| | Wednesday, June 22, 2022
| Today's Top Mover
RECESSION COUNTDOWN: 9 MORE DAYS
I'm going to start adding this little countdown every day until July 1. HOW COME?
Well, the official definition of a recession is "two non-growth quarters in a row."
And we're about to hit that exciting benchmark in just 9 days...
Gross domestic product declined 1.5% in Q1, and with experts predicting 0.0% GDP for Q2, July 1 would mark the official beginning of a recession.
That big story is going to drastically impact how we trade.
This is why you need to be listening to Garrett every frickin' day. Go right here. |
"Cannabis Is Gonna Get Torched"
Liz here with - you guessed it - a short pot trade from Mark. The great dad joke in the headline is his as well.
Full disclosure, I grew up on the wrong side of the tracks, which meant the smell of pot was constantly in the air. I asked my parents what that smell was one time, and my father said, "A skunk must have got hit by a car." (I still remember the incredibly specific and effortless confidence of his response.)
I then spent the next good few years thinking to myself, "Why won't these skunks stay out of the road?" and "Oops, there goes another one," and "Skunks are dumb."
I don't feel like buying this image, so just imagine that you're hallucinating the watermark.
ANYWAY, Mark also thinks cannabis stinks right now, and he's got some shorter-term puts for you. Go right here to grab them.
| CRYPTO Here's How The Fed's Big Move Will Affect Your Crypto
The Federal Reserve has officially started quantitative tightening -- lowering the size of its mind-boggling $9 trillion balance sheet.
The process will have impacts on everything from stocks to Treasuries to, you guessed it, cryptocurrency, and digital assets.
It might sound a little strange that a decentralized asset, independent of Fed control, will respond to a central bank policy, but there will be repercussions - and not all of them negative.
Let crypto expert Nick Black quickly explain what's happening, and what to watch for...
INFLATION-PROOF Do You Have a Supercomputer?
In the last 11 years, there has been an over 30X increase in the amount of data flowing in and out of the market daily. If you don't have a supercomputer, there's literally no human way for you to track, analyze, and act on this data... so Tom Gentile built a system to do just that.
It runs 24 hours to analyze billions of data points and essentially automates profits... and he's giving you access to its output. The most recent output was a trade that closed for a partial gain of 100% in 24 hours. The rest of that position is sitting around 180%.
Go here to see how you can get on the list for his next Mega Trade.
TOOLBOX How to Pin A Strike (A.K.A. Be A Trading Wizard)
CJ explains exactly how he pinpoints rapid moves (and you can too.)...
One question I always get asked is what pinning a strike really means. These are the types of questions I love to get!
Some people look at my projections for the market and think I am psychic, or a fortune teller and for the people benefiting from my services, they think I'm a wizard!
Really it gets broken down to a simpler explanation. It's all about the technical trading baby!
Let me show you what I mean....
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