Market Rips Higher: Don’t Take This As A Sign That The Bear Market Is Over – Don’s Daily Brief
Equity market futures ripped higher on this morning’s weaker-than-expected CPI print (inflation numbers).
I would not take that as a sign that the bear market is over.
It’s more like a heroin addict got a whiff of a future score.
Meanwhile the “greater fools” in crypto are finally leaving as the Ponzi-schemes within DeFi finally blow up.
Today is not the day to trade this news. It’s a “wait and see” day. If something pops up, I’ll send out a pick.
👉👉 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.
