Most investors and traders tend to focus on tech and retail companies during the holidays...
But with current inflationary pressures proving to be anything but “transitory” and Federal Reserve Chair Jerome Powell being renominated, there’s a good chance we’ll see higher rates soon enough.
This means more pressure for tech and growth stocks, but also more upside for defensive buy-and-hold names…
Which is what we typically seek out during periods of high inflation.
I’ve been saying that tech is going to start selling off, and now we’re seeing it. Not only has tech been grossly overbought, but the put/call ratio keeps falling, indicating the market is overbought.
Elsewhere, the U.S. plans on tapping into its Strategic Petroleum Reserve in an effort to rein in rapidly rising fuel prices.
The Biden administration also announced that, unlike Austria, there are no plans to attempt to curb any surges in COVID-19 using lockdowns, relying instead on vaccines and therapeutics.
In this video, you’ll discover what market action is pointing to right now… whether tech will rise or fall over the near term… whether momentum levels are stable or overstretched... the biggest threat to the market right now… the biggest report of the week and what to expect… an update on the bond market and Federal Reserve policy… an update on the energy markets… the top sector with the top stock… and the bottom sector with the weakest stock.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
Well, thanks to this stock market trigger that’s already allowed me to lock in winners like 36.92% on APTV in seven days… 53.66% on PWR in four days… and even 83.87% on ALB in six days....
The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
0 Response to "2 Stable Food Stocks to Hold Ahead of Thanksgiving and Christmas"
Post a Comment