😱 Why Tech Stocks Tanked Despite Good Inflation News 📉

[Image] July 12, 2024 😱 Why Tech Stocks Tanked Despite Good Inflation News 📉 Happy Friday, traders… Jeff here. Thursday was a notable day in the stock market… Sponsored Watch These Traders Scramble to Buy on Monday… Every late Friday afternoon, just when all the big money “elite” Wall Street traders have all checked out for the week… [I’m jumping into the market to scoop up shares of a strange type stock…]( And Wall Street traders HATE it! They hate it because, come Monday morning, these same big-money traders will be tripping over themselves to buy those same strange shares from me for 5X… 10X… even 100X what I paid for them on Friday. All while I pocket as much as $8,780, $9,177, or even as much as $15,820 for holding over the weekend. Want to see how I pull it off? [Click here now for the details.]( The Invesco QQQ Trust (NASDAQ: QQQ) — the big-boy tech index — dropped as much as 2.4% intraday in its biggest single-day decline in over three months: QQQ chart: 1-day, 5-minute candle — courtesy of [StocksToTrade.com]( This sell-off followed the June print of the [Consumer Price Index (CPI) report]( — one of [The Federal Reserve’s]( favorite inflation gauges. Interestingly, the report brought good news on the inflation front: - The CPI declined 0.1% from May, putting the 12-month inflation rate at 3%, near its lowest level in over three years. - Excluding volatile food and energy costs, the “core CPI” increased 0.1% monthly and 3.3% from a year ago — the smallest rise since April 2021. - A 3.8% drop in gas prices dampened inflation for the month, offsetting 0.2% increases in both food and shelter prices. Image courtesy of [CNBC]( Despite the CPI moving in the right direction, tech stocks tanked. If you think price action is atypical, you’re right. But it was how stocks sold off that really piqued my interest (more on that later). Many traders are still scratching their heads, wondering what the heck happened yesterday. And that’s why I’m here to help... Based on 25 years of trading experience, much of it on [Wall Street]( I have a few ideas as to what’s going on in the market right now (and predictions for the near future)... [Click Here To Read The Full Article]( P.S. My proprietary AI-powered [Gamma Code]( system, which can detect these glitches in real-time with a 90% accuracy rate, has already led to explosive gains like 216% on CHWY calls in 24 hours* and 200% on QCOM puts in 48 hours!* [Claim your 50% off GAMMA CODE membership before it’s too late!](   Sponsored July 17th Will Be the Shot Heard ‘Round The World Make this one move RIGHT NOW before the public finds out about Elon Musk’s new project that could revolutionize a $23 Trillion Market. [Click Here Now For The Urgent Details.](   66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here to Unsubscribe]( *Past performance does not indicate future results **Our gurus teach skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the “unsubscribe” link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies.