I Nailed My Last Bearish Call on Meta. Have I Changed My Tune for Q2?

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I Nailed My Last Bearish Call on Meta. Have I Changed My Tune for Q2? It’s time to take a look back at one of my greatest hits of 2022 so far, and a look ahead to what’s next after the company formerly known as Facebook reports second-quarter earnings. Meta’s Q2 earnings report is coming Wednesday after the closing bell, and the former Wall Street darling has gotten crushed since peaking around $375 a share back in September 2021.  Near the close Tuesday, shares of Meta were trading around $160, a near-60% decline in 10 months.  In this environment, unless you’re already so poorly viewed and down a ton, you have to beat by a wide margin to get a decent bump.  Meta is clearly “down a ton,” so is it a good stock on sale…   Or Is It Another Falling Knife? Jeff Z Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market.  Where’s Everyone Going? We haven’t seen investors pull their money out of the market at a rate like this in years… Meanwhile, the Federal Reserve is about to meet and let us know how much it plans to raise interest rates this week. And while others panic, I’m prepping for some of the biggest overnight turnarounds we’ve ever seen… Starting with tonight’s overnight trade opportunity!  And based on what the market internals and global economy are showing right now... I believe we’re just at the beginning of a…    Another Massive Overnight Opportunity!  The Week Ahead: Big Fed Interest Rate New and Earnings Galore July 25, 2022 One aspect of the markets in 2022 that’s different from the past five years is that when Wall Street used to rally off lows, volatility would collapse… And you wouldn’t have a big drawdown for weeks or even months at a time.  Continue Reading Inflation vs. Recession: Which One Will Win? July 22, 2022   We’re in the midst of the first full trading week following the Fourth of July holiday, and there’s a lot going on in the markets — earnings, inflation data, COVID-19 starting back up again…   Continue Reading Joy of the Trade A WealthPress Publication   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. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32256, US Joy of the Trade Update Profile

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