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Conflicting Job Numbers and Robinhood's Breakout | Next Week on the Trading Floor

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Manage episode 422811608 series 2964597
Content provided by Wealthion. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wealthion 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.

"Before there was a roaring kitty pumping up GME, there was one man pumping up the stock market and his name is Jerome Powell." In this episode of Next Week on the Trading Floor, Andrew Brill and Justin Nugent discuss the current market trends and opportunities to watch. They analyze the conflicting job numbers and unemployment rate, and speculate on the Federal Reserve's upcoming actions. Justin predicts that the S&P 500 (SPY) will reach 6,000 in the longer term, going against the consensus of hedge fund predictions. Vale Resorts is identified as the stock in the penalty box due to missed earnings, while Robinhood is highlighted as a potential winner with its breakout from a long-standing range.

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778 episodes

Artwork
iconShare
 
Manage episode 422811608 series 2964597
Content provided by Wealthion. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Wealthion 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.

"Before there was a roaring kitty pumping up GME, there was one man pumping up the stock market and his name is Jerome Powell." In this episode of Next Week on the Trading Floor, Andrew Brill and Justin Nugent discuss the current market trends and opportunities to watch. They analyze the conflicting job numbers and unemployment rate, and speculate on the Federal Reserve's upcoming actions. Justin predicts that the S&P 500 (SPY) will reach 6,000 in the longer term, going against the consensus of hedge fund predictions. Vale Resorts is identified as the stock in the penalty box due to missed earnings, while Robinhood is highlighted as a potential winner with its breakout from a long-standing range.

  continue reading

778 episodes

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