Insider Financial recaps Wednesday's stock market action and previews our new report on a short squeeze stock among the most new watchers on Stocktwits.Sign up below for our full report on this trending Stocktwits ticker!On Wednesday, stocks bounced as ADP and services data were weaker than expected. The bad news is good news right now. That will keep the Fed at bay and pause further rate hikes. That's what the market is betting on. Friday's employment report and next week's inflation data will be critical to this narrative. Watch $420 on SPY. That level must hold, or else $400 is in the cards.This video covers SPY, QQQ, IWM, DIA, USO, GLD, TLT, BTC, FNGR, NVOS, OPGN, VVOS, MDAI, GALT, AXLA, FEMY.
BOTTOM LINE
As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.Good luck to all (except the shorts and Cramer)!
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