Dear Loyal Reader,
We now know December’s inflation numbers — and we can expect this past week’s dead cat bounce to create a fresh wave of selling in the stocks I’m going to highlight at 4 p.m. ET today.
Make sure you head over to www.SiliconShakeout.com when we go live so you can see my favorite trading opportunity for 2023.
Talk soon.
— Mike
From: Michael Carr
Sent: Thursday, January 12, 2023
Subject: Today's the Day
Today's the Day Dear VIP Attendee,  | The Consumer Price Index news comes out in 30 minutes. Traders are waiting in anticipation, hoping to latch onto a trend for the new year.
But there’s one trend I already know we can capitalize on this year — no matter if inflation surprises to the downside or up.
Inflation can’t drop fast enough, and the Federal Reserve can’t raise interest rates fast enough, to stop the “Silicon Shakeout” from continuing to wreck the tech sector in 2023.
Many of these companies weren’t profitable when rates were low and consumers had money to spend. This year, investors will awake to the reality that these stocks will stay lower for longer.
And it will create a fresh wave of selling that we can exploit. I’m going to share all the details today at 4 p.m. ET on our Silicon Shakeout website.
Make sure you tune in. Markets aren’t pricing this in yet, and I expect earnings season (which starts next week) will leave these stocks out in the cold. This could be a fantastic opportunity to profit in 2023, so I’ll see you this afternoon at www.SiliconShakeout.com. Regards,
Michael Carr, CMT, CFTe
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