Friday, August 6, 2021

Jobs Report Isn’t All It’s Cracked up to Be. Look Here for Gains

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?

Jobs Report Isn't All It's Cracked up to Be. Look Here for Gains

August 06, 2021

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.

Slow Down There, Media

Lance Has a Confession to Make…

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

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