The Signals Are All There: Companies Prepare For A Slowing Economy – Don’s Daily Brief

by | Nov 9, 2022

Looks like Trump canceled the Red Wave. But gridlock still looks possible.

META (formerly Facebook) laid off 11,000 people. Almost like they’re planning for a slowing economy

Meanwhile, Fedex and shipping giant Maersk believe global shipping is heading for the rocks

The signs for a recession are all there if you are paying attention.

Also in the news: Bitcoin is getting slammed by the end of yield farming Ponzi.

Pro tip: If it wasn’t obvious to you that crypto yield farming was a Ponzi, you should stay out of crypto. Their tactics were no different than what Bitconnect did back in 2017.

And if you’re looking for a hot crypto tip: I called Bitcoin $10,000 back in May. We’ll see if it gets there. (it’s certainly been trending that way all year)

But if you’re in the Daily Pick, you already booked a crypto gain → 20% profit this morning on a BITI short I recommended in September.

► For today’s FREE pick, I’m recommending you short NVDA.

But you need to know how to play it and that includes a trigger price, target price and stop loss. You can get these by subscribing to The Daily Pick right now for just $9/mo.

👉👉 Our total now comes to 28 winners since we started in mid-August! And 4 of our 11 open trades are currently profitable! (just 18 losers in that same period, with small losses in each)

Why not join us and get ready for tomorrow’s pick? Subscribe to The Daily Pick right now for just $9/mo!

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.

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.

What to read next