“No rate hikes” is the news. Here’s the rumor

You won’t read this on the front page                                                                                                                                                                                                                                                                                                                                                                                                                 November 14, 2023 | [Read Online](  [Chat Room]( [Hot Stock]( I [Follow me on X]( Another week, another report that underlines what I’ve been saying: Fed hikes and inflation are likely to be yesterday’s news. Investors everywhere are asking themselves, “What inflation? I don’t see it.” Say wha??? Funny how the markets go sometimes. Just a month ago, everyone was panicking about interest rates crippling our economy and the bears were forecasting outlandish doomsday scenarios. Today, it seems the market completely brushed off those fears and traders are tripping over themselves to buy stocks. And you know the classic saying: buy the rumor, sell the news. Once again, the cooler heads (like me!), prevailed. It turns out the world is not ending, despite what you might see on social media. Well, that adage is what smart traders ought to do. It’s certainly not how ordinary investors behave, as we can see from today’s market-wide rally: Credit: [@unusual_whales]( Now, I don’t think it’s a mistake to buy stock into news like we saw today. Clearly, if you did, you made a few bucks today. Nothing wrong with that! But as always, I’m on the lookout for stocks that can generate outsized moves. There’s one company that caught my eye today because even though the S&P and Nasdaq posted their best days since April, they still climbed only 1.91% and 2.37%, respectively. On the other hand, the stock in question ratcheted up 5.75%, and my indicators are screaming that this move is only preliminary. I say that because I just saw this stock make a nearly triple-digit move in a matter of days a few weeks ago. And right now, I think it is poised to do something big again! To add fuel to the fire, the company I am going to show you tomorrow has practically been a printing press of good news — and that can be the single biggest driver for the future stock price. As always, I haven’t been blessed with a crystal ball, but I will call it like I see it, and tomorrow, I’ll be calling it bright and early, right when the market opens… You know what they say, the early bird gets the worm 🪱 Well, I don’t have any worms, but if you check back in with me @ 9:30am EST, I promise to have a great stock idea ready for you to look at. So stay tuned to your inbox 📬and keep an eye out for what I think is the only stock that deserves your attention tomorrow. 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