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Welcome to our weekly trading update where we dive into the latest movements across the stock market, US economy, and cryptocurrency sectors. In this episode, we'll cover the dramatic drops in major indices, key economic indicators suggesting a cautious approach, and significant volatility in the crypto space. Stay tuned for our stock market technical analysis today to make sense of the market dynamics this week AND TO SEE IF WE WILL GET A SANTA RALLY 2024.
Stock Market:
-Major indices experience significant downturns
-Tech sector sees mixed performances with some big names leading recovery
-Notable volatility in small-cap stocks
US Economy:
-Latest employment data shows a slight uptick in unemployment
-Consumer confidence dips amid holiday season
-Manufacturing PMI indicates slower growth
Cryptocurrency:
-Bitcoin experiences a sharp decline, influencing altcoins
-Ethereum faces increased regulatory scrutiny
-Stablecoins maintain relative stability amidst market turbulence
Grok Trade Mentorship: For those looking to navigate these turbulent times, our Grok Trade mentorship program offers personalized guidance. Whether you're deciphering stock market technical analysis today or exploring new investment avenues, our expert mentors are here to help you thrive in any market condition. Join us to elevate your trading strategy.
Sahm Rule confirms a recession
Yield De-inversion confirms a recession
US Debt - ~$36T and climbing
#stocktrading #technicalanalysis #investing
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DISCLAIMER: This US stock market technical analysis today trading video is on advanced technical analysis on the US stock market this week and any stocks mentioned are for you to research after consulting with a registered investment advisor.
This US stock market technical analysis today trading video is on advanced technical analysis on the stock market this week and any stocks mentioned are for you to research after consulting with a registered investment advisor.
All of Grok Trade's technical analysis videos are for educational purposes only. Our videos are not delivered by a registered financial advisor.
All securities mentioned in this stock market trading video should be carefully reviewed for suitability by a registered financial advisor. And please keep in mind that our stock market 2023 stock predictions are simply a guess, and the stocks to watch this weekend are not a recommendation to buy or sell. As mentioned and to make sure there is no confusion, the US stock market technical analysis this week dives deep into technical analysis to help traders choose market sentiment and is not an endorsement to buy or sell any security. Our next 3-Day Intensive 301 Mentorship is coming up soon. Click the link above and choose to be trained by a savvy trader through Grok Trade's mentoring program.
The stock market technical analysis this week may have stocks to trade but any mention is strictly for educational purposes only. Again, we are required to say, "Always seek out a financial advisor." d7 called the 2008 and 2022 market crash, but there is never any guarantee of calls made by anyone include any Grok Trade mentor. This stock market trading video is on advanced technical analysis on stocks to trade after consulting with your investment advisor. These technical analysis videos are for education purposes only.
US stocks to trade market analysis is not delivered by a registered financial advisor. All stock picks should be carefully reviewed for suitability by a registered financial advisor. The stock market technical analysis this week dives deep into technical analysis to help traders choose market sentiment daily. This trading video on the stock market today is for educational purposes only. This US stocks to trade today for today is for educational purposes only. Again, we are required to say, "Always seek out a financial advisor."
