The broader market dropped following four straight weeks of gains for the S&P 500 — and more in Monday’s stock market recap.
This move lower comes as China releases disappointing economic data as the country’s industrial production and retail sales growth fell below analysts’ expectations.
Meanwhile, Wall Street prepares for another big week of earnings data with big U.S. retailers ready to report.
All eyes will be on Walmart and Target to see how the companies have been affected by inflation and other macroeconomic pressures in light of their missed earnings in the first quarter.
In this morning’s stock market recap video, I’ll reveal what momentum levels are telling us about the current trading action… if tech will fall again or continue to rise… what will happen to consumer stocks this week… the biggest report from the Federal Reserve… the most important earnings reports… plus a full sector update and where to position yourself.
My three-day virtual workshop kicks off in a few hours at noon EDT, and I couldn’t be more excited…
I’m covering exactly how I isolate and select “Frontrunners,” what it takes to custom-build your own ETF or rotational program, and how to manage an entire portfolio…
So if you’re ready to take control of your financial future and learn how to curate your own personal ETF, don’t miss my virtual workshop!
*Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk. From 5/23/22 to 7/12/22 on live trades the average win rate is 100%, the average return is 15.3% over a 3 day average hold time.
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 "WARNING: Downside Ahead in Tech, Consumer Stocks as Retail Earnings Loom"
Post a Comment