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Have you guys had the chance to check out the most recent Consumer Price Index (CPI) report yet?
It was insane!
The CPI measures the average change in prices paid by households for consumer goods and services like transportation, food and medical care. And the month-to-month gain was 0.8% vs. the expected 0.2%.
The Nasdaq, which is known as the tech-heavy exchange, is now trading below its 50-day moving average. So that tells us large-cap tech doesn't like the inflation coming our way. Heck, it's already here! There are no ifs, ands or buts about that.
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Here's What You Need to Know | WE WANT TO HEAR FROM YOU!
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! | | 2 Stocks to Trade as Commodity Prices Soar
| | U.S. markets attempted to break this week's tumbler today. But this effort came with the challenge of deepening inflation worries due to a spike in the Producer Price Index.
On April 28, seven stocks were making 90-day lows and 303 stocks making 90-day highs. This week, 182 stocks are making 90-day lows and only 15 stocks making 90-day highs.
Stock markets are choppier overall, so it would be wise for investors to lower their exposure. Momentum levels are cooling off and markets are neutral, which means there aren't a lot of opportunities to the upside. However, I do like two particular stocks.
In today's video, I'll go over whether inflation is eating into stock market profits… if the Nasdaq is bouncing back or falling down… whether the S&P 500 is going to follow the Tech sector lower… the top 2 stocks in the market right now… and the top stocks investors and traders are targeting.
| Get Today's 2 Stocks | | | |
| 2 Basic Materials Stocks to Trade on Rising Inflation
| May 12, 2021
| I've handpicked the best basic materials stocks to give you today that tend to rise when inflation is present.
Continue Reading
| | | I'm Bullish on Oil for the First Time in 2 Years
| May 10, 2021
| I'm seeing names like Devon Energy, Marathon Oil and Diamondback in the top 10 out of 500 stocks... Continue Reading
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