Market action appears random for Wednesday morning, with the Nasdaq up a bit while the Dow is down.
The bond market may see a potential rise if the Federal Reserve raises rates and the economy shows no signs of slowing.
Earnings reports are driving a lot of the action, with stocks in the Financials sector showing strong performance.
Big dogs Netflix Inc. (Nasdaq: NFLX) and Tesla Inc. (Nasdaq: TSLA) report earnings today after the close, along with several other big companies.
China’s weak economic data may prompt further stimulus measures, which could impact U.S. markets.
I’ll cover all of that and more in today’s brand-new Premarket Must Watch! I’ll also hit on whether or not tech will continue trading higher… if real estate and financials are ready to make a big move… which stocks are moving because of earnings… two stocks to trade to the bull side… one stock to trade to the short side… and how to navigate the market like a pro in the current market environment!
P.S. This Rare Event Has a Perfect Batting Average
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It’s called “The Great Divergence,” and it could be playing out again at this very moment.
The S&P 500 is up 20% from the bear market lows, and my No. 1 Great Divergence Stock looks ready to run higher.
In fact, 17 hedge funds just loaded up on shares of this company…
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