The Nasdaq is down pretty big this morning, which is not random… 

Things just aren’t looking great right now when you take a peek under the hood. However, algos are hitting one sector particularly hard as they dump tech stocks.

Momentum is weakening and favoring the bears, and I believe we’re going to head lower with the market likely to give up the ghost next week…

Highlights in this morning’s “Premarket Must Watch” video:

  • 🐻 Momentum levels are favoring the bears.
  • 💸 The Fed is likely to raise rates again soon as the fight against inflation continues. 
  • 🏥 One sector I really like right now.
  • 📉 The European and Chinese economies are showing signs of weakness.
  • 📈 Trupanion and 3M have positive news while financial and energy stocks struggling

P.S. A Storm Is Coming — Prepare Now!

Folks, volatility right now is shockingly low, with nowhere to go but up — especially in a market that’s getting weaker by the day. 

I have a strategy that I originally developed for the super volatile futures market… 

And then I redesigned it to help traders capture short-term price movements, allowing us to get in and out of stocks quickly. 

It’s absolutely perfect for a market that’s on the brink of a major shakeup, a market just like this.

Not only that, but for a limited time, you can get this strategy for just $7 — that’s right, 7 bucks! 

You can’t even get lunch at McDonald’s these days for that price!

Better Than the Price of a Big Mac Meal!