U.S. stock futures were down Monday to start a data-heavy week on Wall Street.
We have the Consumer Price Index coming Tuesday — the biggest report of the week by far — followed by the Producer Price Index on Wednesday. These reports will show how inflationary pressure is affecting consumers and producers, respectively.
If inflation continues to rise or is still high, the Federal Reserve can justify its aggressive interest rate-hiking actions going forward. But if we get a sense inflationary pressure is easing, the Fed could ease up on future rate hikes.
We also have retail sales on Thursday. As I’ve said before, retail sales represent two-thirds of the economy, so this is always an important report.
In this stock market recap video, you’ll discover whether the bond market is oversold or ready for more downside action… whether market internals are bullish or bearish… key levels for major indices and the most likely scenario ahead… the best way to approach the current market cycle… plus the two sectors I'm most bullish on right now.
We saw another choppy tape this past week in the stock market thanks in no small part to news out of the Federal Reserve…
Recent comments from different members of the Federal Open Market Committee and minutes from the previous meeting suggest they’re on course to tackle rising inflation more aggressively — finally.
Those fears gave momentum to a midweek sell-off, opening the door to strong plays to the downside like we saw with New Money Crew Watchlist member Ford as shares tumbled 9% from last Monday’s open.
It’s been a tricky market to trade of late, but the New Money Crew strategies continue to grind out winners along the way.
Our Wiretap Alerts strategy managed to close on another hat trick of winning trades… BANG!
Meanwhile, Weekly Blitz Alerts was able to reel in nice gains on Marvell Technology and Vistra Corp.
“Hello Roger! Thanks for everything. Made $10k on my $50k account with my first 2 week cluster.”
Randle B.
Bollinger Bands® are a highly popular analytic technique. Many traders believe the closer the prices move to the upper band, the more overbought the market. And the closer the prices move to the lower band, the more oversold the market. Bollinger Bands® are not a standalone trading system. They are simply one indicator designed to provide traders with information regarding price volatility.
Give us a follow and join the conversation on our official social media channels!
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.
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.
DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "Biggest Threats, Opportunities as Market Awaits Key Economic Reports"
Post a Comment