Plus, the biggest mistakes I see traders making... 09/09/2022 Itâs Friday Q&A time! Hey, Happy Friday, Evolvers! At this point, it almost feels like the market is doing whatever the Federal Reserve doesnât want to happen. Yesterday, Fed Chair Jerome Powell spoke at a monetary conference and said that he vows to continue raising interest rates (to fight inflation) [âuntil the job is done.â]( This sounds like bad news for the stock market, but the way itâs reacting today suggests anything but⦠The week is ending bullishly, with the S&P 500 ETF Trust (NYSEARCA: SPY) up three days in a row (+1.2% today at the time of writing). CAUTION: Itâs a surprising and impressive multi-sector bounce, but keep in mind that this is only a few days of price action. These gains could easily get taken out next week. Weâre seeing a combination of near-term oversold conditions and contrary price action leading to a small (and in my opinion, fragile) bounce. This brings me to an important point ⦠Donât let momentary moves change your overall game plan. In a market this volatile, youâve gotta have conviction in your predictions. If you donât, then wait until you do before you execute any trades. Overall, Iâm still bearish on the major indexes and a few days of green isnât gonna change that. Now, letâs get to answering your questions for the Friday Q&A! Click below⦠[>>Click Here To Read The Friday Q&A<<]( Keep evolving, Mark Croock Editor, Evolved Trader Daily sponsored [This Crypto Shock will NEVER happen againâ¦]( While everyone else is focused on the record number inflation⦠And terrible economic policies being enforced by our current Presidency⦠Matt Monaco believes that 99.99% of folks are about to miss out on whatâs likely to be the [biggest wealth creation event of the decade.]( And theyâre hosting an emergency broadcast titled the âFinal Crypto Shockâ on Thursday, September 15th at 8pm ET. Where youâll learn exactly whatâs going on, what to expect, and the top 7 coins to buy to potentially turn just a few hundred dollars into windfalls of profits over the coming months. You wonât want to miss it. [Click here to save your spot for this event.]( sponsored [Sykes: âPrepare for takeoff TOMORROW at 9:30amâ]( If I were you, I would prepare myself for TOMORROW at 9:30am. Whatâs taking off? [Click here now to see this before itâs too late.]( sponsored [[BRAND-NEW] Ultimate Options Trading Blueprint]( Mark Croock just dropped his [brand-new options trading blueprint]( And itâs perfect traders with small accounts⦠And for a limited time, it's free! [<< Click here now to claim your blueprint before it's too late >>]( [Alternate text] 66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here To Unsubscribe]( All content in this newsletter is intended for educational and informational purposes only. The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following Evolved Trader Daily strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by Evolved Trader Daily to adjust for those fluctuations may change without notice. There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments. You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.