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US Stock Market Technical Analysis Today - 10-20-2024 at Grok Trade by d-seven
Trading Mentor: https://www.groktrade.com/tradingmentor.html
It's been a week of records, anticipation for Fed action, and a general vibe of optimism, sprinkled with
corporate earnings drama
Record Highs: The Dow and S&P 500 hit new record highs, thanks to tech stocks and solid earnings reports.
Inflation's Chill: Inflation's cooling off, with the CPI showing the slowest annual increase in a while.
Fed's Next Move: Everyone's betting on the Fed cutting rates soon, which has markets buzzing.
Earnings Season: Companies like Netflix boosted the market with strong earnings, while others like Oracle and GameStop also made headlines.
Economic Data: We got a mix bag with jobless claims slightly up but still lower than expected, and consumer sentiment holding steady.
Market Mood: Despite some economic data, the market's on a roll, with the S&P 500 nearly touching its all-time high again.
Sahm Rule conforms a recession
Yield Inversion is confirmed (Recession indicator)
US Debt - ~$36T
Stock market technical analysis today shows that the markets may be toppy.
#stocktrading #technicalanalysis #investing
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DISCLAIMER: This US stock market technical analysis today trading video is on advanced technical analysis on the US stock market this week and any stocks mentioned are for you to research after consulting with a registered investment advisor.
This US stock market technical analysis today trading video is on advanced technical analysis on the stock market this week and any stocks mentioned are for you to research after consulting with a registered investment advisor.
All of Grok Trade's technical analysis videos are for educational purposes only. Our videos are not delivered by a registered financial advisor.
All securities mentioned in this stock market trading video should be carefully reviewed for suitability by a registered financial advisor. And please keep in mind that our stock market 2023 stock predictions are simply a guess, and the stocks to watch this weekend are not a recommendation to buy or sell. As mentioned and to make sure there is no confusion, the US stock market technical analysis this week dives deep into technical analysis to help traders choose market sentiment and is not an endorsement to buy or sell any security. Our next 3-Day Intensive 301 Mentorship is coming up soon. Click the link above and choose to be trained by a savvy trader through Grok Trade's mentoring program.
The stock market technical analysis this week may have stocks to trade but any mention is strictly for educational purposes only. Again, we are required to say, "Always seek out a financial advisor." d7 called the 2008 and 2022 market crash, but there is never any guarantee of calls made by anyone include any Grok Trade mentor. This stock market trading video is on advanced technical analysis on stocks to trade after consulting with your investment advisor. These technical analysis videos are for education purposes only.
US stocks to trade market analysis is not delivered by a registered financial advisor. All stock picks should be carefully reviewed for suitability by a registered financial advisor. The stock market technical analysis this week dives deep into technical analysis to help traders choose market sentiment daily. This trading video on the stock market today is for educational purposes only. This US stocks to trade today for today is for educational purposes only. Again, we are required to say, "Always seek out a financial advisor."
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