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? | |  | If you faded scary media headlines and jumped into this week's FREE TRADE — the Materials Select Sector SPDR ETF — then you were already up 2% Thursday...
Congratulations!
But if you didn't get into XLB, that's OK, too… Just realize that some journalism major in New York with a keyboard and no direct market expertise shouldn't be the one informing your opinion.
Thursday's headlines were all over the map... First, they tilted bearish, with omicron-variant-scare stories taking the lead.
By lunchtime, omicron was still center stage. Only by then, the market had rebounded and Bloomberg was crediting "dip-buyers" with the turnaround.
Duh. | | | | | | | | Markets have been a little crazy with the latest coronavirus variant causing a stir.
That's why trading legend Chuck Hughes decided to spill all of his best trading secrets.
He laid the foundation for how he's been able to make a killing over the past 20-plus years, and this strategy is built to work in any market.
He could even give a trade away... | | See How It Works | | |  | The Fed Is Finally Honest About Inflation — Just as It Starts Slowing | December 1, 2021 | My favorite quote from Federal Reserve Chair Jerome Powell's testimony Tuesday had me chuckling all morning Wednesday... | | 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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