Did this secure a rate cut next week? ✂️

It could be a big boost for small stocks...

December 08, 2024

In partnership with

Good evening, folks,

I hope you’re having a fantastic weekend…

The jobs report everyone was worried about Friday turned out to be perfect.

This is why I always tell people I am not scared to trade through economic events coming up.

…They are usually good for the markets!

Plus, if you try to avoid trading around economic events, there are very few windows of opportunity to trade. 

I think too many traders are missing big moves by sitting on the sidelines too often.

The 227,000 new jobs were good enough to shore up some investor confidence in the economy, but not so good that it would dissuade Powell from a rate cut next week…

CNBC says the jobs report “virtually cements that the Federal Reserve will approve an interest rate cut.”

The market responded well with the S&P 500 closing up .25% and the Nasdaq jumping .8%.

The Santa Rally 🎅🏻 is still in full effect, and I don’t see any reason why it should break down any time soon.

I’m gearing up to chase down another exciting week of trading opportunities, and besides my Bullseye Pick of the WEEK (which drops tomorrow by the way)…

The stock at the top of my list has an amazing technical setup around $1.00.

Late last month, two “go” signals fired on it from my favorite trading algorithm and what followed was a big 35% rally.

The stock began climbing again last Tuesday and is up 16% from its lows there.

And on Friday, two “go” signals fired once again:

The stock rose about 1% on the day, but then jumped up a little in after-hours trading…

This tells me that it could be primed for liftoff 🚀.

Naturally, that’s not guaranteed, but I think this stock has massive potential this week.

I’ll be sharing all about it on this page at 9am EST tomorrow if you want to check it out.

I think this will be one of the top stocks to watch.

In the meantime, I hope you enjoy the rest of the weekend and that you rest up well for an exciting week ahead.

Prepare a fresh cup of coffee ☕ in the AM and I’ll speak with you before the bell.

To Your Success,

In partnership with

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