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Despite U.S. gross domestic product topping expectations once again and companies reporting earnings growth that's way up, there's still increased inflation.
It doesn't matter where you are.
If you have your head up in this world, there's inflation. I mean, the Federal Reserve just told us it increased 5.4% during June from the same reading a year ago.
And it has a lot of traders and investors uneasy about the future...
But because it's my job to help you guys figure these things out, I'll show you the best stocks to own when markets turn sour. Now, these are highly defensive stocks traders add to their portfolios during times of uncertainty, which is exactly what we have right now.
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Protect Yourself | *clicking these links will automatically subscribe you to Roger Scott emails | | Roger's Radar: 2 Stocks to Fade After the Big GDP Miss
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| The gross domestic product for the second quarter of 2021 grew at a solid rate but missed forecasts. Weekly jobless claims fell after a rise in claims this past week. Federal Reserve Chair Jerome Powell kept a reserved tone on Wednesday, giving no hint of a new timeline for changes in monetary policy.
The market is vulnerable and stocks could be choppy in the near term. So I've picked out two gap-up stocks to short right now.
In this video, you'll discover why Thursday's Fed report is highly instrumental to market action… whether stocks are ready to trade higher again… whether large caps are still overbought compared to small caps… the best way to trade this market right now… and two hot gap fades.
| Don't Miss Out | *clicking these links will automatically subscribe you to Roger's Radar emails
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