The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation? | | Of course, just two days after we talked about how doom and gloom mainstream financial media is, the headlines on the front page are happy-go-lucky following the July 2021 jobs report.
And, yes, it was a good report — the U.S. added 943,000 jobs in July — but it's not all that.
Heck, even The New York Times noted that most of the jobs data was collected in "the first half of the month, before variant-related cases exploded in many parts of the country."
And while I may not be as down about the delta variant as others, that doesn't mean restrictions aren't a possibility. So let's pump the brakes on the hype train a little and examine the numbers. | | | | | | While he's helped thousands of people with his trade recommendations, there are some that Future of Wealth Head Trader Lance Ippolito's members can't get in on.
And he feels guilty… but the reality is that price action can be super volatile.
Sometimes things move too fast.
But he began to wonder if there might be a way to fix that and get traders in on his moves even faster…
And he came up with the Daily Profit Challenge. | Click Here to Learn More | | | Mainstream Media Loves Scary Stories. But There's Always a Bull Market | August 4, 2021 | If you read mainstream financial media Wednesday, you're probably feeling uncertain about the old 401(K).
Between negative speculations about the delta variant, cryptocurrency regulation or the jobs report miss... It's almost like the bulls are on vacation. | Continue Reading | | | | 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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