All that and more in Friday’s Premarket Must Watch!
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A Breakdown In the Major Indices? Plus, Algos Running Wild and 2 Day Trading Stocks for Friday!
We’re seeing more than just random selling in premarket trading to kick off Friday morning…
Tech stocks especially are getting hit to close the week while volatility breaks out to the highest levels we’ve seen since May.
There’s a lot of fear around China’s economy, and about what the Federal Reserve will do next with interest rates.
These are the two biggest factors affecting the markets right now. Inflation is still sticky, so the Fed will continue raising rates.
Meanwhile, algos are hitting one sector in particular right now, and the bond market (TLT) is still selling off, which is pushing short-term rates up — and tech stocks down.
I’ll cover all that and more in this morning’s Premarket Must Watch video!
In today’s all-new briefing, I’ll also go over which stocks and ETFs were actively selling this week… where key levels on major indices are… if the stock market’s going to keep losing momentum or rally hard… which stocks and sectors you need to watch right now… and two day trading stocks to fade this Friday morning! _________________________________________________ Are Your Investments Safe?
If you follow these morning videos regularly, then you know I’ve been warning of a downturn in tech stocks for a while now.
After a heck of a year for high flyers like NVDA and META, and as the AI craze begins to fizzle out, the tech rally is over.
Hedge funds — the smart money — are now moving into so-called safe-haven stocks at the fastest pace in decades…
Are your investments safe?
Don’t wait until it’s too late to find out! _________________________________________________
| Today’s Top S&P 500 Sectors | Today’s S&P 500 CSI Leaders | | Communication Services (XLC) | Nvidia Corp. (NVDA) | | Technology (XLK) | Meta Platforms Inc. (META) | | Energy (XLE) | Eli Lilly & Co. (LLY) |
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