Have you seen the prices of, well... anything lately? Oooof.
The Federal Reserve sure isn’t helping anyone with the inflation running wild everywhere. In fact, Joy of the Trade’s Jeff Zananiri expects the Fed made it worse this week by announcing its plans to accelerate tapering its bond purchases next month — the market dropped about 400 points as a reaction.
We have some big data to digest in regard to stock market-moving headlines closing the week of Dec. 3… And there’s a tug of war on Wall Street right now between the bulls and the bears to see if we regroup from the sell-off and begin to rally…
November’s jobs data came out Friday morning, and boy was it disappointing... Wall Street estimates were for 573,000 nonfarm jobs created, but the number came in at just 210,000.
That’s a big miss in that headline number…
Under the surface, unemployment fell to 4.2%. The lower that number, the more people are employed, which is of course good for the economy.
Both of these data points play into what the Federal Reserve is going to do next… and Chair Jerome Powell also had some interesting things to say this week that moved markets.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
2 Stocks to Profit From Skyrocketing Used Car Prices
December 1, 2021
With new vehicle production stutters caused by a variety of factors like the microchip shortage, more and more people are turning to the used car market...
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
Post a Comment
0Comments