The April Jobs Report Looks Better… but Inflation Is Still Accelerating

May 10, 2021 Wall Street Insider Reveals Shocking Discovery It shouldn't come as any surprise that CEOs and billionaires behind the curtain are making secret moves… In fact, new research has uncovered a disturbing truth about corporate America and certain "legal" tactics they've been using to force the rise of their own stocks. But after months and months of investigations, one former Wall Street insider is finally ready to reveal the details he discovered… And it could benefit amateur investors everywhere. Click Here to See How The April Jobs Report Looks Better… but Inflation Is Still Accelerating Thursday morning's employment data was certainly encouraging to the market. Initial claims fell to a new pandemic low — coming in well under expectations at 498,000. And while continuing claims came in a little higher than anticipated, total persons claiming unemployment actually fell by a roughly equal amount. Of course, we're far from out of the woods yet, as total unemployment remains 34% above peak levels during the Global Financial Crisis. But the trajectory of those numbers is encouraging nonetheless. So we should be happy right? Well, to be honest, I can't shake the fear of inflation… Let's Take a Look The No. 1 Factor Hurting New Traders Thanks to the convenience of trading apps like Robinhood and Webull, and the massive media coverage of retail-driven short squeezes, there are more new traders than ever. In April, financial giant Charles Schwab said it opened 3.2 million accounts in the first quarter of 2021. That's more new accounts in just three months than it opened for all of 2020. And almost everywhere you look, you see loads of these new traders flooding the internet. They're learning that playing around in the stock market isn't as easy as they thought it was. These greenhorns are blowing up their accounts left and right… But that's almost to be expected… Because like any skill, trading requires knowledge and practice. Now I can't practice for you, but I can drop some knowledge… Learn More Here "Hi Roger. You are right, I had never heard of trading volatility or using the ATR prior to this week's sessions. These have been big "aha" moments." Ritz V.H. Swing Trading attempts to capture gains in a stock (or any financial instrument) within an overnight hold to several weeks. Swing traders use technical analysis to look for stocks with short-term price momentum. These traders may utilize the fundamental or intrinsic value of stocks in addition to analyzing the price trends and patterns.   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.   Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 

                                                           

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