Insider Financial recaps last week's stock market action and covers the economic data and earnings releases that will impact the markets this week.This video covers SPY, QQQ, IWM, DIA, USO, GLD, TLT, BTC, NVDA, TSLA, NFLX.
MARKET SUMMARY
Markets remain weak amid uncertainty regarding the Israel/Hamas war, strong economic data, rising bond yields, and political gridlock in Washington. The Biden administration also unveiled new restrictions on chip sales to China. We will watch Microsoft, Meta, and Amazon earnings for direction this week, along with bond yields. VIX remains elevated above 20.
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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Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.