Fear And Loathing Ahead Of Payroll Numbers

Chart, Trading, Courses, Forex, Analysis

Image Source: Pixabay


After a morning of calm, steady gains, the markets got a significant jolt of dread this afternoon. The news hit that Israel was boosting security measures at its worldwide embassies and consulates in anticipation of Iranian retaliation for a recent Israeli attack.

This whipped the bulls and in a matter of minutes, the day’s gains turned into steep losses - nearly 2% on the S&P 500 alone. But, like the saying goes, in crisis there’s opportunity. Tonight, we’ll look at aerospace and defense stocks like NOC, LMT, LHX, and DFEN that tend to do well in geopolitically tense times.

We’ll look at other bearish opportunities in the weakening economy - bear plays in consumer discretionary and durable goods companies like WHR, MHK, and GRMN. This will be particularly important if we see a slowdown in the jobs market tomorrow. There’s a lot to cover and, potentially, a lot of money to be made, so let’s jump in…

Video Length: 00:14:18


More By This Author:

This Market Is Going Vertical
Markets Are At All-Time Highs... But The Economy Is Slipping
The Sellers Are Kicking Off the Action This Quarter

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.