đź’Ł Powell wrecked the markets today...

But my trade ideas still landed

*together with Immersed 

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LIVE: Jeff Bishop & CEO Renji Bijoy 

Good evening, Folks. Jeff Bishop here.

Fed Chair Jerome Powell giveth and he taketh away… wouldn’t you agree?

After serving up a rate cut last week and rallying the markets, today he dropped a bomb đź’Ł.

“[B]y many measures … equity prices are fairly highly valued,” he said during questions at a speech in Rhode Island.

That was enough to send the S&P 500 down 0.55% and the Nasdaq down 0.95%.

Days like this are a reminder of just how much influence the Fed wields over price action. Even a perfectly placed trade can get destroyed by a Powell curveball.

The silver lining was that my two “tactical trade” ideas still managed to carve out gains. (If you’re not getting those, make sure you’re on my SMS list!)

One idea hit an intraday gain of 9.5% and the other hit a whopping 29%

They both drifted lower as the markets tanked, but they still managed to close the day in the green.

That’s the beauty of focusing on the right opportunities… you don’t need a green market to find trades that can win.

I’m very excited about the “tactical” idea that will land in your inbox at 9am ET tomorrow.

Without giving too much away, this is a stock that surged more than 800% in a single day earlier this year. 

It’s gotten somewhat beaten down since mid August but its business developments have been phenomenal and it flashed a real sign of life into the close today.

Keep your eyes on your inbox tomorrow morning so you can see the full details.

To Your Success,

P.S. The best way to get my tactical ideas is to simply text “RAGE” to 1-(888) 487-1534 đꓞ. This will opt you in to my SMS. (Reply STOP anytime to opt out.)

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