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Struggling to trade this ‘chopfest’? Let me help...

From

evolvedtrader.com

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mark@evolvedtrader.com

Sent On

Thu, Nov 3, 2022 09:30 PM

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Plus, my strategy for staying safe... 11/03/2022 Struggling to trade this ‘chopfest’? Let

Plus, my strategy for staying safe... 11/03/2022 Struggling to trade this ‘chopfest’? Let me help… Hey, Yesterday, we finally got some clarity on Fed policy, something the market had been anxiously anticipating… The Fed raised interest rates another 75 basis points … no surprise there. But how traders are interpreting Chairman Jerome Powell’s speech varies widely… Bears are latching onto something Powell said: [“Incoming data since our last meeting suggest that the ultimate level of interest rates will be higher than previously expected.”]( Meanwhile, bulls are latching onto a different comment: [“Our decisions will depend on the totality of incoming data and their implications for the outlook for economic activity and inflation.”]( While the latter may sound like a glimmer of hope to anyone hoping for looser monetary policy, I think it’s far from the “pivot language” many bulls were hoping for. And the immediate market reaction said as much… After a short pump following the release of the rate decision, the S&P 500 ETF Trust (NYSEARCA: SPY) absolutely tanked once Powell started talking and didn’t stop until early this morning when it hit an intraday bottom of $368.79. Then, the index started pumping again, reaching an intraday high of $374.20 at the time of writing. All this to say … we’re in the middle of a ‘chopfest.’ And when stocks are this choppy, there are some unique factors to consider. Click below and I’ll show you what I mean… [>>Click Here To See How You Can Avoid The ‘Chopfest’<<]( Keep evolving, Mark Croock Editor, Evolved Trader Daily P.S. Afraid of getting ‘chopped up?’ Don’t be. My options-trading blueprint has helped me succeed in the stock market for 12 years, regardless of the market conditions. Check it out in my ebook by clicking [right here](. sponsored   [ALGO Alerts Used by Millionaire Traders]( [Being Given Away for FREE Right Now!]( Hit the ground running with our algorithmic trade alerts sent to your cell phone every morning! Our free trade alerts are powered by our proprietary computer algorithm, Oracle, and have already tracked peak gains of 22%, 68% and even 86% in just a matter of hours… With Oracle, almost anyone can trade like a Wall Street Pro! [>> Click here to claim Daily Free Algo Trade Alerts]( sponsored   [[BRAND-NEW] Ultimate Options Trading Blueprint]( Mark Croock just dropped his [brand-new options trading blueprint]( And it’s 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.

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