- Bullseye Trades
- Posts
- Inflation is old news. I’m looking at *this*
Inflation is old news. I’m looking at *this*
I hope you are too
Another week, another report that underlines what I’ve been saying: Fed hikes and inflation are likely to be yesterday’s news.
Investors everywhere are asking themselves, “What inflation? I don’t see it.”
Huh???
Funny how the markets go sometimes.
Just a month ago, everyone was panicking about interest rates crippling our economy and the bears were forecasting outlandish doomsday scenarios.
Today, it seems the market completely brushed off those fears and traders are tripping over themselves to buy stocks.
And you know the classic saying: buy the rumor, sell the news.
Once again, the cooler heads (like me!), prevailed. It turns out the world is not ending, despite what you might see on social media.
Well, that adage is what smart traders ought to do. It’s certainly not how ordinary investors behave, as we can see from today’s market-wide rally:
Credit: @unusual_whales
Now, I don’t think it’s a mistake to buy stock into news like we saw today. Clearly, if you did, you made a few bucks today. Nothing wrong with that!
But as always, I’m on the lookout for stocks that can generate outsized moves.
There’s one company that caught my eye today because even though the S&P and Nasdaq posted their best days since April, they still climbed only 1.91% and 2.37%, respectively.
On the other hand, the stock in question ratcheted up 5.75%, and my indicators are screaming that this move is only preliminary.
I say that because I just saw this stock make a nearly triple-digit move in a matter of days a few weeks ago.
And right now, I think it is poised to do something big again!
To add fuel to the fire, the company I am going to show you tomorrow has practically been a printing press of good news — and that can be the single biggest driver for the future stock price.
As always, I haven’t been blessed with a crystal ball, but I will call it like I see it, and tomorrow, I’ll be calling it bright and early, right when the market opens…
You know what they say, the early bird gets the worm 🪱
Well, I don’t have any worms, but if you check back in with me @ 9:30am EST, I promise to have a great stock idea ready for you to look at.
So stay tuned to your inbox 📬and keep an eye out for what I think is the only stock that deserves your attention tomorrow.
To Your Success,
Questions or concerns about our products? Email [email protected] © Copyright 2022, RagingBull
DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull.com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.