Stocks Are Trying to Carve Out a Bottom – Here’s What I Think

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLW5vY29va2llLmNvbS9lbWJlZC9Sb2hhN0RQekY1Zz9zaT1RT0tLTnVvVEJKODhKNDVjIiB0aXRsZT0iWW91VHViZSB2aWRlbyBwbGF5ZXIiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYWNjZWxlcm9tZXRlcjsgYXV0b3BsYXk7IGNsaXBib2FyZC13cml0ZTsgZW5jcnlwdGVkLW1lZGlhOyBneXJvc2NvcGU7IHBpY3R1cmUtaW4tcGljdHVyZTsgd2ViLXNoYXJlIiByZWZlcnJlcnBvbGljeT0ic3RyaWN0LW9yaWdpbi13aGVuLWNyb3NzLW9yaWdpbiIgYWxsb3dmdWxsc2NyZWVuPSIiPjwvaWZyYW1lPg==[/video_player]

The markets’ mood has soured – that much is obvious. There are worries about inflation – also obvious if you look at the bond market.

That makes tomorrow morning’s CPI data release critical. It could make or break the action in the bond market but in stocks as well.

Crude oil is at a critical level but I’m encouraged by what I see in crypto right now. See, if the mood had gone completely risk-off, Bitcoin would be plunging, but that’s not what’s happening.

More than that, earnings season (and Don’s earnings flip trade!) is right around the corner – this could be a massive profit catalyst.

So tonight, let’s run through what I’m seeing out there, where the opportunities are, and what’s ahead for the markets…

More from TheoTrade

One Print Set Monday’s Ceiling

Nothing The Treasury Is Doing Right Now Is New

Price Action Is Less Random Than You Think

Your Flat Day Was Actually a Loss

Map The Cliff Before The Market Falls

Bulls Need to Put Up or Shut Up


Most Recent

One Print Set Monday’s Ceiling
Nothing The Treasury Is Doing Right Now Is New
Price Action Is Less Random Than You Think
Your Flat Day Was Actually a Loss
Map The Cliff Before The Market Falls

Get educational market insights sent right to your inbox.

As Seen In