🟢 BOOKMAP DISCOUNT (PROMO CODE "BM20" for 20% off the monthly plans): https://bookmap.com/members/aff/go/figuringoutmoney?i=79 🟢 TRADE IDEAS & DISCORD: https://www.patreon.com/figuringoutmoney 🟢 TRADE WITH IBKR: http://bit.ly/3mIUUfC __________________________________________________________________________________________ In this Stock Market Brief, Michael Silva discusses the latest news that impacted the financial markets after hours and its potential implications. Fitch downgraded the US credit rating from AAA to AA+ for the first time since 2011, leading to discussions on its possible effects on the stock market.
Michael analyzes historical events when such credit downgrades occurred in the past, pointing out the importance of monitoring key assets like the 10-year yield and the US dollar for potential market reactions. He also highlights upcoming earnings reports from big companies like Apple and Amazon, which may increase market volatility.
The video covers various technical aspects, including trend analysis and expected price movements for the S&P 500, NASDAQ 100, Russell 2000, and Dow Jones. Michael emphasizes the importance of being cautious during this period of volatility and recommends key levels to watch for potential buying or selling opportunities.
Additionally, he shares insights into crypto-related equities like Mora (MARA) and Riot (RIOT) and their potential upside if the crypto market experiences another rally.
Stay informed about the market's current status and potential opportunities by watching the full video. Don't forget to subscribe to the channel for more valuable stock market insights.
High Volatility Scan: ○ https://youtu.be/VC327ko8DfE ______________________________________________________________________________________________ DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
