Wall Street’s indexes rallied Tuesday morning, led by the Nasdaq, which jumped over 3% after consumer prices rose less than expected and raised hope that the Federal Reserve could slow its pace of rate hikes.But the fade in the indexes tells the bigger story.. The fact is Tuesday’s report doesn’t change anything and let me…
Shah Gilani Mar 03, 2023 Markets have been a mixed bag this week, in the usual “push me, pull you” action we’re familiar with by now. It’s a battle of the same warring narratives – how high will the Fed push rates, how long will they keep them there, will…
This week, I did a little experiment.I reversed many of the data feeds I sought for relatively strong companies and instead focused on the worst companies in the market.Because I want to know who is going out of business… . And that brings us to three stocks... Tags: stocks to sell The post Prediction: The…
Not even the holiday shopping season could save November’s retail sales numbers, which slumped 0.6% in November from the previous month.That was significantly worse than the 0.2% estimated decline. Here’s what to do about it… Tags: amazon, stocks to sell The post Is Amazon a Short After Retail Sales Numbers? appeared first on Money Morning…
Unless you’ve been stuck on a mountaintop since October, you know Twitter has had Elon Musk’s undivided attention since he closed the $44 billion deal to buy it. Watch Shah Gilani and Garrett Baldwin reveal whether or not they’re buying Tesla stock right now… The post TSLA Stock Is Looking Better Now – Here’s What…
In recent years, day trading has become increasingly popular. It could be that the advances in trading tech have made it more accessible. For others, it’s the reduced cost of trade transactions. Or maybe people just like the flexibility, like Kenny – he’s liquid and loves it. But…
Do you want to know what my biggest fear is? It’s sitting on the porch one day, 60 years from now, regretting the opportunities I turned away from because I was afraid. I will NOT be that regret-filled, bitter old person. I won’t let you be either. Trading can be…
Dear Reader, This morning, markets took a bit of a hit after Federal Reserve Chairman Jerome Powell appeared before the Senate to discuss interest rates and the state of the economy. In prepared testimony, Powell told Congress that interest rates are likely higher. “The latest economic data have come in…
Dear Profit Takeover reader, I was so fortunate to meet Andrew Giovinazzi over a decade ago and learn to trade options through his training program. Hundreds of floor traders have made millions using Andrew’s options trading methods – just like this trade from Friday… Andrew Giovinazzi, Chief Options Strategist at…
This certainly isn’t the same market of the last decade… The “Roaring 20s” of this century have been anything but. We experienced the largest market drop since the 2008 financial crisis in 2020 as COVID-19 ravaged economies across the globe. After the rapid recovery we saw throughout 2021, the market…