Will the U.S. Be out of Step on Rates?

Canada and Europe just cut

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JUNE 11, 2024       PROSPERITY PUB MARKET TALK Will the U.S. Be out of Step on Rates? Big news on the horizon: tomorrow, the Federal Reserve wraps up its meeting and we’ll finally get the scoop on what’s happening with interest rates. There's a lot of buzz about this, and for good reason. Wall Street's been on a rollercoaster, and this year started with the market expecting as many as 6 rate cuts.  But inflation’s been stubborn, and the U.S. economy has  been showing some serious muscle, making a rate cut far more difficult for the Fed to justify. So, what’s the big deal? Well, for starters, the Bank of Canada and the European Central Bank have just completed their first rate cut. If the Fed cuts rates, it’ll sync up with other central banks like the ECB, potentially smoothing out global markets and giving economies a little boost.  But if the Fed decides to keep rates steady, or even hike them, things could get wild. Higher US rates would attract a ton of foreign cash into our markets, driving up asset prices and making it even harder for the Fed to fight inflation. But it’s not just about what might happen in the U.S. A rate hike here could mean trouble abroad. Countries with lower rates might see their currencies weaken, making it tough to import goods and keep their economies humming. Europe, in particular, could feel the squeeze. We’re in for an interesting ride, folks. Stay tuned for tomorrow’s Fed announcement Stay tuned for what’s sure to be an impactful decision! — The Prosperity Pub Team   The Secret to Automated Wins Imagine not having to watch the market constantly! Nate Tucci’s Automated Options strategy closes trades trades for you… See how traders from every experience level are trading the Automated Options way! Click now to register your spot! SCOTT WELSH’S TICKER TALES Time for TV? (OLED) TVs aren’t the hot status item they were years ago, but we all still have them. And companies are still providing the parts for them. OLED (Universal Display Corp.) is one of those companies. It basically makes the parts that make the lighting on our flat-screen TVs. While the sector hasn’t been setting anything on fire, OLED is surging toward a possible breakout. Here’s the chart:   If it breaks above $194.84, it could make a nice move. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.

JUNE 11, 2024 PROSPERITY PUB MARKET TALK Will the U.S. Be out of Step on Rates? Big news on the horizon: tomorrow, the Federal Reserve wraps up its meeting and we’ll finally get the scoop on what’s happening with interest rates.   There's a lot of buzz about this, and for good reason.   Wall Street's been on a rollercoaster, and this year started with the market expecting as many as 6 rate cuts.    But inflation’s been stubborn, and the U.S. economy has  been showing some serious muscle, making a rate cut far more difficult for the Fed to justify.   So, what’s the big deal?   Well, for starters, the Bank of Canada and the European Central Bank have just completed their first rate cut.   If the Fed cuts rates, it’ll sync up with other central banks like the ECB, potentially smoothing out global markets and giving economies a little boost.    But if the Fed decides to keep rates steady, or even hike them, things could get wild.   Higher US rates would attract a ton of foreign cash into our markets, driving up asset prices and making it even harder for the Fed to fight inflation.   But it’s not just about what might happen in the U.S. A rate hike here could mean trouble abroad.   Countries with lower rates might see their currencies weaken, making it tough to import goods and keep their economies humming. Europe, in particular, could feel the squeeze.   We’re in for an interesting ride, folks. Stay tuned for tomorrow’s Fed announcement Stay tuned for what’s sure to be an impactful decision!   — The Prosperity Pub Team   The Secret to Automated Wins   Imagine not having to watch the market constantly!   Nate Tucci’s Automated Options strategy closes trades trades for you…   See how traders from every experience level are trading the Automated Options way!   Click now to register your spot! SCOTT WELSH’S TICKER TALES Time for TV? (OLED) TVs aren’t the hot status item they were years ago, but we all still have them.   And companies are still providing the parts for them.   OLED (Universal Display Corp.) is one of those companies. It basically makes the parts that make the lighting on our flat-screen TVs.   While the sector hasn’t been setting anything on fire, OLED is surging toward a possible breakout.   Here’s the chart:   If it breaks above $194.84, it could make a nice move.   We’ll keep an eye on it.   Happy trading, — Scott Welsh   P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub