Our weekly webinar series – we take a look at the stocks that are moving and some key setups. Plus a look at the news and economics for this and next week.
(Scroll down for video)
Weekly Update
- Back to Work – Economy on FIRE
- Initial Claims below 600k
- Continuing Claims Lowest in Months
- Fed Dug In – Backed Into Corner (Not Budging)
- Coinbase IPO/Direct Listing
- Some Calling This Market Top Event
- Crpto’s Scream Higher Ahead of Listing
- Supply on Markets HUGE
- MARKET – ATH ATH ATH
- Massive Equity Fund Inflows
- Last 5 Months > Last 12 years
- Can This Last
- The Power Of Fiscal Stimulus
- Fed Lights the Fire
- Fiscal Stimulus = Gasoline and High Powered Fan
- Money Pouring Into Markets
- Themes
- Inflation – But Bond Yield Dropping
- KRI Heating Up Again (+4 and Clusters)
- Rotation Back to Solid Balance Sheets (Sell SPACs and Specs)
- Button Pushing
- Economics
- Base Effect – PPI HOT, CPI HOT – Transitory Narritive
- Regional Manufacturing HOT
- Retail Sales 9.8% HOT
- Stimulus Checks – PPP Programs – MONEY IN SYSTEM!
- Economics/Earnings
- Earnings Season Starts – JPM, WFC, C, – All benefit from release of loan loss reserve requirements
- NEXT WEEK – LIGHT (Initial Claims, Existing and New Home Sales)
- Earnings Season Starts – JPM, WFC, C, – All benefit from release of loan loss reserve requirements
- Ask About the 4-Hour Online Coaching Program
Movers
- Stocks to Watch: MUDS, SPCE, CTRN, GDX, SLV, COIN, VIPS, JPM, JNJ, RBLX, QS
Your Symbols
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