Biden Goes After Oil Money

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The latest earnings season showed close to record revenues for most oil companies.   Exxon Mobil Corporation (NYSE: XOM) Royal Dutch Shell PLC (NYSE: SHEL) BP p.l.c. (NYSE: BP)   And Biden's having none of it. On Tuesday he came down hard on businesses for their extensive profits during current economic woes. And he's threatening a windfall tax.   Here's the full story.   A large tax would definitely cut into overall revenue. And could dampen the outlook for U.S. oil companies in the fourth quarter. But nothing is set in stone yet.   We'll keep you updated.   Big Sell Day   We just experienced a massive market bounce. And today there's a significant pullback.   Take a look at this intra-day chart of the SPDR Dow Jones Industrial Average ETF (NYSE: DIA) …      Remember that three out of four stocks follow the market. And as a result, there haven't been many trade opportunities today.   That could change into the afternoon and throughout the week. We're going to give you three tickers to be aware of …    #1: Safe-T Group Ltd. (NASDAQ: SFET)   This stock has a relatively low float. There are 32 million shares outstanding and the volume shows 29 million shares traded already today.   The company announced $2 million in secured financing as part of an earlier agreement. And today they announced 5 million platform downloads. It's in the cybersecurity sector.   #2: Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN)   Yesterday's hottest spiker broke out again this morning.   But since then the price fell back down. It's possible this is a failed breakout and the stock will continue lower … but there's a lot to like here.   4 million share float 79 million shares of traded volume today Collaboration with Johnson & Johnson (NYSE: JNJ) company   Keep an eye on this price action …   Sponsored America's Favorite Investment Is Robbing You Blind Today Mike's going to show you how to boost your low-yielding 401(k) with the power of a Wall Street level hedge fund…overnight. You don't have to be an accredited investor or even an experienced investor in order to do this. Yes! Show Me How To Boost My Portfolio Privacy Policy/Disclosures #3: ESSA Pharma Inc. (NASDAQ: EPIX)   This is a former runner from last week. It originally spiked after releasing news about a lead candidate for cancer treatment.   And all these days later it's still consolidating.   Watch for a breakout over $5. And there's got to be substantial volume!     If you trade without a plan, consider yourself a jumper without a chute.   It's as simple as that.   We focus on the most volatile stocks because that's where the real profit opportunities are. But in order to stay afloat in this niche, trading patterns are essential.   Sometimes things don't go according to plan. Such is life. Such is trading.   But if we prepare for the worst, we know when to get out safely.   Keep your head up out there! Guardian Financial Publishing 3571 Far West Blvd Austin, TX 78731   test   This email was sent to its028@gmail.com. Don't want to receive these emails anymore? Unsubscribe   Privacy Policy | Terms | Risk Disclosure