EPISODE · Feb 13, 2023 · 35 MIN
#07/23 - Volatile Trading Week Ahead - CVX, GOLD & ZOM
from Trading Tips With Jim Stromberg · host Jim Stromberg
Get ready for a rollercoaster of a week as crucial inflation data is set to hit the markets on Tuesday and Friday. Will Fed Chair Powell and the Fed's predictions hold true about inflation tapering off, or will we continue to feel the burn? Despite some easing of overbought signals last week, the technical indicators suggest a potentially rough end to the trading week. But don't worry! Correction is a natural part of the market process and can be a healthy sign. With Nasdaq sitting high in its trend, there's a chance we may finally see the confirmation of a bull market - but only if the correction doesn't go too far. Stay ahead of the game by tuning into our podcast, where we'll balance risk by discussing top holdings like Chevron, Barrick Gold, and Zomedica as we wait for the bull market to emerge.
What this episode covers
Get ready for a rollercoaster of a week as crucial inflation data is set to hit the markets on Tuesday and Friday. Will Fed Chair Powell and the Fed's predictions hold true about inflation tapering off, or will we continue to feel the burn? Despite some easing of overbought signals last week, the technical indicators suggest a potentially rough end to the trading week. But don't worry! Correction is a natural part of the market process and can be a healthy sign. With Nasdaq sitting high in its trend, there's a chance we may finally see the confirmation of a bull market - but only if the correction doesn't go too far. Stay ahead of the game by tuning into our podcast, where we'll balance risk by discussing top holdings like Chevron, Barrick Gold, and Zomedica as we wait for the bull market to emerge.
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#07/23 - Volatile Trading Week Ahead - CVX, GOLD & ZOM
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