going viral… and folks on Main Street are going to be PISSED. It helps expose a sick prank Wall Street has been playing on their retirement (explained in this short video)… Luckily, one rogue former hedge fund manager discovered the best way to stick it to those Wall Street crooks and protect your money, especially during choppy markets. Click here now to watch his short video before it's taken down Thursday at 9:30am. Dining Destination Co. Reacts to Covid-19 Crisis Dear Chart Of The Day Reader, On Friday, we looked at a monthly chart of Vertex Pharmaceuticals Inc., noting that the stock's monthly price is trading above the 10-Month SMA. Today's Chart of the Day is a Daily Price Chart for Simon Property Group, Inc. (NYSE: SPG). Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company. Our properties across North America, Europe and Asia provide community gathering places for millions of people. Now, below is a Daily Price Chart for Simon Property Group, Inc. Back in April 2019, the SPG 1-Month price crossed below the 10-Month simple moving-average (SMA) indicating SPG is on a PowerTrend 'Sell' signal (circled). That was a year ago, and now that SPG's services aren't in high demand, you can see where the price drops sharply down. Since the PowerTrend 'sell' signal occurred for the stock back in April 2019, when the stock was around $173.70, the stock has gone on to drop 73.1%. Now, as you can see, the 1-Month moving-average is still below the 10-Month SMA. That means the bearish trend is still in play! This bearish price trend makes SPG a good candidate for a put option purchase. As long as the 1-Month Price remains below the 10-Month SMA, the stock is more likely to keep trading at new lows in the coming days and weeks. We'll be keeping our eye on this stock as it continues to trend downward so we'll know the moment the market conditions shift and the stock begins to come back up offering a better buying opportunity in a bearish market. Best Regards, Chuck Hughes Editor, Chart Of The Day 100 Little-Known Ways To Maximize Your Retirement Benefits This mysterious guide to maximizing your retirement benefits is waiting to be claimed… Here's a small sample of little-known methods you'll find inside… Boost Your Benefits by 32% Using the "Hiccup" Technique. Learn how some seniors are using this special "hiccup" strategy to increase their retirement benefit payouts by 32%. (Page 243) Hit the Benefits "Reset Button." Not happy with your current benefits? Learn how some folks are legally "resetting" their benefits for WAY bigger monthly payouts. (Page 245) The "$24,000 Switch Strategy." Discover a wrinkle that allows some retirees to switch to a higher benefit in the future… for up to $24K in extra retirement income. (Page 82) You'll find them all… and more than 90 additional retirement benefit maximizing methods inside. Click here to learn how to claim your copy now.  If you are having trouble receiving your Chart Of The Day subscription, you can ensure its arrival in your mailbox by whitelisting Chart Of The Day. © 2020 by Chart Of The Day. All rights reserved. This newsletter may only be used pursuant to the subscription agreement, and any reproduction, copying or redistribution (electronic or otherwise, including on the World Wide Web), in whole or in part, is strictly prohibited without the express written permission of Laissez Faire Books LLC, 808 Saint Paul Street, Baltimore, MD 21202-2406. To end your Chart Of The Day e-mail subscription and associated external offers sent from Chart Of The Day, click here to unsubscribe. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. If legal advice or any type of assistance is needed, please seek the services of a competent professional. This material, produced by Chart Of The Day, is for informational purposes only. All technical information, instruction, and advice, reflect the beliefs of Chart Of The Day and are intended as informational only. Chart Of The Day is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Laissez Faire delivering daily email issues and advertisements. Please read our Privacy Statement. EMAIL REFERENCE ID: 401CODED01