Powell Is QUITTING

The stock market was a wild ride today as the FOMC & Jerome Powell found a way to relieve markets while adding uncertainty. I go over what happened in the stock market today, the bullish & bearish aspects of Jerome Powell's press conference, key inflection points during the speech and the biggest changes to the FOMC. The simple conclusion from today though was that Powell has a lot out of his control and he will be at the mercy of the data and whatever the futures price. That being said, don't expect market volatility to disappear anytime soon and get ready for more volatile economic data releases. After this brief market recap, I go over my portfolio and stocks to watch. I go over TLT stock and why bond yields will be key to watch over the next few days and what is necessary for a trade. Then I go over XLU & utility stocks as a potential safe haven. Finally I go over MO stock and why consumer staples & defensives could make a comeback. EITHER WAY 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.