Archive Category: Precision Profits (Market Intel)

Market Intel: Inflation Data Drives the Fed Outlook

Last week’s inflation data led to a sharp shift in expectations about Federal Reserve policy. The Fed’s next meeting is November 1. Traders take positions in the Fed funds futures market to hedge their exposure to policy changes. At Friday’s close, that market indicated there was a 93.8% probability that the Fed will keep interest rates where they are at the next meeting. That’s up from a 63% probability of no change a month ago.

Read More

Market Intel: Friday Reshaped the Technical Picture

Seasonals turn bullish this week. The price pattern and sentiment have already turned bullish. Potential catalysts for an extended rally include a strong reaction to the inflation report due on Thursday or good earnings from financial companies the following day. It’s also possible that the market’s reaction to last week’s unemployment report could have ended the rally. The first few days of this week will be critical. But if we see follow through from Friday’s rally, it’s time to expect a significant up move in the market. I have more details in today’s 15-minute webinar.

Read More

Sign-up == X1904104

Conquering the Market Starts Here ...

Our experts do the work to make investing safe and profitable for you. Sign up for FREE access to our Money & Markets Daily daily emails and take control of the Markets!

Watchlist