*WARNING* Chip Stocks Are In TROUBLE
The stock market had another low volume range bound day today, but news from INTC just put all semiconductor stocks on notice. I give a brief market recap and talk about the stocks today, then I go into my portfolio, trades & why I think there is a big warning for all chip stocks. Today started off somewhat good besides the INTC guidance cut, with China stocks helping growth stocks. However the move quickly soured as Oil made a big climb & the SEC announced a potential market overhaul. The key with the move today is that inflation fears came back as investors and analysts play economic whack-a-mole. China issues start going away, oil price goes up and bring inflation worries. All this in mind now, this is setting us up for the CPI this Friday and then the Fed next week. EITHER WAY ITS ITS GOING TO BE EXCITING, SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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