Used Car Prices Are Rising — 2 Stocks to Profit

 
December 4, 2021
 
Trading Legend Spills His Secrets
Markets have been a little crazy with the latest coronavirus variant causing a stir.

That's why trading legend Chuck Hughes decided to spill all of his best trading secrets.

He laid the foundation for how he's been able to make a killing over the past 20-plus years, and why this strategy is built to work in any market.

He could even give a trade away...
See How It Works
 
Volatility Spikes as Omicron Continues Driving Market Sentiment
Weaker-than-expected jobs data before the holiday season indicates that companies are being cautious about their growth prospects.

Federal Reserve Chair Jerome Powell has already expressed interest in pulling back on the central bank's bond purchases even faster than originally planned, which will be a topic of conversation at the Fed's December meeting.

The FDA is preparing to review omicron-specific vaccines and treatments if necessary, as the cases have been confirmed in five states across the United States.

In Friday's stock market recap video, you'll discover whether the overall market is stable or fragmented… which index has the highest odds of moving higher and why... my thoughts on the chip sector and the most likely scenario ahead… an update on current momentum levels and market breadth… whether volatility is set to increase or decrease... the strongest and weakest stocks in the S&P 500 right now... and a preview for the week ahead with trading action and levels.
Get the Full Story Here
 
The Fed Is Finally Honest About Inflation — Just as It Starts Slowing
My favorite quote from Federal Reserve Chair Jerome Powell's testimony Tuesday had me chuckling all week...

Pennsylvania Sen. Pat Toomey asked him, "How long does inflation have to run above your target before the Fed decides, maybe it's not so transitory?"

And Powell replied, "I think it's… it's probably a good time to retire that word and try to explain more clearly what we mean."

Gee, thanks, Jay… it's only taken you 18 months.
And Now It's Slowing
 
2 Stocks to Profit From Skyrocketing Used Car Prices
With new vehicle production stutters caused by a variety of factors like the microchip shortage, more and more people are turning to the used car market...

But this swell in demand coupled with low short-term supply of used vehicles has prices skyrocketing so much they cost more than their factory-fresh counterparts.

I mean, used Toyota Tacomas are going for nearly $40,000... while new ones are $37,000!

This trend should continue well into 2022. And I've found a small group of stocks set to benefit from this anomaly as long as supply chain bottlenecks persist.
Believe Me, They Will
 
"Dear Roger… You are getting even better! There is so much nonsense on the web. You're like a fountain of truth in the desert and I suspect traders are gravitating to your leadership and clarity of message.

Ken R.

A Vertical Spread options strategy involves the purchase of the same type of put or call option on the same underlying asset, with the same expiration date but with different strike prices. The term "vertical" comes from the position of the strike prices. In contrast to a calendar spread, which is the simultaneous purchase and sale of the same option type with the same strike but different expiration dates.
 
 
 
*Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
 
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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