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? | |  | Energy and the Global Energy Crisis have been a hot topic of ours lately... Although we're going to shift gears a little, our free trade this week still falls in line. But we can't get to that without discussing inflation.
Following Federal Reserve Chair Jerome Powell's remarks Wednesday, "taper" is clearly the word of the day again.
This time around, however, it was not immediately followed by the word "tantrum."
Instead of plummeting like they did in 2013, the Information Technology and Materials sectors led markets higher, sending the dollar lower in the process.
The most interesting remark to me was how Powell said the central bank was going to be patient with interest rate hikes, but that it was also "ready to pounce" on inflation.
| | | | | | | | What if traders knew — down to the exact day — when a single stock will explode?
Think about that...
Most folks don't believe that type of timing is possible.
But thanks to an odd market eventNew Money Crew Head Trader Lance Ippolito calls a "breakout date."
It's completely possible… He's already seen it happen — and cashed in BIG. | | Here's How It's Done | | |  | This Recent Watchlist Member Tripled In Seconds… Which One's Next? | November 02, 2021 | If you remember, I wrote a few weeks ago about how small-cap stocks were outperforming large caps. | | 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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