Higher Rates “for as Long as Needed”

[Trading With Larry Benedict]( Higher Rates “for as Long as Needed” By the Opportunistic Trader Editorial Team “The recent [inflation] data have clearly not given us greater confidence and instead indicate that it’s likely to take longer than expected to achieve that confidence,” remarked Fed Chair Powell recently. If higher inflation persists, the Fed can maintain the current level of interest rates “for as long as needed.” This U-turn has shaken up the market… which suddenly realizes that the much-anticipated June rate cut no longer looks likely. As of writing, the S&P 500 has slipped 4.6% following its record close on March 28. Likewise, the Nasdaq Composite fell over 5% after April 11. And volatility is at its highest level in six months. These signals suggest long-term investors should move carefully… But as traders, we can take advantage even if stocks fall – if we’re ready. That’s why, this week, we reviewed the setups for several major stocks that may be ready to topple… Recommended Link [New Footage from San Francisco will Shock Americans]( [image]( A legendary investor just released [this shocking footage from the streets of San Francisco…]( Revealing details on Elon Musk's “Project Apollo.” As soon as Elon flips the switch on this new project… Which could happen at any moment… [It could send this $1 play skyrocketing higher.]( -- --------------------------------------------------------------- [thumbnail]( [Can This “Mag 7” Fallen Angel Catch Up?]( Compared to the market, Tesla is lagging badly… --------------------------------------------------------------- [thumbnail]( [This $300 Billion Juggernaut’s Rally Is Coming Under Pressure]( After a near-90% rally from its December 2022 low, Salesforce is testing multiple key levels… --------------------------------------------------------------- [thumbnail]( [This Earnings Period Comes at a Crucial Time for Netflix]( Several signals suggest NFLX is looking toppy. So with earnings due tomorrow, how should we approach things from here? --------------------------------------------------------------- [thumbnail]( [The Fed Is Destroying Your Money in Plain Sight]( We weren’t the first to offer the idea that the Fed may like higher inflation… --------------------------------------------------------------- [thumbnail]( [Nvidia Holds the Key to the Market’s Momentum Struggle]( After nearly quadrupling in a year, Nvidia is struggling to regain its momentum… --------------------------------------------------------------- [The Opportunistic Trader]( The Opportunistic Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.opportunistictrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. The Opportunistic Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-208-6550, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@opportunistictrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](