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? | |  | Thursday morning, you'd have thought the world was ending as U.S. gross domestic product growth for the third quarter was far worse than most forecasts, coming in at just 2.0% versus 2.6% expected.
But then, as quickly as they came, gone were the worries of '70s style stagflation, as Facebook's name change to Meta clearly points the global economy toward a shiny new future!
Sigh...
I'll save that rant for the weekly wrap-up. Instead, I sat in on my second earnings call this week, hoping to come to you with some good news. But instead…
I came away feeling rather suspicious… | | | | | | | | Most traders don't know this, but there's an actual phenomenon that occurs in the stock market called "The Halloween Effect."
It sends certain stocks skyrocketing from November to April!
In fact, WealthPress Senior Strategist Roger Scott just discovered a tiny $8 stock primed to thrive over the coming months thanks to this little-known effect.
And I want to get my readers in on it right away…
Click on the button below to get access to this "Halloween Pick" today — as part of an insane special Roger's holding on his Overdrive Profits service. | | Get the Pick Here | | |  | Energy Crisis Stocks Are on Sale... Just Like This Sneaky Bonus Trade | October 27, 2021 | Oh man, am I excited... We're halfway through the week and things have been positive all around for our Fortune Research trades. | | 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. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. 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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