Thursday, January 19, 2023

3 Hot Tickers Today - Get Ready for This Market Rebound …

U.S. Debt Suspension

It's the big news today …

The U.S. Treasury Department needs more cash to pay the bills. In the past, the U.S. has simply borrowed more money.

But we're quickly approaching the debt ceiling; $31.4 trillion.

There's currently a debt issuance suspension set to last through June 5, 2023. During that time, Biden and Congress will work to lower costs at home or confirm a new debt ceiling.

For the time being, it's been reported the Treasury Department will skim funds from retirement services to make ends meet.

Read more here.

It's not a great look to fret over the national debt and siphon funds from retirement. And it's likely fueling the market's additional weakness today.

The good news is, prices are about to bump into support from late December and early January.

Here's a chart of the S & P 500 ETF Trust (NYSE: SPY) …

100% Or More Every 3-10 Days?!

It sounds impossible. But over the past 3 years, we've proven it. There's a powerful trade you've never heard of, and it has delivered an astounding 99.1% win rate for us over the past 3 years. And these aren't small wins, either: the majority of them delivered 100% or more every 3-10 days. We lay it out for you in a special video presentation - click HERE to see it for yourself.

And just because the market's weak today doesn't mean there's a lack of trade opportunities.

Quite the opposite …

#1: Magic Empire Global Limited (NASDAQ: MEGL)

This ticker spiked yesterday before the close.

Before that, it had been consolidating after a spike from January 5 and 6, 2023.

It's still below highs … watch for it to move higher …

#2: Genius Group Limited (AMEX: GNS)

Already up +200% today.

The float is 13 million shares. The volume shows +127 million traded today.

It has a solid history of running, and it just announced a plan to investigate illegal short-selling of its own stock.

Here are the details.

Short squeezes are all the rage lately (Bed Bath & Beyond Inc. (NASDAQ: BBBY)), and if this case turns bullish it could launch the price even higher.

Here's a chart thus far …