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Jerome Powell Week....The Stock Market Is Going To Go CRAZY
The stock market is going to go crazy this week as Jerome Powell is set to speak 3 times following the first rate hike in years. At the same time, we are coming off of a huge option expiration and the rally from last week is having some investors asking if this is the time to rotate into beaten down tech from value stocks. I give a quick market recap then highlight the main things to watch for this week and what analysis to use to determine the health of the rally. It is a fairly simple week, but now the headlines from Russia & Ukraine will still be in focus and whether or not that will effect energy & commodity prices. Some traders are pointing toward crude oil dropping more this week but we will see what happens. I also go over the stocks I bought on Friday and stocks I am looking to buy this week as earnings begin to trickle in. I forgot to mention my plays on LMT & AMD, but I did highlight a new play that I think can emerge as a winner during this in-between-escalation period. 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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