And be sure to join Senior Strategist Roger Scott, Joy of the Trade’s Jeff Zananiri and New Money Crew’s Lance Ippolito each Wednesday at 11:30 a.m. EDT for the WealthPress Live Roundtable, where they’ll discuss the biggest topics on Wall Street.
In this week’s roundtable, we covered:
The past two weeks have been far more bullish than Jeff expected — but volatility is here to stay. And Jeff is skeptical of what’s next.
The five- and 30-year section of the yield curve inverted for the first time since 2006 — which usually only happens ahead of a recession. Jeff says a recession is coming.
The meme stock pump is back. Lance is day trading these names — but beware the major risk and “know thyself,” or you could wreck your account.
Lance is “scared” of the market direction over the coming six months.
“Frankly, I am impressed... seen a lot of systems... and some great returns... but you have us looking behind the curtain!”
Jay
Good ’Til Canceled (GTC) describes an order an investor may place to buy or sell a security that remains active until either the order is filled or the investor cancels it. GTC orders are an alternative to day orders, which expire if unfilled at the end of the trading day.
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