Crazy Month Start + Best Setups and Shorted Stocks (1/1/23)
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What an impressive day in the stock market.
Fed chair Jerome Powell spoke this afternoon and although there are further rate hikes are on the way here are the key words that sent the market today:
"Tightened significantly over the last year" and “disinflation“ are what caused the algo’s to start running and caused that huge rally.
I also have a huge update for those following my 2023 portfolio, not only has our portfolio gone up almost 20% with our top gainer being up 85%, but META 0.00%↑ is up another 20% after hours on great earnings.
Let’s take a look some trades for tomorrow, I’ve got some mid caps and a few small caps I think can run and our daily S&P 500 levels.