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Month: November 2022

11/25/22 “Majority:” Slower Rate Hikes Ahead – NAILED IT!

News: On Wednesday, markets climbed higher and reacted positively to the release of the November Fed FOMC minutes. All 4 indexes ended the day higher… The minutes showed the decision to raise rates in November was unanimous. Looking ahead … “a substantial majority of participants judged that a slowing in the pace of [rate] increase[s] …

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11/21/22 Your Short Thanksgiving Week Outlook

News: On Friday, the markets finished without much change…  All 4 indexes posted modest gains… Sector Round Up 9 of 11 sectors ended the day higher. Leading the charge… The losers… Bitcoin’s Bulls A Wall Street Journal report states, “a record high …13.5 million bitcoins, roughly 60% of the circulating supply, haven’t been moved in …

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11/14/22 Bitcoin’s New Dawn, Retail Earnings, Real Estate Data

News: On Friday, markets opened near flat and climbed throughout the day. Stocked marked their second day of gains after last week’s slowing inflation reading. Risk-on stocks were the clear winners of the day. This is notable, given it was a Friday, and the elections were still unsettled. Sector Round Up The gains were lopsided …

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11/11/22 The Day The Bears & Corporate Crypto Died

News: As predicted, the CPI reported destroyed election uncertainty. The report, building on our case that inflation peaked in June, showed that inflation eased… As soon as the report dropped, buyers stormed the markets and didn’t allow a single bear to survive. The Nasdaq logged the largest percentage gain since the market bottom of 2020.  …

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