The market is blowing the froth off the top of the market that retail investors had created with highly speculative stock purchases. Thursday’s massive market pullback was absolutely justified.
Jerome Powell and the rest of the dovish Fed have set their sights on 0-25 basis-point interest rate range for the next couple years. Still, Chairman Powell had a decidedly bleak outlook on the swiftness of the US’s economic recovery, alluding to the notion that the stock market needs to check its risk/reward levels. This led to the broader market drop off that we experienced on Thursday.
Keep your eye on the S&P 500’s 3,000 point level as it is being used as a support, and if we drip below 3,000, we could be in for another market breakdown.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The market is blowing the froth off the top of the market that retail investors had created with highly speculative stock purchases. Thursday’s massive market pullback was absolutely justified.
Jerome Powell and the rest of the dovish Fed have set their sights on 0-25 basis-point interest rate range for the next couple years. Still, Chairman Powell had a decidedly bleak outlook on the swiftness of the US’s economic recovery, alluding to the notion that the stock market needs to check its risk/reward levels. This led to the broader market drop off that we experienced on Thursday.
Keep your eye on the S&P 500’s 3,000 point level as it is being used as a support, and if we drip below 3,000, we could be in for another market breakdown.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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