by Roger Scott | Dec 16, 2021 | Stocks
Most traders naturally flock toward large, well-known stocks — that makes sense because most are popular companies we’ve loved or heard about our entire lives. I mean, we see ads for brands like Netflix Inc. (Nasdaq: NFLX), Nike Inc. (NYSE: NKE), Costco Wholesale...
by Jeff Zananiri | Dec 16, 2021 | Stocks
Today’s watchlist comes after reviewing all the recent news in the global stock market. And I think I found a Buy It or Burn It stock that looks to be on the verge of making significant moves… In fact, the last puts we bought in this stock in the Money Link program...
by Roger Scott | Dec 16, 2021 | Market Updates
All major indices are up as the markets turn bullish following Wednesday’s Federal Open Market Committee meeting — and more in Thursday’s stock market recap. The Federal Reserve revealed its plan to raise interest rates three times next year in an effort to tackle...
by Matt Warder | Dec 15, 2021 | Stocks
Unlike mainstream financial media, I can admit when I’m wrong. I’ll be honest, I don’t like being wrong… but I’m glad I was this time. As I predicted Monday, much of our week would depend on the Fed’s December 2021 tapering announcement that came Wednesday. It’s no...
by Lance Ippolito | Dec 15, 2021 | Crypto
In Wednesday’s Blitz Daily, we take a look at pharma kingpin Pfizer as bulls targeted safety in the lead-up to the mid-afternoon Federal Reserve announcement. We saw extremely light trading Wednesday morning as Wall Street waited to see how Chair Jerome Powell...
by Roger Scott | Dec 15, 2021 | Stocks
Everybody probably knows by now that the Federal Reserve scheduled its last official meeting of 2021 this week, and that a ton of decisions need to be made. A lot of pressure has been put on Fed Chair Jerome Powell after he said the central bank might begin to taper...
by Roger Scott | Dec 15, 2021 | Market Updates
Retail sales data is out — and it’s disappointing — as we move into the final day of the Federal Open Market Committee meeting — and more in Wednesday’s stock market recap. Retail sales are important because the data makes up two-thirds of the U.S. economy. And...
by Matt Warder | Dec 14, 2021 | Stocks
If there’s one question finance professionals get asked the most, it’s what makes markets go up or down? If you happened to ask the “finance professionals” at CNBC on Tuesday, they’d have said something like “ZOMG DEFINITELY OMICRON.” Source: CNBC News flash: It’s...
by Lance Ippolito | Dec 14, 2021 | Crypto
In Tuesday’s Blitz Daily, we take a look at rideshare software giant Uber after its CEO announced the service saw its largest booking volume as omicron concerns fade. CEO Dara Khosrowshahi is turning heads Tuesday on Wall Street, commenting he’s “pretty...
by Lance Ippolito | Dec 14, 2021 | Market Updates
No matter how the market is trending, if traders want to see big moves, the stock they’re trading needs a catalyst. The most common of these catalysts involve earnings reports. But they can range from anything from short reports to planned investor events to a TV...
