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? | |  | Markets can change on a dime — right at the moment you least expect it.
I noted last week that China's crypto crackdown and Evergrande collapse were driving the headlines.
But I probably should have made a much bigger deal about interest rates in last week's watchlist.
Because even though our free trade on XLY is up 3%, it's the XLF that has been crushing it.
And the reason behind that move — interest rates — is what's driving headlines Monday. | | | | | | | | No one wants to work weekends, we get it. But would that change if we learned that we're leaving thousands of dollars of potential profits on the table?
Probably.
Millions of traders, from Wall Street to a home office, grind it out Monday through Friday, waiting for the weekend.
But here's the secret…
They're neglecting the fact that hundreds and even thousands of dollars are up for grabs every single weekend.
And New Money Crew Head Trader Lance Ippolito has discovered a rinse and repeat plan that anyone with a cell phone and a brokerage account can take advantage of every week. | | Don't Waste the Weekend | | |  | How Confident Traders Can Profit From China's Crypto Crackdown | September 24, 2021 | The theme of the past couple weeks has been all about buying dips while mainstream financial media panics… just like they're doing in the wake of China's crypto crackdown. | | 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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