The Secret To Staying Safe In This Suddenly Wild Market
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The markets started the week half-asleep, but yesterday, when Fed Chairman Powell took future rate cuts off the table, they woke up terrified and fell right out of bed.
A lot of leading stocks, like Tesla (TSLA) and Nvidia (NVDA) took massive, multibillion-dollar haircuts in a matter of minutes. A lot of investors considered these safe - “the only game in town,” even.
It’s true some of yesterday’s biggest losers are rising again, but I’m looking at a subset of stocks right now with the “secret sauce” to get through extreme Fed-driven turbulence.
A lot of these stocks did drop, but not quite in the same way as the rest; some didn’t sell much at all. They’re rebounding faster and with much more conviction, too.
These names are uniquely positioned for us right now because they all have this one thing in common…
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