Federal Reserve Chairman Jerome Powell testified to the US Senate on Tuesday. During the Senate Budget Committee’s Powell Testimony today, Powell acknowledged that the USA would have to enter a recession in order to get inflation down. Powell reiterated that his number one job is getting inflation down, even if means the unemployment rate doubles […]
Powell Testimony Today – “We Have to Bring Inflation Down” Read More »
The next 48 hours are critical for the stock market. Jerome Powell will testify to the US Senate on Tuesday and Wednesday, and his comments will either cause a stock market crash or a stock market rally. The stock market news today indicates that Jerome Powell will be dovish instead of hawkish, and that means
Stock Market News – The Next 48 Hours are CRITICAL Read More »
The stock market had a massive bounce off of the 200 day moving average on the S&P 500 last week, with the NASDAQ rising 4% in 2 days. This is a very strong bullish reversal signal, and indicates the stock market will restart the bull run that ended in January. But this week’s jobs data, as
The official government data is hiding the truth. They don’t want you to know this about the current state of the US economy. In today’s stock market news, we cover some key economic data that’s coming out this week, including the jobs data and some Federal Reserve Speeches. The stock market news this week could
Stock Market News – They Don’t Want You to Know THIS Read More »
I bought THIS stock today after reviewing the best stocks to buy now. And the stock I bought just happens to be one of Warren Buffett’s favorite stocks! We’ll also take a look at my investment portfolio to see what I’m currently holding and to see how profitable I’ve been so far this year.
I Bought THIS Stock Today – Best Stocks to Buy Now Read More »
The stock market rallied on Thursday in the face of some very bearish stock market news. It was mostly a technical analysis rally though, and THIS will determine if the stock market rises or falls over the next few weeks. Stocks may have turned bullish on Thursday, but that could all change on Friday. The
THIS will Determine if the Stock Market Rises or Falls Read More »
When it comes to stock market predictions for 2023, tomorrow is critical. The 10 year treasury yield finished at 3.996% – just below the 4% level which could crash the stock market. The S&P 500 also finished just above the 200 day moving average, another critical technical analysis level which could indicate a massive stock
Stock Market Predictions 2023 – Tomorrow is CRITICAL Read More »
Is a recession coming in 2023? New data says yes, and soon! The consumer confidence report was released on Tuesday, and this stock market news shows that consumers are expecting the USA to fall into a recession sometime within the next few months – if we aren’t already in a recession. And while the recession
Options traders are betting on the largest market crash since March 2020. Options traders are loading up on S&P put options and VIX call options. The reasons are a combination of the technicals and fundamentals. Over the past few months, the technicals have been extremely bullish while the fundamentals have remained bearish. But everything changed
Options traders are telling investors to load up on put options. That’s because the largest stock market crash since March 2020 is coming over the next few months. Options traders are betting on the fastest decline in stocks since the COVID pandemic crashed the stock market 3 years ago. The stock market crash of 2023
Stock Market Crash Coming – Largest Since March 2020 Read More »
