Fed Chairman Powell speaks today a bit after Noon Eastern.
I think he’s going to come out very hawkish.
He needs to walk back the comments that left a very dovish taste in the market’s mouth, which has in large part led to the rally in the last week.
I think we’re going to see a sell off in risk assets over the next week.
► In particular, Gold could be affected.
To get the exact ticker along with trigger, target and stop loss, subscribe to The Daily Pick right now for just $9/mo: https://prosperitypub.com/dailypick
The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a stock 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.