Visibility: Public
Read/Watch Time: 46 minutes (good way to invest your time)
It’s a Critical Time for your money.
Let’s Fed Watch to see how much the Fed Funds Interest Rate may go up. Here’s the news… Fed Chairman Jerome Powell told us that there is a 0.75% rate increase.
He also lets us know that ongoing rate increases are appropriate. Let’s break some stuff!
As you watch the video, try to find trends that are working. Are you losing money? Can it get worse?
There are a couple of nuggets toward the end but please remember our 4th Pillar… If Nothing is Working, Buy Nothing.
I guess it’s probably a good idea to remember our 3rd Pillar as well… Sell What is Not Working.
It’s tough to make money with the VIX at elevated levels.
Cash is a possible strategy and should be allowed (when needed) up to 100% in any portfolio IMHO.
Please feel free to teach this to your family and friends. We appreciate the referrals.
Here’s the link to the vid: https://squiggletrader.com/wp-content/uploads/2022/06/Markets-Update-Fed-Watch-06152022.mp4
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer
This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted.