Markets were down overnight on disappointing earnings from Microsoft and Google. (Just as I predicted in yesterday’s video.)
Those weak numbers point to the fact that we’re in a recession and we’ll continue to be in one.
Now, some folks think that means The Fed is going to pivot and soften its stance…
But they simply can’t: Their reputation is on the line and they are going all in on rate increases.
► With that economic weakness in mind — not to mention the hawkish Fed, we’re shorting the NASDAQ with today’s FREE pick: QID.
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.
👉👉We’ve already closed 24 winners and we’ve only been doing this since mid-August!
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.
