It's Looking GOOD
The stock market looks like its setting up for a bullish week as futures rally on the market holiday. A lot went down over the weekend from bitcoin crashing and holding 20K to China refusing to raise rates and more declines in oil & the dollar. All of this sets up for a potentially bullish week as investors await another set of economic data and 2 speeches from Jerome Powell before congress. There will also be another semi-annual bank stress test. All of this is setting up for an exciting week, and after hitting lows last week, many traders are calling for sellers exhaustion. After this brief market recap, I go over my portfolio an stocks to watch this week. I will be watching bank stocks to play the stress tests. BITO stock to see if we get more volatility in bitcoin & crypto as the week develops. Then finally ORCL stock if we do in fact stage some sore of relief rally. 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.
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