Global stock markets and U.S. futures are mostly lower this morning despite the Federal Reserve saying it will continue to support the economy to help keep everything running without a hitch. 

The Nasdaq rose 1.2% Monday. But if you look at the number of Nasdaq 100 stocks trading above their 200-day moving averages, it’s 80 out 100. We don’t usually see that high of a figure. And when we do, we tend to cool off. So I don’t anticipate us staying here long. 

But let’s see how far that goes…

In today’s video, I’ll show you if the tech sector is ready to move higher… how much the iShares 20+ Year Treasury Bond (Nasdaq: TLT) could bounce back… which sector to focus on right now… and three pullback stocks on my radar right now. 

You can find the first pullback stock in the Financials sector. It looks like it just hit its highest high, only to bounce back to its 50-day moving average to flush out weak hands. So in other words, I see this stock moving even higher! 

 

P.S.   Did you know that some of the world’s most popular stocks are within your wheelhouse… and it doesn’t matter if they go up, down or sideways? 

Wall Street legend Chuck Hughes has a brand-new strategy that’s giving everyday traders the chance to profit on thousands of stocks….

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It’s his latest discovery, and he’s already used it to signal winner after winner, even when markets are turbulent… 96.3% of the time! 

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What to Expect as FAANG Stocks Prepare to Report

What to Expect as FAANG Stocks Prepare to Report

The major indexes slumped as investors brace for a busy week of earnings and the Federal Reserve’s latest interest rate announcement — and more in Monday’s stock market recap. The Federal Open Market Committee meeting starts on Tuesday, with the Fed expected to...

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