Have you guys had the chance to check out the most recent Consumer Price Index (CPI) report yet?
It was insane!
The CPI measures the average change in prices paid by households for consumer goods and services like transportation, food and medical care. And the month-to-month gain was 0.8% vs. the expected 0.2%.
The Nasdaq, which is known as the tech-heavy exchange, is now trading below its 50-day moving average.
This tells me that large-cap tech doesn’t like the inflation coming our way — heck, it’s already here! There are no ifs, ands or buts about that.
So here’s everything you need to know about how to profit from rising inflation…
In today’s video, you’ll catch me sitting in a shopping cart. And if this inflationary pressure sticks around for much longer, we’re not going to be able to afford much in the supermarket. So the empty cart I’m sitting in will stay empty.
But here’s what you need to know about profiting from rising inflation…
The stock market is cooling off. And the number of stocks making 90-day highs and lows right now are about the same.
You see, three weeks ago, we had three stocks… five stocks… seven stocks making 90-day lows. Now we have 90 stocks making 90-day lows and highs!
So we have choppiness, potential downside and inflation coming our way.
And I want you to be ready to make money no matter which direction the market goes — up, down or sideways.
You need a strategy that makes money with bullish trends, but also one that takes advantage of choppiness like Wall Street legend Chuck Hughes’ Triple Threat strategy does.
I mean, have you seen the Russell 2000 lately?
It’s done nothing in two months!
And don’t even get me started on the Nasdaq. Its momentum levels are coming off the highest numbers we’ve seen in nearly 15 years. That means we’re going to see more volatility, and I want you guys to be prepared.
So check out my short video below to hear how you can profit from rising inflation, and the easiest way to make a profit in any market conditions.
Don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
P.S. Wall Street legend Chuck Hughes is about to share the secret behind his Triple Threat strategies.
It’s the exact same strategy that gave him the chance to grow his small $5,900 trading account into over $212,217…
In just two years!
Chuck’s never shared details with the public on how he achieved that number…
But after some major convincing, I talked him into offering a select number of traders the opportunity to not only get in on these trades, but to master the stock market.