The stock market is setting up for a truly crazy week on the heels of the S&P & NASDAQ entering in correction territory. Investors will have to juggle more earnings, geopolitical tensions, employment data and Jerome Powell. Equities took a dive on much less this week and now with this being 1 of 2 final Fed meetings this year, a lot is riding on this week. Especially for the S&P 500 support levels. The main key this week is understanding how Powell can bless a market rally or approve of tighter financial conditions. On top of that, if Powell does not raise rates as expected, it will open the door to 60 days without a rate increase. Regardless of what happens though, one thing is clear, this is a make it or break it moment for the markets this week. After this brief market recap and stock analysis, I go over 3 stocks for this week that I think will be the most important trades depending on the macro outlook.
THIS IS NOT A RECOMMENDATION OR FINACNIAL ADVICE I AM NOT A LICENSED FINANCIAL ADVISOR
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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.
