I want to share a special flash trading session we did live on Thursday because there’s a lot to talk about in regard to the markets, especially from a macro perspective.
We’ve had a face-ripper of a rally this week (and month, see chart below), in the Nasdaq 100-tracking Invesco QQQ Trust Series 1 (Nasdaq: 100) in particular, on the back of the most obvious 75-point rate hike in history.
So as I’ve been saying for a couple of weeks, I’m bullish… for now.
But I also believe this is a “fake out, break out” that will come back to bite a lot of people just when they think it’s safe to go back in the water.
In the video, we covered Apple earnings, the bond market, a deep dive into trade ideas in stocks like Amazon and how I analyze potential moves, the major indexes and where I see things heading in the near term, including resistance.
I even went over exactly how I pick trades for our Burn Notice strategy and more!
Be sure to check out the 20-minute session — and keep your eyes on your inbox because we’ll do these flash trading sessions more often.
Are there any topics you’d like to see me cover or questions you’d like answered? Send me an email at jeff@joyofthetrade.com! And be sure to stay ahead of the markets by subscribing to our YouTube channel and our Instagram page for all of the latest!
We haven’t seen investors pull their money out of the market at a rate like this in years…
Meanwhile, the Federal Reserve just met and raised interest rates another 0.75%.
And while others panic, I’m prepping for some of the biggest overnight turnarounds we’ve ever seen…
Starting with Monday’s overnight trade opportunity!
And based on what the market internals and global economy are showing right now…
I believe we’re just at the beginning of a…
