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? | | Wednesday was a day where you had to scroll way down to figure out what's going on. And we did just that... The media was focused on the wrong thing — of course — while we looked at which assets to own during periods of inflation.
Most financial media outlets were focused on the weekly jobless claims number, which came in historically low…
Yes, 1969 was a long time ago. And that's the last time jobless claims were this low. But if you look at the data, you see a pattern emerging.
And that pattern can help us trade the current environment. | | | | | | It's easy to get lost in today's market noise. But WealthPress Senior Strategist Roger Scott has a strategy that allows traders to spot stock picks when specific elements are met.
That means we no longer need to spend hours upon hours staring at charts and researching companies.
All we have to do is wait for a stock to cross this simple line… place a quick trade… and wait for it to move.
He calls this the "Sniper Line…"
We were able to make 83.87% on ALB just this past week, and 53.66% on PWR in November!
Want to learn how investors can identify stocks crossing my Sniper Line? | Click Here to Learn More! | | | Oil Prices, Inflation and Supply Chain Issues Point to More Volatility | November 23, 2021 | Most people thought the oil announcement would push the price down — including the president — but us career energy analysts knew y'all were in for a surprise… | 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.
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
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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