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Nick’s Big Retirement Announcement — Nick Santiago 1-29-24 #560

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Manage episode 398294143 series 3281026
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. It's a quiet start for the major indexes this Monday morning. While the indexes are higher they are just slightly positive.
2. This Is a huge week for earnings. Mega cap stocks such as MSFT, AAPL. AMZN, META, and AMD are all scheduled to report this week.
3. Oil,nat gas and energy are weaker today. This industry group remains very choppy for the past several months.
4. The Fed announcement is this Wednesday. I do not expect the central bank to do anything this week when it comes to rate cuts. The verbiage will obviously be important. Remember, in December, Chairman Powell pivoted suddenly so you never know what he will say going forward.
5. Gold is upticking a little today, but as I said last week, I need to see more of the pattern as it develops. Gold futures remain above the important $2000 level and there is nothing wrong if it just chops around this area.
6. Bitcoin is up a little today after a bif Friday pop. While there should be more of a bounce the pattern it forms will be very important going forward.
Visit Nick @ https://InTheMoneyStocks.com
  continue reading

558 episodes

Artwork
iconShare
 
Manage episode 398294143 series 3281026
Content provided by Kerry Lutz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerry Lutz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
1. It's a quiet start for the major indexes this Monday morning. While the indexes are higher they are just slightly positive.
2. This Is a huge week for earnings. Mega cap stocks such as MSFT, AAPL. AMZN, META, and AMD are all scheduled to report this week.
3. Oil,nat gas and energy are weaker today. This industry group remains very choppy for the past several months.
4. The Fed announcement is this Wednesday. I do not expect the central bank to do anything this week when it comes to rate cuts. The verbiage will obviously be important. Remember, in December, Chairman Powell pivoted suddenly so you never know what he will say going forward.
5. Gold is upticking a little today, but as I said last week, I need to see more of the pattern as it develops. Gold futures remain above the important $2000 level and there is nothing wrong if it just chops around this area.
6. Bitcoin is up a little today after a bif Friday pop. While there should be more of a bounce the pattern it forms will be very important going forward.
Visit Nick @ https://InTheMoneyStocks.com
  continue reading

558 episodes

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