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? | |  | Last week was entertaining from a news perspective. We got to talk about Tesla and Cathie Wood... Heck, even "The Big Short." But with a ton of economic data coming out this week, the time for fun is over.
There's an important report coming every day this week, culminating with the Federal Reserve's Jackson Hole meeting on Friday. From Purchasing Managers Index (PMI) numbers we received Monday to Personal Consumption Expenditures (PCE) on Thursday… the most important thing this week is the Fed's response to the latest economic data.
Will Chair Jerome Powell panic and begin tapering? Will he remain steadfast in the fact that inflation doesn't seem to bother the U.S. central bankers? | | | | | | | | Former Air Force pilot, 10-time Trading Champion and million-dollar investor Chuck Hughes is revealing his brand-new discovery, Omega One…
Not only will he reveal this pricing anomaly that has recently paid him 104 times out of 108 trades…
But he's going to put $3.4 million on the line to help the everyday trader succeed with this new formula! | | Click Here to Unlock Omega One | | |  | Why Cathie Wood and Tesla — 2 HUGE Names on Wall Street — Are a Joke | August 20, 2021 | Another Friday, another rant on everybody's favorite investor, Ark Invest CEO Cathie Wood. And, more specifically, her market outlook. | | 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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