Online Education: Advantages And Disadvantages Of Online Studies

Years ago, education wasn’t accessible for everyone except for the elite. In modern society, turning into a student can be as natural as breathing, even if you experience the lack of money or time. Everybody knows that education is vital and influences career expectations a lot, and this fact forces them to go back to school again. But that’s not as simple as it seems to be at first sight. Some folks have to work to make their living; others have families and kids to take care of. Luckily, there is a way out. That’s all about online education.Currently, online education has become very popular. Check any college’s list of options and you’ll definitely find tons of online courses. It can help people to get what they want without refusing to go to work or socialize. Bad news: online education has some negative aspects. Let’s dwell upon pros and cons.Pluses.The best thing about being an online student is the fact that you are not glued to the campus and can manage your classes the way you want. Are you a young parent with debts and full-time work in some tiny Mid West town? This is no longer a problem for you as long as you can choose online courses.It’s a common-known truth that career expectations are directly proportional to one’s education level: but there are very few individuals who would take a trouble and apply for college again. It means that basically, education guarantees success at work. Flourishing career is impossible without considering further education.The last but not the least important advantage is the fact that online courses are less expensive than regular studies. There are innumerous online opportunities that are affordable in terms of time and price. Besides, it is possible to apply for scholarships or simply grab some student loan with low interest rate.Minuses.There are not so many disadvantages of online courses except for maybe the quality. On-campus life and learning is the best way to get the best of your classes, and you can’t get it if stay at home. The good news is, there are tons of great computer programs that make it possible to get quality education. For instance, online courses provide soft aimed on sharing the tasks, recording students’ scientific researches, let alone video connection and discussion opportunities.Hundreds of students graduate online courses every year, and this fact proves that it’s worth considering. Yes, you will lose the unforgettable student days’ experience, but get the freedom of scheduling your own studies at the same time. Courage, patience, and diligence will help you to cope with your online studies.

Serious Social Networking Advantages

Even if the term “Social Networking” has become a household word to most people, not everyone fully comprehends its true meaning. The truth is that many people cannot even give an exact and accurate definition of “Social Networking” even if they are already part of one and so without understanding exactly what it is many social networking advantages are completely lost to most of us. People are easily able to use these systems but are not aware of the true advantages!First off let’s define what social networking is and let’s have a quick look at some of the more common social networking characteristics. Generally speaking, social networks are flocking schemes wherein different individuals are grouped into both specific and broad categories. Of course, such networks are possible not just through the Internet but also personally, in schools as well as in one’s office or workplace. And since the Internet has a wider coverage and is obviously full of people who want to meet others, social networking is much more popular online.One of the more obvious social networking advantages is that these online communities often have a common bond like religion, politics or other shared interests. Once you gain access to one of these communities you can instantly start socializing with other members at once sharing similar interests and experiences. You will also be able to see other members’ profiles, too and learn about all kinds of other web 2.0 advantages that are brought to light through the social network. Being able to make lots of friends online is just one of the advantages of using social networking websites.Also, with access to sites like these lets you have the capability to make friends with other people even if they live outside your country. This is certainly one way to learn about other people’s culture and way of life! Who knows, you might just be able to travel to other places without worrying about getting lost since you already have a friend who will help you out once you get there!Many social networking sites have specific groupings, but there are also many that do not. This means that these websites tender free membership to anyone who wants to join. These are actually the more standard social networking websites wherein anybody can take part even if thy have different beliefs, views or hobbies. And when you are inside their community, you can equally begin to create your own circle of influence based on your own standards and then simply exclude those that do not meet the qualifications needed for or atmosphere of your group. Social networking advantages abound when you can create your own mini social networks.Everyone is encouraged to take part in any social networking websites. It is simple to use, you could have lots of new friends and you could learn a lot, too! On the other hand you should also be aware that there are some risks involved, too.Some dangers would be online predators who are actually posing as somebody that they are not. The truth is, all kinds of dangers lurk around on both the real world and online. Either way, all internet users are always advised to proceed with care most especially if they are just new on this type of socializing. But this does not mean that those people who have already been using these sites for quite some time are not susceptible to any online dangers.As in everything else, everyone is asked to be very cautious all the time. But even if there are some dangers present, you can still be guaranteed a lot of fun with social networking websites! You could instantly go ahead and search for communities that you want to take part of! Just do a simple search online and will get thousands of results and options like MySpace, FriendFinder, Classmates, Facebook, Yahoo! 360, Orkut and FriendWise!

The Montessori Education System and the Desire to Learn

In Pedagogy of the Oppressed, Paulo Freire talks about what he calls the banking system of education. In the banking system the student is seen as an object in which the teacher must place information. The student has no responsibility for cognition of any sort; the student must simply memorize or internalize what the teacher tells him or her. Paulo Freire was very much opposed to the banking system. He argued that the banking system is a system of control and not a system meant to successfully educate. In the banking system the teacher is meant to mold and change the behavior of the students, sometimes in a way that almost resembles a fight. The teacher tries to force information down the student’s throat that the student may not believe or care about.This process eventually leads most students to dislike school. It also leads them to develop a resistance and a negative attitude towards learning in general, to the point where most people won’t seek knowledge unless it is required for a grade in a class. Freire thought that the only way to have a real education, in which the students engage in cognition, was to change from the banking system into what he defined as problem-posing education. Freire described how a problem-posing educational system could work in Pedagogy of the Oppressed by saying, “Students, as they are increasingly posed with problems relating to themselves in the world and with the world, will feel increasingly challenged and obliged to respond to that challenge. Because they apprehend the challenge as interrelated to other problems within a total context not as a theoretical question, the resulting comprehension tends to be increasingly critical and thus constantly less alienated”(81). The educational system developed by the Italian physician and educator Maria Montessori presents a tested and effective form of problem-posing education that leads its students to increase their desire to learn as opposed to inhibiting it.Freire presents two major problems with the banking concept. The first one is that in the banking concept a student is not required to be cognitively active. The student is meant to simply memorize and repeat information, not to understand it. This inhibits the students’ creativity, destroys their interest in the subject, and transforms them into passive learners who don’t understand or believe what they are being taught but accept and repeat it because they have no other option. The second and more dramatic consequence of the banking concept is that it gives an enormous power to those who choose what is being taught to oppress those who are obliged to learn it and accept it. Freire explains that the problems lies in that the teacher holds all the keys, has all the answers and does all the thinking. The Montessori approach to education does the exact opposite. It makes students do all the thinking and problem solving so that they arrive at their own conclusions. The teachers simply help guide the student, but they do not tell the student what is true or false or how a problem can be solved.In the Montessori system, even if a student finds a way to solve a problem that is slower or less effective than a standard mechanical way of solving the problem, the teacher will not intervene with the student’s process because this way the student learns to find solutions by himself or herself and to think of creative ways to work on different problems.The educational system in the United States, especially from grade school to the end of high school, is almost identical to the banking approach to education that Freire described. During high school most of what students do is sit in a class and take notes. They are then graded on how well they complete homework and projects and finally they are tested to show that they can reproduce or use the knowledge which was taught. Most of the time the students are only receptors of information and they take no part in the creation of knowledge. Another way in which the U.S. education system is practically identical to the banking system of education is the grading system. The grades of students mostly reflect how much they comply with the teacher’s ideas and how much they are willing to follow directions. Grades reflect submission to authority and the willingness to do what is told more than they reflect one’s intelligence, interest in the class, or understanding of the material that is being taught. For instance, in a government class in the United States a student who does not agree that a representative democracy is superior to any other form of government will do worse than a student who simply accepts that a representative democracy is better than a direct democracy, socialism, communism, or another form of social system. The U.S. education system rewards those who agree with what is being taught and punishes those who do not.Furthermore, it discourages students from questioning and doing any thinking of their own. Because of the repetitive and insipid nature of our education system, most students dislike high school, and if they do well on their work, it is merely for the purpose of obtaining a grade as opposed to learning or exploring a new idea.The Montessori Method advocates child based teaching, letting the students take control of their own education. In E.M Standing’s The Montessori Revolution in Education, Standing says that the Montessori Method “is a method based on the principle of freedom in a prepared environment”(5). Studies done on two groups of students of the ages of 6 and 12 comparing those who learn in a Montessori to those who learn in a standard school environment show that despite the Montessori system having no grading system and no obligatory work load, it does as well as the standard system in both English and social sciences; but Montessori students do much better in mathematics, sciences, and problem solving. The Montessori system allows for students to be able to explore their interests and curiosity freely. Because of this the Montessori system pushes students toward the active pursuit of knowledge for pleasure, meaning that students will want to learn and will find out about things that interest them simply because it is fun to do so.
Maria Montessori started to develop what is now known as the Montessori Method of education in the early twentieth century.The Montessori Method focuses on the relations between the child, the adult, and the environment. The child is seen as an individual in development. The Montessori system has an implied notion of letting the child be what the child would naturally be. Montessori believed the standard education system causes children to lose many childish traits, some of which are considered to be virtues. In Loeffler’s Montessori in Contemporary American Culture, Loeffler states that “among the traits that disappear are not only untidiness, disobedience, sloth, greed, egoism, quarrelsomeness, and instability, but also the so-called ‘creative imagination’, delight in stories, attachment to individuals, play, submissiveness and so forth”. Because of this perceived loss of the child, the Montessori system works to enable a child to naturally develop self-confidence as well as the ability and willingness to actively seek knowledge and find unique solutions to problems by thinking creatively. Another important difference in how children learn in the Montessori system is that in the Montessori system a child has no defined time slot in which to perform a task. Instead the child is allowed to perform a task for as long as he wants. This leads children to have a better capacity to concentrate and focus on a single task for an extended period of time than children have in the standard education system.The role which the adult or teacher has in the Montessori system marks another fundamental difference between the Montessori s Method and the standard education system. With the Montessori Method the adult is not meant to constantly teach and order the student. The adult’s job is to guide the child so that the child will continue to pursue his curiosities and develop his or her own notions of what is real, right, and true. Montessori describes the child as an individual in intense, constant change. From observation Montessori concluded that if allowed to develop by himself, a child would always find equilibrium with his environment, meaning he would learn not to mistreat others, for example, and to interact positively with his peers. This is important because it leads to one of the Montessori Method’s most deep-seated ideas, which is that adults should not let their presence be felt by the children. This means that although an adult is in the environment with the students, the adult does not necessarily interact with the students unless the students ask the adult a question or request help. Furthermore, the adult must make it so that the students do not feel like they are being observed or judged in any way. The adult can make suggestions to the children, but never orders them or tells them what to do or how to do it. The adult must not be felt as an authority figure, but rather almost as another peer of the children.The consequence of this, not surprisingly, is that a lot less ‘work’ gets done by the students. Nevertheless, the students’ development is dramatically better in the Montessori system than in a standard education system. But how can students who have no obligation to do any work possibly compete with students who are taught in the standard system and do much more work in class and at home? I believe the answer lies in that while students taught in the standard way are constantly being pushed towards disliking school and doing things mechanically without really thinking about it, Montessori students are led to actively explore their interests and enjoy doing so. Furthermore, Montessori students are constantly engaged in cognition. They are continuously learning to think in different ways and creating solutions to problems from scratch, as opposed to students in the standard method of education who only solve problems with the tools or information that the teacher gives them to use.The final important aspect of the Montessori Method is the environment in which the student learns and explores. As mentioned before, it is of utmost importance that the children feel like they are safe and free to do what they want for as long as they want. It is also important for the children to have a variety of didactic material to play and learn with. These can be as simple as cards with different letters which the students use to make different words with. In this way the student can get the idea of the letter being a physical object which can be moved and manipulated to formulate words as opposed to simply an abstract concept which he must write repeatedly on a piece of paper. Montessori describes a copious amount of didactic materials that she used. She also describes how effective they were at helping the children grasp concepts such as the formation of sentences, square roots, and division. The didactic materials do not just help the students grasp the concept of different abstractions from reality, they also make learning a game and this makes students develop a natural joy for learning and thinking about abstract concepts. In The Montessori Revolution in Education, Standing talks about a young girl who was learning to read and played a game in which she attempted to read words from cards containing different words marked with different levels of difficulty. Standing states about the girl, “She was fairly rushing at this intellectual food. But even in Set 2 most of the words seemed beyond her. At last she had made out one, M – A – N, MAN. How delighted she was! With what joy did she place the card triumphantly under the picture of the man!”(173). This aspect of the Montessori method, in which children are left to play different learning games at their will, creates a hunger and excitement for learning.Especially at a young age, it is much easier and enjoyable for children to learn with didactic materials instead of simply sitting in a classroom and taking notes when the children are wishing they were somewhere else or doing something else the entire time they are meant to be learning. With the use of didactic materials and by allowing students to use them or not use them whenever they want to, the Montessori system gives the students the freedom to learn what they want to when they want to. This is especially important when we think about how the standard method of education, like the banking system, forces students to ‘learn’ even when the students don’t want the information being shoved down their throats, and this leads to a form of artificial learning where students memorize information or to a mechanical process where students do not internalize the information and forget it as soon as they are not being graded on it.Montessori criticized the standard method of education greatly. In addition to seeing it as inefficient and outdated, Montessori, like Freire, believed that it was oppressive to the students. In her book The Montessori Method, Montessori writes, “The principle of slavery still pervades pedagogy, and therefore, the same principle pervades the school”(16). Montessori then goes on to describe a simple example which illustrates her point. She talks about how chairs are especially designed for classrooms. These classroom chairs, Montessori posits, are made to restrict as much movement as possible, force the children to look forward towards the teacher, and make them as visible as possible to the teacher so the children always feel like they are being watched and must behave properly.Montessori views the standard method of education as an antagonistic model in which the teacher is basically fighting the student, constantly trying to control him and repress his childish behavior while attempting to force feed him knowledge that the student does not want. Despite the many studies which have shown that the Montessori Method is more effective and humane than the standard method, and even though more than 100 years have passed since it was introduced to the United States, very little has changed in the way children are educated here.In Pedagogy of the Oppressed, Freire says that education is used as a tool to manipulate and control masses. He proposes that the banking system of education exists and persists not because of its effectiveness at getting students to learn, but rather its effectiveness at indoctrinating children into believing something that the people who control the schools want them to believe. This leads to an important question. What is more important for the United States: that children grow up being able to think for themselves, or that they grow up believing what others deem correct? Here, especially in public high schools, there is a strong emphasis on nationalism and many ideas are taught as inherently inferior to others. For example, it is not only taught in schools that capitalism is better and more humane than, for instance, socialism and communism, but rather students are also taught to fear these concepts and to fear the very idea of questioning or thinking about social structures other than capitalism and economic models other than the free market. Furthermore, teachers often promote the false portrayal of the United States as the hero and police of the entire world. The U.S. education system is not meant to liberate students and inspire them to seek knowledge, but rather it is meant to keep them in line and is used as a tool to shape a kind of person who thinks only as far as is socially acceptable. How much our education system is manipulated by the interests of the people who control it is questionable. However, it is clear that whether or not our education system is being used to control the masses, it lends itself well to do so and can be used to sway people’s opinion and repress ideas that might go against the establishment.Our current education system is closer to the banking system than to something like the Montessori Method in which the development of the child is put first and children are presented with a form of problem-posing education. It is likely difficult to change to a way of teaching that allows students to learn for themselves and be inspired to actively seek knowledge. A good place to start would be to use didactic materials to the extent that is possible and to present students with differing sides of arguments in a judgment-free manner. Another important point is that creative thought should always be encouraged and dissenting ideas should be welcome and debated thoroughly. By making the transition to an education system that is problem-posing, students would be encouraged to think critically and create different, unique and inventive ways to solve problems. This change would lead to enormous growth in innovation and scientific development, as well as giving students a more humane and interactive way of learning.

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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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.