The BREAKING Point For The Stock Market
LIVE TRADING CHANNEL: https://www.youtube.com/TheStockMarket
The stock market is in store for another volatile week as the long awaited CPI can trigger markets to respond to bonds. The economic data isn't the scary part though, the fact the market is holding at a very key long term support level highlights the importance of this week. If earnings & CPI disappoint, we can easily see wave 3 and volatility return. But if earnings from DIS, UBER, EXPE & several others can keep the momentum from AMZN & SNAP last week, we will quickly be at fully recovery levels. Its a very pivotal week and the data and earnings will be the drivers. There was also a lot of news over the weekend like NKE & AMZN being interested in PTON and updates on crude pricing. There will be a lot of little events throughout the week beyond the CPI but the main focus will be clear. I also go over my 3 stocks to watch for this week as I think the earnings will provide a little more support this week and there will be some good plays. ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
NONE OF THIS IS A RECOMMENDATION .
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Merch: http://www.collectcult.com
How to pick stocks for your long term portfolio: https://www.youtube.com/watch?v=_VzDJ...
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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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