loader image

October Has Been Great for Trading, but Watch Out for the Fed

by | Oct 28, 2022 | Market Outlook

 

View this post on Instagram

 

A post shared by WealthPress (@wealthpressofficial)

October has been an awesome month for the market, and I think November could also be strong depending on what comes out of the Federal Reserve’s next meeting.

Inflation is still sticky and the Fed is likely to raise rates another 0.75% — this is 100% obvious to me… And I expect the market to rally into the next Federal Open Market Committee (FOMC) meeting, which starts Nov. 2.

If the Fed is a bit more dovish in tone about future hikes ahead of the midterm elections, the market could rip. But if the Fed decides to play spoiler, busting up the party like cops at a high school kegger, we could see some nasty moves down.

Check out my quick hitter video up top and let’s discuss — and be sure to give us a follow on Instagram!

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! Don’t forget to like, subscribe and leave us a comment!

You can also join my free Telegram channel, where I share market insights real time throughout the week, articles, videos and more!

P.S. Coming Soon: A Republican Takeover of Congress

I know you’re busy, so I’ll be brief.

I’ve spent the past several months preparing for the inevitable Republican takeover of Congress… despite the liberal media’s best efforts to pretend it wasn’t coming. 

Here’s why you should care as an investor… 

This political earthquake is about to cause a massive shift in a $54 trillion market… 

And I want to make sure you’re prepared for what’s coming. 

That’s why I put together this special LIVE event for 1 p.m. EDT on Nov. 1. 

If you’re not ready for the massive change coming to the stock market in the coming months, you could be missing out on a critical opportunity. 

Click here now to secure your spot!

WRITTEN BY<br>Jeff Zananiri

WRITTEN BY
Jeff Zananiri

What to read next

Have any questions? Contact Our Customer Service Team