The stock market IS GOING TO GO DOWN TOMORROW If Jerome Powell & The Dot Plot comes in more hawkish than everyone is expecting right now. The final FOMC of the year will be tomorrow and with the S&P nearing all time highs, a lot is riding on the meeting and most investors are expecting a bullish response. 3 months ago when the Summary of Economic Projections was released, investors thought the same thing only to be surprised by the Terminal rate expectation, despite inflation going lower. If this happens again tomorrow we will have a volatile trading day, if not, the bulls will get rewarded with more highs and a bullish start to stocks in 2024. I go over what to expect from the FOMC tomorrow and the trading strategy around the Fed. I explain what you need to watch right when the data comes out and the factors that could influence a positive or negative reaction. After this brief market recap and stock analysis, I go over my portfolio and 3 stocks for tomorrow. I will be watching 1 trade in particular that I made an option play on and explain why it could be a huge breakout if things go good. Then I go over some more stable stocks that could either benefit off of Powell or their own individual news.
THIS IS NOT A RECOMMENDATION OR FINACNIAL ADVICE I AM NOT A LICENSED FINANCIAL ADVISOR
POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
