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- This indicator was the key to this week’s action
This indicator was the key to this week’s action
It can help you tremendously
Seems like I have been doing a lot of favors lately.
And you know what?
There’s nothing else I’d rather be doing.
That’s why I am about to do two more favors just for you, RagingBull’s loyal members.
Now, if you read Tuesday’s edition of RagingBull Insider, (the exclusive email I send out only to our best members) you saw me warn of impending Fed-induced volatility 🆘.
Specifically, this week’s jam-packed schedule of FOMC members’ speaking engagements, and the likelihood that these “string pullers” of several financial markets would move markets this week.
Well, as this chart shows, Fed Chair J-Pow did not disappoint.
I tried to warn you before this happened…
When I was first starting out in this business, I did everything in my power to get access to the best tools to help me navigate the market’s never-ending swings.
Unfortunately, one of the best tools is out of reach for the average trader.
I’m talking about a Bloomberg terminal.
Folks, if I told you that one basic Bloomberg license costs north of $2,000 per month, would you believe me?
Well, it’s true.
There is literally no end to what you can find on one of these beasts.
But one of the most popular functions is the live news feed.
It’s the type of tool that would have come in very handy as Powell was talking on Thursday, so that you could understand how the market treated his critical insights about the Fed’s outlook on rates, inflation, and the economy.
As promised, Uncle Jeff is about to do you another favor.
Remember when I turned you on to how the “Not Jim Cramer” X (formerly Twitter) account helped people fade Jim Cramer’s horrible trading record?
Well, the next time there is a potential market-moving event taking place that you don’t have access to, or if you are sitting in front of the screen and you see the market move in a big way with no free news to explain why, @DeItaone, AKA Walter Bloomberg, on X (formerly Twitter) can be a very helpful tool.
This guy basically copies and pastes every important headline from his Bloomberg terminal throughout the day, almost in real-time.
And as you can see from this screenshot, this tool helped highlight some of the very hawkish Powell comments that whacked the market on Thursday:
I can hear you now saying, “But Jeff, J-Pow said the Fed is going to remain on hold for now when it comes to rate hikes.”
Just remember what Uncle Jeff has told you MANY times before…the FOMC is almost never right when it comes to timing its policy changes.
Speaking of inflation possibly remaining higher for longer, I also did my Bullseye Unlimited members a favor by introducing this gold-related narrative and trade idea last week…
And what has happened since?
BOOM! 🚀
Trading is hard, results not guaranteed and should not be expected to be replicated typically
And with that, here’s my next favor folks.
I am going to be paying VERY close attention to gold in the coming months.
Why will gold be on my radar for so long?
Because my technical analysis has spotted what is developing as a MONTHLY “bullish engulfing” candle.
Folks, I have been trading for more that 20 years and I know that monthly engulfing candles ARE a big deal (think Ron Burgundy)...
It tells me that the odds gold has bottomed are high, so I will be looking for opportunities to make a lot of my upcoming trade ideas come from this sector.
Folks, as part of my Bullseye Unlimited service, I am making the most ambitious trading journey of my 20+ year trading career to find and alert 200 trade ideas that have the potential to move 100% or more, over the next 12 months.
Just like my NUGT trade idea above, these are AI-Driven trade ideas, confirmed by my own trading instincts and indicators.
And it all comes with this Ironclad Guarantee:
When you add in other recent ideas like this week’s NVDA puts trade (do you know anyone else who started this week off betting against NVDA??)…
Trading is hard, results not guaranteed and should not be expected to be replicated typically
And the ABNB trade idea…
Trading is hard, results not guaranteed and should not be expected to be replicated typically
I am well on my way to reaching my goal.🚀
The good news for you is there is still plenty of time to join me for the ride.
Everything you need to end 2023 with a bang is right here, but this offer will NOT last long.
I’ve lowered the pricing on Unlimited so everyone can take advantage of these incredible daily ideas.
With the market volatility like it is right now, you can’t afford NOT to have these top ideas at your fingertips.
It’s never been easier to join than right now, so make the move to upgrade to Bullseye Unlimited today!
P.S. If you have any questions about how you can get added to my “Rocket Trades” 🚀program (Bullseye Unlimited), just call Jeff Brown @ 800-585-4488 or email ([email protected]), and he would be happy to talk about any bundle packages, special offers, payment plans, and help you in any way possible.
VOTE!!! Best Anchorman quote: |
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