A Market Trapped Between (still very real) Inflation & Mounting Recession — Don’s Daily Brief

by | Nov 21, 2022

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We’re still trapped between the inflationary fears — which, despite a better-than-expected Fed report, are still a very clear and present danger

And the growing signals — massive layoffs all around, shrinking home sales, etc — that a recession is in the cards next.

With the short holiday week, low trading volume, and no clear bias in the markets… there’s no real clear signals about where the market is going next.

► But there is a single stock you should focus on for today’s FREE pick: ON

The Volume Profile tells me its headed south — but only if it hits one critical level.

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👉👉 Our total now comes to 29 winners since we started in mid-August! (just 18 losers in that same period, with small losses in each)

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The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.

ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.

The top idea from his daily scan ends up here.

For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.

WRITTEN BY<br>Ileana Wolfort

WRITTEN BY
Ileana Wolfort

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