Pre-Market Rundown (June 18, 2021)

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

  • Siegel vs Tepper
    • Siegel: Pullback probable – Fed needs to Raise Rates
    • Tepper: Market is Just Fine after Fed
    • Split – Value/Growth Last Few Days
  • FOMC Meeting
    • Hawkish – A Little More
    • Markets Worry – For 2 hours
    • BTD on Tech, Plenty of Room Until Rate Hikes (Energy, Materials, Mining, Gold, and other Commodity groups taking it on the chin)
  • General Market Psych
    • KRI From +4 to +2
    • When Times Bad – Forecast The Future, When Times Good – Focus on The NOW
    • 24 HR News Cycle – Compressed
  • Stimulus Threats
    • Dems: If Not Bi-Partisan then $6 Trillion!
    • Infrastructure Proves Harder to Get Done Than Thought
  • China Recovery
    • Big Move on Manufacturing
    • Industrial Profits ++++
    • Past Pre-Pandemic High
  • Federal Reserve (Update)
    • Taper is coming – But Will be SLOW
    • Inflation Expectation Increased to 3.4% (1% higher for 2021-2022)
    • Nothing New – BUY BUY BUY
  • ECONOMICS
    • Generally Slightly Weaker as Pull Forward May be Over (Inflation Running VERY Hot)
    • Next Week: Home Sales, Durable Goods, GDP (3), Personal Income/Spending, PCE Prices
  • Ask About the 4-Hour Online Coaching Program

Movers

  • Stocks to Watch: CLOV, WKHS, SLV, TIGR,XLB, TLT, TBT, QQQ, TAL, MSTR, CVAC, CHPT

Your Symbols

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