Why The FOMC Is A Nothing Burger

Here's why I don't care…

Good Morning! I've discussed this more than once…   But it bears repeating — especially this week.    We're in a news-driven market. In other words, stocks are moving sharply off the latest news. It could be a new piece of economic data, catalyst-driven, like the oil shock we're experiencing, or company-specific news.    The news headlines are creating unprecedented volatility.     And today, traders are eagerly awaiting some BIG news… It could impact you, me, and the economy — but it doesn't have to affect how you trade.    Here's what news is moving the markets and the process I'll use to find the best potential day trades today…   Access the "secret intelligence network" that can find under the radar plays, even in this bear market. The News Everyone's Waiting For The Federal Open Market Committee (FOMC) began its two-day policy-setting meeting yesterday.    And today, all eyes will be on a press conference where Federal Reserve Chair Jerome Powell will announce the next interest rate hike.    Some economists and investors anticipate the Fed will increase the rate by .75% instead of .5%. Especially after last Friday's higher-than-expected CPI numbers.    But the thing most traders don't understand about this kind of news is that I don't really care about it…    Sure, it can have an impact on the overall market direction.   But will the market go up or down after the announcement?   I don't know — nobody knows.    And either way, it doesn't matter to me…    These guys have been wrong about inflation for over a year. Now they're just running damage control…   And although the Fed's decision will impact businesses, banks, the economy, and individuals, it doesn't affect the way we trade.    So here's what I'll continue to look for today, regardless of the Fed's announcement… What to Look For in Penny Stocks Today In Pre-Market Prep and the SteadyTrade Team, we have the same plan every day…    Find stocks that are big percent gainers and fit our patterns.    Because penny stocks don't move in sympathy with the overall markets. They move on BS press releases, short squeezes, and breaks through technical levels.    (Use these technical indicators to help you spot important levels.)    Monday was a great example of this … The markets dropped nearly 3%+ across the board...    Meanwhile, SteadyTrade Team members took advantage of some of the biggest gainers we've seen in months!    So today, like every day, I'll follow my process…    I'll use StocksToTrade's Breaking News Chat to find stocks with a catalyst.  I'll check out Oracle for the top 20 momentum stocks of the day and the key levels to trade off…  I'll look at the charts of recent runners to see which stocks I'll keep on my watchlist and which ones are dead.  And I'll create a trading plan…   And I'll do it all LIVE during my SteadyTrade Team morning webinar.    If you're struggling to come up with your own process to take advantage of volatile plays — apply to join today.    If you're not ready for that level of dedication, join me for my rapid-fire plans every morning on Pre-Market Prep. I even include a copy of my ebook so you'll know all the patterns I watch for each day.    Don't trudge through the mud alone for another day...    I'll see you all tomorrow!      Tim Bohen Lead Trainer, StocksToTrade sponsored Do you know this mystery man? He's just discovered one of the most powerful ways to take on this bear market as a trader…    All from exploiting one tiny niche of the stock market (only 4% of stocks) that can bring in 2x, 5x, even 10x BETTER returns than penny stocks.    And he just went live on camera to talk with the public for the first time.    Click here for all the details. sponsored Tim Sykes Reveals "Operation: Overseer" Uncovers 408% Stock Move! Past performance not indicative of future results See how Tim Sykes's secret initiative recently uncovered a 408% (while the rest of the market panics about inflation!)  >>> Watch Now  <<< Recommended Membership Gifts ACCESS NOW: Click to activate these complimentary membership gifts and receive daily market intel. To The Moon Report Weekly Stock & Crypto Watchlist Stock Market Safety Course By Millionaire Trader Tim Sykes   Click Here to Unsubscribe   (As an Amazon Associate, we earn from qualifying purchases.)   13809 Research Boulevard, Suite 500, Austin, TX 78750   *Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.   This is for informational purposes only as StocksToTrade is not registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund.   StocksToTrade cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing.   StocksToTrade in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, StocksToTrade accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.   Copyright © StocksToTrade.com