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? | |  | You all should know by now that I love to tell you why the financial media is wrong. And if you've been watching this week, you've probably noticed coverage is pivoting to bearish headlines.
Articles from both CNBC's Jim Cramer and economist Mohamed El-Erian are showing negative sentiment. And sectors featured by the anchors are shifting to the defensive — primarily Consumer Staples and Health Care.
Coverage has also been rather negative on the tech sector, which is odd since it was flat through the middle of the day.
But if you've been reading along, then you know this week's volatility isn't being driven by some impending market crash. | | | | | | | | That's the dream, right? To get wealthy off of a single deal?
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But I've got just one question... | | Ready to Hit the Big Time? | | |  | Bonus Trade Update: Markets Are Still Going Back to All-Time Highs | September 10, 2021 | OK, if you followed along with Thursday's BONUS TRADE update, then you likely grabbed shares of the Direxion Daily S&P 500 3X Bull ETF. | | 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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