[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]
[/video_player]
The headwinds are blowing stronger and stronger, but most stocks are still defying gravity and, in a lot of cases, common sense. All three big indexes were looking strong in late trading today.
And this is all despite the fact that we got a hotter-than-expected CPI report this morning.
But Bitcoin, which, along with gold, has been beyond hot lately, racked up a 1.2% loss by 2 PM. Ether was off more than 2.6%. At this point, a pullback in cryptocurrency could mean the market is pivoting to a risk-off stance.
So let’s get while the getting’s good. There are a few Magnificent Seven stocks with favorable risk/reward ratios right now, along with some other names in AI. A lot depends on how interest rates finish this week.
So let’s have a look…
