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#10/2024 Snap up 20%, or will Powel bust the week on Wednesday?
Manage episode 404599552 series 3241853
On Wednesday, Powel and the Fed will give some insights into their thinking for 2024. No big surprises are expected as the forecasted decline in interest rates is pushed to the second half of 2024. But the market will pay close attention to the wording as Nasdaq is at a new all-time high.
The trade into Snap is going slow, but there are signs that things may happen this week. With little resistance before $14, the right mix can make for a strong return.
This and much more in this week's Trading Tips With Jim
219 episodes
Manage episode 404599552 series 3241853
On Wednesday, Powel and the Fed will give some insights into their thinking for 2024. No big surprises are expected as the forecasted decline in interest rates is pushed to the second half of 2024. But the market will pay close attention to the wording as Nasdaq is at a new all-time high.
The trade into Snap is going slow, but there are signs that things may happen this week. With little resistance before $14, the right mix can make for a strong return.
This and much more in this week's Trading Tips With Jim
219 episodes
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