HSAPAY's week 27 of 40 Baby Financial Plan

Jul 11, 2023 2:07 am

Welcome back ,

Here's HSAPAY's weekly update for July 10th, 2023 that'll help you and your growing family navigate the complexities of utilizing and investing in your HSA.

HSA Weekly Roundup

HSA + Fitness = Rolling for Joy!
HSA's outperform FSA's every time!
Report: 1.5 Million Medicaid Enrollees Have Been Disenrolled from Coverage
Improving Maternal Health Outcomes Starts with Reducing Unnecessary C-Sections
Jenny Craig will be revived for e-commerce by the owner of diet meal maker Nutrisystem

Macro Minute & Precious Metals

3-6 Month HSA Investment Return Entries

HSA + Fitness = Rolling for Joy!

@hsapayapp

Attention Fitness Lovers! 💪 Did you know that unlike Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs) allow you to accumulate savings over time? 📈 That means you can invest in your health and fitness journey without worrying about losing your...

7:36 AM · July 10, 2023

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HSA's outperform FSA's every time!

@hsapayapp

💸 Say goodbye to losing your hard-earned money at the end of the year! Unlike Flexible Spending Accounts (FSAs), our Health Savings Accounts (HSAs) allow your funds to roll over from year to year, letting you accumulate savings over time. 💰

7:36 AM · July 8, 2023

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Report: 1.5 Million Medicaid Enrollees Have Been Disenrolled from Coverage

Oh no! More than 1.5 million Medicaid peeps got cut off from coverage as of June 29. According to a report by KFF that looked at data from 27 states and D.C., the end of the Medicaid continuous enrollment provision was to blame.🤔 This provision used to keep states from booting people off Medicaid during the pandemic, but it stopped on March 31.

😕 The report said that 38% of people who had completed renewals got dropped in the reporting states. 😞 But, on the bright side, about 62% or 2.6 million peeps got to keep their coverage renewed.

Improving Maternal Health Outcomes Starts with Reducing Unnecessary C-Sections

🤰🏽It's time to prioritize maternal health! There are so many ways we can improve outcomes for moms and babies. Let's start by reducing unnecessary C-sections and promoting vaginal births.

These changes have been proven to save lives and result in better health for new moms. But there's still a lot of work to be done. 😔 The latest report from the Centers for Disease Control and Prevention showed a 40% increase in maternal deaths in the U.S. in 2021 compared to the previous year. And the disparity between non-Hispanic Black and White women is shocking. We can't ignore these statistics any longer. Let's work together to make a difference!

Jenny Craig will be revived for e-commerce by the owner of diet meal maker Nutrisystem

🌟 Exciting news, friends! 💪 Jenny Craig is making a comeback in the world of e-commerce thanks to the maker of a rival weight-loss meal provider.

🙌 So get ready to enjoy some amazing food, coaching, and an overall program that will help you achieve your weight loss goals! 🍴🏋️ And the best part? 😍 Jenny Craig will be coming to your home this fall and did you know your HSA can pay for this too!!! Ask HSAPAY how you can make it happen..

Should Investors be Buying the Dip in Base Metals in Q3 2023?

Base metals had a rough go in Q2 2023 😞. While a composite for 29 raw material futures and forward markets in the U.S. and the U.K. showed a small increase of 0.21% from March 31 through June 30, 2023, base metals fell a whopping 7.51% and were down 9.94% for the first half of the year. Five out of six base metals fell in Q2 and over the first six months.

LME tin was the only metal that showed any growth in Q2 and since the end of 2022 🎉. LME zinc three-month forwards were the worst-performing base metal in Q2 , followed by LME three-month nickel and LME aluminum forwards. 😞 Zinc, nickel, and aluminum posted double-digit percentage losses in Q2, while zinc and nickel were down more than 10% since the end of last year.

Crude Settles Higher as Saudi Arabia and Russia Cut Production

🛢️🚀 August WTI crude oil (CLQ23) soared up by +2.00 (+2.87%) on Wednesday, while Aug RBOB gasoline (RBQ23) made a happy jump up by +5.59 (+2.27%). The prices of both crude oil and gasoline reached their highest levels in a week and ended on a positive note.

The reason for this happy news is the anticipated decrease in global crude oil supplies. Saudi Arabia and Russia, both major oil producers, have confirmed that they will be cutting down their crude production. Saudi Arabia has pledged to extend its 1 million bpd production cut through August, which will keep their crude output at its lowest level in years. 📉 On the other hand, Russia has promised to cut down its crude output by 500,000 bpd in August, which is a voluntary move. 🤝

Nat-Gas Prices Under Pressure on the Outlook for Cooler U.S. Temps

💰💨 Nat-gas prices took a bit of a dip today due to the forecast for cooler temps 🌡️ in some parts of the US, which means less demand from electricity providers for air conditioning. But it's not all bad news - there are predictions for above-normal temps 🔥 in other regions.

However, the main reason for lower prices is still the high inventories caused by the warm winter ❄️ we had. It's kinda like having too many sweaters when it's hot outside. Europe and the US both have an excess of stored gas , so we'll have to wait and see what happens next.

Holiday Starts with a Bang

💸 USD: Sep '23 is on the rise at 102.765, while Aug '23 Crude is also up at 71.17⬆️. The Sep '23 30 Year T-Bond is up 10 ticks and trading at 126.30. On the other hand, the Sep '23 S&P 500 emini ES contract is 86 ticks lower and trading at 4470.75. However, the Aug '23 Gold contract is shining brightly with a trading up at 1936.70. It seems like we have a mixed market, with some correlations and some not. While Gold trades higher, the USD is also up, which is not correlated. But we know that Gold tends to have an inverse relationship with the US dollar🤝. Let's see how this seesaw plays out!🤞

Why the Stratospheric Rally in Coty (COTY) May Continue Moving Higher

👀 At first glance, Coty's (COTY) beauty care stock may seem overdue for a healthy correction. Since the start of the year, COTY has skyrocketed almost 43%, whereas the S&P 500 only returned just over 16%. 💰 It may be time to cash in some profits, as COTY is currently priced at a premium to earnings. However, there's still potential for the rally in COTY to continue.

Options traders are bullish on the stock's upside potential, and COVID-19 fears have faded away. No need for masks or social distancing anymore! 😷 It's time for social normalization, meaning it's safe to go out and meet new people without worrying about personal health risks. (Unless, of course, you come across someone with nefarious intentions 😈)

Unusual Activity Today in Meta Put Options May be an Income Play

Unusual and heavy activity today in Meta Platforms (META) put options! 🤔 This could mean bearish views or income collection. If you're long the puts, you might be a little skittish, but shorting the puts provides income 💰. However, the trades probably suggest that the traders are net short the puts, meaning they believe META stock will stay flat or rise in the next week or two!

There were three tranches of unusual put options trades, as shown in the chart below 🔍. In each case, the volume of put options traded today is about 20x the existing amount of contracts outstanding. In other words, these trades are HUGE and likely made by institutional traders! 🤑

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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HSAPAY

Enjoy,

frank

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