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The stock market hit another yearly low today with the S&P erasing all the gains from 2021. Less than 24hrs after the biggest rate hike since 1994, many traders, investors and banks all came to the same conclusion that central banks are losing control of the narrative. I go over what happened in the stock market today and why stocks fell, as well as the main things beneath the surface that really drove the large moves we saw today. Tomorrow will be all about the $3.4 Trillion option expiration and the BOJ so it should be straightforward, however the levels we hit tomorrow will say a lot about investor confidence and where we are going from here. After this brief market recap, I go over my portfolio and stocks to watch as well as the trades I made today. I will be watching AMZN stock if it drops below $100 & COST as a rollover play and given its recent strength. EITHER WAY ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
LIVE TRADING CHANNEL: https://www.youtube.com/TheStockMarket
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How to pick stocks for your long term portfolio: https://www.youtube.com/watch?v=_VzDJ...
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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