GDP Soars Ahead of Next Week’s Fed Meeting

[Trading With Larry Benedict]( GDP Soars Ahead of Next Week’s Fed Meeting By the Opportunistic Trader Editorial Team The U.S. economy is roaring back… After two quarters of slowing growth, U.S. gross domestic product (GDP) growth doubled in Q2. It rose to 2.8% vs. Q1’s 1.4%. What’s more, the number smashed economists’ predictions. They expected only a 2% increase. This shows the economy is in good shape despite high interest rates. And that will give the Federal Reserve a lot to talk about at its meeting next week… The Fed convenes on July 30 and 31. It will make a decision about interest rates and provide guidance as to what it plans to do next. Strong economic growth could push rate cuts further out, make them smaller, or both. So the markets will be closely watching the outcome of next week’s meeting. In the meantime, you can catch up on this week’s content by checking out the links below… Recommended Link [The Next Nvidia?]( [image]( Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about. [Go here now for this breaking story.]( -- --------------------------------------------------------------- [thumbnail]( [Be Careful What You Wish For]( Let’s dig into the reason investors cheered the CPI report… and why the optimism may be a mistake… --------------------------------------------------------------- [thumbnail]( [Why Understanding Risk Can Lead to Lucrative Trades]( With options, you always need to understand any risks you’re taking on. But you don’t want to miss out either… --------------------------------------------------------------- [thumbnail]( [Every Options Trader Needs to Understand This Key Trade-Off]( If you’re new to trading options, it can be difficult to understand the relationship between the underlying stock price and the value of an option. --------------------------------------------------------------- [thumbnail]( [Beware of Greed]( Traders who rush to get into trades simply because it’s the hot idea of the moment, or because their neighbors are profiting, are making a mistake. --------------------------------------------------------------- [thumbnail]( [How We Traded July’s Nasdaq Pullback for a 69% Gain]( Today, I want to share how we profited from QQQ’s current retracement… --------------------------------------------------------------- [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](