Global stock markets and U.S. futures are mixed this morning despite the S&P 500 closing Thursday at a record high.
But look at the Nasdaq, folks…
It was down 175 points as I filmed this video! And if you look at its chart, the Nasdaq hit its 50-day moving average, just like I expected, but backed away from that level, which tells me momentum levels still need to cool off.
In today’s video, I’ll cover why the Nasdaq is struggling so much today… the biggest factor impacting large-cap tech stocks right now… what the PPI report will tell us about inflation… how to take advantage of the current market cycle… one hot energy stock to watch… and one weak tech stock you’ll want to sell, short or liquidate.
P.S. Most folks don’t know this… but Wall Street runs on a secret calendar.
It trades some of the same stocks on the same date every year!
Thanks to this calendar, it doesn’t matter if a stock has been struggling or if market conditions are terrible… when the dates roll around, these stocks generally go up!
All you need to know is when these stocks could skyrocket… and you have the potential to unlock consistent winners all year long.
Legendary trader Tom Busby’s proprietary dashboard alerts him when a stock’s “Prime Window” is approaching… and he wants to give you access to it.