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DON YOCHAM Roger’s Short Stock Hit List We get a couple of looks at inflation this week with CPI out tomorrow and PPI the next. Expectations are that headline CPI will come in at last month’s 5% year-over-year pace. And while the consensus among economists is that core inflation (core meaning it excludes the price of stuff we don’t really need like food and energy) tempers a bit from 5.6% to 5.5%, the real punch in the gut is that this “less volatile” data series is still higher than the headline rate of inflation. Which tells me inflation this time around is sticky and persistent (like I’ve been telling you). We’ll cover what this stickiness means and where inflation is headed on tomorrow’s “Roundtable”. But that’s just the appetizer for what I’m calling… The Bottoms Up Special. You know my penchant for big picture topics – a.k.a top down view. Well, tomorrow we’re working from the bottom up focusing on specific trades you can make right now. We’re going to kick it off with Roger Scott and his view of the impact of earnings revisions, pick out what sectors look vulnerable, then finish with his hit list of stocks to short. Scott Welsh then has some go-to ETFs to help keep things simple during volatile times like these. And then Jack will go into his all-weather approach to trading. He’s got a few names that look primed to put a few bucks in your brokerage account. It’s a can’t-miss show. So don’t. Mark your calendar for 11am ET tomorrow. I’ll see you there. Take What the Markets Give You. SCOTT WELSH Leisure Time In the middle of all the recent confusion and angst, people have been having a ball. While the world has been wringing its collective hands worrying about the Fed, interest rates, and inflation, people have been enjoying their leisure time. A short time ago, we talked about how hot the Gaming/Leisure sector has been, and we specifically mentioned a breakout point for DraftKings Inc. (DKNG) of $21.62. Well, Gaming/Leisure is still hot and DKNG broke out: It busted through that possible entry level and is now up 14%. A profit target of $26 is not far away. So, are there any other Gaming/Leisure stocks that are ready for a move? Sportradar Group AG (SRAD) looks like it could be next: TOM BUSBY Last Chance at Our Fast Pass The waiting list for MTI by DTI has grown exponentially over the last few days. It’s easy to see why: Folks want to get their hands on this tool! The same tool that some of our happiest traders are absolutely raving about. Just listen to some of the feedback:
We’re going LIVE with the relaunch of MTI tomorrow (Wednesday) at 1pm ET. So you’ve got one last chance to sign up for the waiting list and get the “fast pass” to early access. And this is it… Sign up now or take your chances missing out. See you on the flip side, TBUZ Disclaimer: Example trades are top results from real DTI students using the Market Timing Indicator in their own trading. There is no official track record or formal trade alerts with this tool, as each trader uses it at his or her own discretion. Example trades are not meant to guarantee success with this tool or promise any future earnings. There is always risk in trading. |
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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. Prosperity Pub 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. |
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