What We Have Here Is A Failure To Communicate

The results of this past election proved once again that the Democrats had a golden opportunity to capitalize on the failings of the Trump Presidency but, fell short of a nation wide mandate. A mandate to seize the gauntlet of the progressive movement that Senator Sanders through down a little over four years ago. The opportunities were there from the very beginning even before this pandemic struck. In their failing to educate the public of the consequences of continued Congressional gridlock, conservatism, and what National Economic Reform’s Ten Articles of Confederation would do led to the results that are playing out today.. More Congressional gridlock, more conservatism and more suffering of millions of Americans are the direct consequences of the Democrats failure to communicate and educate the public. Educate the public that a progressive agenda is necessary to pull the United States out of this Pandemic, and restore this nations health and vitality.

It was the DNC’s intent in this election to only focus on the Trump Administration. They failed to grasp the urgency of the times. They also failed to communicate with the public about the dire conditions millions have been and still are facing even before the Pandemic. The billions of dollars funneled into campaign coffers should have been used to educate the voting public that creating a unified coalition would bring sweeping reforms that are so desperately needed. The reality of what transpired in a year and a half of political campaigning those billions of dollars only created more animosity and division polarizing one extreme over another.

One can remember back in 1992 Ross Perot used his own funds to go on national TV to educate the public on the dire ramifications of not addressing our national debt. That same approach should have been used during this election cycle. By using the medium of television to communicate and educate the public is the most effective way in communicating and educating the public. Had the Biden campaign and the DNC used their resources in this way the results we ae seeing today would have not created the potential for more gridlock in our government. The opportunity was there to educate the public of safety protocols during the siege of this pandemic and how National Economic Reform’s Ten Articles of Confederation provides the necessary progressive reforms that will propel the United States out of the abyss of debt and restore our economy. Restoring our economy so that every American will have the means and the availability of financial and economic security.

The failure of the Democratic party since 2016 has been recruiting a Presidential Candidate who many felt was questionable and more conservative signals that the results of today has not met with the desired results the Democratic party wanted. Then again? By not fully communicating and not educating the public on the merits of a unified progressive platform has left the United States transfixed in our greatest divides since the Civil War. This writers support of Senator Bernie Sanders is well documented. Since 2015 he has laid the groundwork for progressive reforms. He also has the foundations on which these reforms can deliver the goods as they say. But, what did the DNC do, they purposely went out of their way to engineer a candidate who was more in tune with the status-quo of the DNC. They failed to communicate to the public in educating all of us on the ways our lives would be better served with a progressive agenda that was the benchmark of Senators Sanders Presidential campaign and his Our Revolution movement. And this is way there is still really no progress in creating a less toxic environment in Washington and around the country.

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.

Understanding Pharmacy Technician Job Description – Is It Right for You?

For those looking for an interesting profession in the medical services field, becoming a pharmacy technician or ‘PT’ can be a great option for the right person.It is a detail-oriented job in a growing industry, so there are many opportunities available all the time and estimations are that job availabilities will continue to increase over the next few years.Before deciding that becoming a PT is the job for you though, it is important to have a good understanding of the pharmacy technician job description in order to decide if this is the type of work desired.With a good knowledge of what this profession requires in regard to jobs performed, interested students should be able to enroll in school or training in confidence that this is what they want to do afterward.Pharmacy Technician Job DescriptionAlthough there are numerous setting where PTs can work such as hospitals, retail pharmacies, outpatient and inpatient centers and more – all of which will have some specific duties – their main job is to provide assistance to the registered pharmacy on duty. Most of the time this includes tasks such as:- Receiving prescriptions to be filled, either from retail customers or from hospital staff, for their departments;
- Counting, packaging and labeling prescriptions;
- Dispensing medications to customers in retail environments;
- Dispensing medications to patients and/or nursing staff in hospital environment;
- Accept payment for prescriptions;
- Overseeing medication inventory;
- Keeping medication inventory records;
- Ordering and stocking medications;These duties usually make up the bulk of what a pharmacy technician does, although in retail PTs usually handle other retail duties as well, such as general stocking and straightening, customer assistance throughout the store, and even discussing with customers the use of their medications.In specialty settings like compounding pharmacies, duties would likely include assisting in mixing medication formulas like ointments, syrups and other medicines that are sometimes specially prepared, then shipped to retail locations, or to patients themselves.Working at a compounding pharmacy especially requires the hand of a skilled technician who is very detailed, since this involves understanding medication dosages and mixing prescription strengths.Then, there are also positions at companies that manufacture medicines where job duties include things like quality control and packing and shipping medicines to hospitals, retail stores and other pharmacies that sell medications.Differences in Pharmacy Technician RolesAlthough many times a “pharmacy technician” job will get lumped under that one title, there are actually different classes of PT. There are positions where the technician works very closely with the licensed pharmacist and can do more detailed and technical jobs like compounding and delivery of medications to hospital patients or staffs, and then there are positions where the technician mostly sells already-prepared prescriptions to customers, and other more routine tasks.In some places such as the US, these positions are not always recognized as being different, but based on schooling and certification, they can be very different. A schooled PT holds the title of Certified Pharmacy Technician (CPhT) and usually qualifies to apply for more technical jobs in the field.Those without their CPhT many times will only be considered for the less-qualified, retail positions. In the UK and some other countries, there are specific job titles that mark the differentiation:PTs are those who have fulfilled the higher schooling and job experience requirements while Pharmacy Dispensers are those who are qualified for mostly selling medications to patients in a more retail setting. Technicians are able to give medication advice to customers as well while Dispensers are not.Salary Differences Depending on Pharmacy Technician Job DescriptionBased on the differences in pharmacy technician roles, there are generally differences in salary as well.The less skilled positions – while they can still command a respectable salary that is considered at least average by most healthcare professions on this level – earn between 25 and 50 percent less than the skilled, certified pharmacy technicians, with salaries that can reach as high as the upper $50,000 per year or more.This is something that potential pharmacy technicians should definitely consider when trying to decide on which schooling to take.With this look at what a current pharmacy technician job description entails, it is hopefully easy to see that while the bulk of job duties any pharmacy technician should expect to perform are similar, there are some definite differences.Based on job experience, schooling and position held, some pharmacy technicians will perform more exact tasks, so their need to take their position very seriously is paramount.Also, depending on the job, amount of time spent working with the public directly will vary. Understanding all of this can be a good aid in deciding which type of schooling to enroll in, and what type of professional position is favored.