Week 6, 2023 | 62% Profit in META - Now Back Into Oil & Gold!
Meta cut by stop-loss last week and is now out of the portfolio after yielding 62% profit!
The current overbought status of the US market and stocks suggests a correction is on the horizon, so we're shifting our focus to safer investments in oil and gold. The recent strong job numbers have raised questions about the future of interest rates, with Fed Chair Powell's sitdown on Tuesday being closely watched. Will the Fed keep the interest rate at its current level, or will the strong job numbers push for a rate hike and potentially hurt the stock market?
Tune in to find out!
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