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2022/11/02

Crazy Market Going Into Fed Rate Hike Report — Plus Roger's Top and Bottom Stocks!

Celeste LIndman gives us insights into possible Fed rate hike reactions
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Are Your Stocks Stuck In The "Dead Zone"?
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  • My expectation for the FED and what I'm particularly looking for?
  • Why I believe blue chips are overdone compared to tech?
  • How sector fragmentation needs to resolve itself!
  • Top stock to buy right now!
    Bottom three stocks to sell immediately!
  • Key levels for the long bond.
  • Update on global economy and how it's impacting our stocks!

Click Here To Watch Now!

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My pivot number today on the ES (S&P 500 futures) is 3869.

Resistance is up at 3975 and support at 3848.

It's Fed day, which means we should expect volatile markets.

With the market where it is I'm looking at 3848 on a closing basis to kill the theory, meaning do we go down and stay down. Below that is 3793.

However, if the ES gets above 3892 then we can be in a position to feel good if it happens after the Fed meeting.

The real number is 3911 and that is the pivot for the week.

Watch today's TBUZ TV episode here.

Click to get today's Pre-Market Planner Numbers here.

~ TBUZ

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The newsletter numbers printed yesterday for the month of November (in box) are in play for today's market reaction to the Fed. Compare today to the Fed reaction on 9.21.22 (gray box).

Interesting levels, hey? Watch for markets to break support or resistance… Or move sideways until next week's election.

Keep trades nimble, and manage trending positions well.

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I'm a little emotionally drained.

Between Biden attacking the oil industry… Chip manufacturing from China being shut down

Fed hiking rates, dragging down economy — Which is the result of them creating a fragile economy in the first place.

Controls are everywhere. But the free market and prosperity don't like controls.

With that, we're going to short treasuries today…

Click Here To Get Today's FREE Pick!

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