If you’re looking for evidence of just how volatile this market is, this week has been a great example.
Rising bond yields saw the tech sell-off story continue Monday morning, only to reverse course midday.
The Nasdaq opened 1.2% lower from Friday’s close, dipping below its 200-day moving average for the first time since mid-April 2020.
The bulls must have had a good lunch because they came in around noon and took control of the market, erasing a nearly 3% loss on the day to finish 6 points in the green.
It was a wild way to start the week, and we have more catalysts on the horizon as we kick off earnings season!
But don’t get bogged down with the banks. Instead, let’s catch some air with some Q4 travel stock earnings reports…
Those who know this new trading trick have been able to lock in lightning-fast returns like 62.07% on PM, 46.99% on X and even 139.5% on RCL — all with just a few hours of market exposure
Market Outlook 2022: 3 Retail Stocks Set to Outperform the Sector January 8, 2022
While I see challenges ahead for the sector, I expect my top 3 retail stocks will be able to turn those headwinds into bigger profits for everyday traders.
How We Pull Strong Gains in a Weak Market and 3 Stocks to Watch January 7, 2022
Let’s recap the market action by breaking down some of our top gains and get ready to roll that momentum into next week with the New Money Crew Weekend Watchlist for Jan. 7!
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