I’ve been telling anyone who’d listen to me over the past few years that 5G stocks are about to become the next big thing.
Well, this could be their year thanks to infrastructure spending…
Bank of America’s research team recently reported that between AT&T and Verizon, they’re committed to spend $18 billion on 5G in the next three years. So a ton of money should be flowing into the top 5G stocks soon.
And don’t forget, this spending is on top of their base capital expenditure of $90 billion.
The Nasdaq and S&P 500 headed for a five-day losing streak as we look toward a busy week on Wall Street — and more in Monday’s stock market recap.
Federal Reserve Chair Jerome Powell is set to speak on Tuesday. As the markets cool off, there’s a chance he’ll back track on some of his talk to raise rates right now.
On Wednesday, we have the Consumer Price Index data, and then consumer sentiment and retail sales on Friday. Remember, retail sales make up two-thirds of our economy via gross domestic product, so we always pay extra attention to this report.
Elsewhere in the news, Moderna CEO Stephane Bancel said an omicron specific booster is about to enter clinical trials and should be available this coming fall. Pfizer CEO Albert Bourla said its omicron specific COVID-19 vaccine should be ready by March with the company already manufacturing doses.
In this stock market recap video, you'll discover which Fed report we need to pay close attention to… which sectors are leading the market and which are lagging… current momentum levels on tech and blue chips… and a full update on what to expect this week from stocks and bonds.
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!
The short answer is that companies tend to release big news over the weekend, causing stocks to “gap up” on Monday’s open.
Yet the secret to spotting these Monday morning gappers often flashes on Friday afternoon.
On Friday, Dec. 31, one trader used this secret to close winning trades like 68% on Cameco… 22% on Krispy Kreme… and 5% on Uber by the very next Monday morning.
Tune in LIVE at 1p.m. EST on Tuesday, Jan. 11, when he’ll share the groundbreaking secret behind these Friday-to-Monday trades.
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 "Why 2022 Is Finally the Year to Invest in 5G and Data Centers"
Post a Comment