If jobs report runs hot, look for more Fed hikes
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ It's the end of an era... My colleague Mr. X is closing out both the Sigma Trader and Prism Profits information services... Two offerings for the elite created by our good friend and legendary trading giant, the late Dr. Kent Moors. We still miss him every day... And it's fitting that one of the final wins is coming on UNG, another energy play. Energy has been dominating the global economy since the Russian invasion of Ukraine. It's driving inflation around the world and may be the key factor in putting Europe into a recession.
Will America follow? We'll know more today when a key jobs report is released. If it's running hot, it could drive the Federal Reserve to further hike interest rates... and it's not like the Fed has been shy about its intensions. Your Options Coach Chris Hood breaks down what he thinks is coming next... and let's just say he goes into quite a bit of detail. This is one you quite literally can't afford to miss.
Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET Eyes On Jobs Report, Biden Blasts GOP, G7 Discusses Oil Cap - Biden Warns Democracy At Stake - In a forceful address, President Joe Biden said "Donald Trump and MAGA Republicans represent extremism that threatens the very foundations of our republic." House Minority Leader Kevin McCarthy fired back that the president had "chosen to divide, demean, and disparage his fellow Americans - simply because they disagree with his policies." - G7 Plots To Slash Russian Oil Revenue – The G7 nations, the United States and its key allies, are finally moving forward on the specifics to impose a price cap on Russian oil. "This is the most effective way, we believe, to hit hard at Putin's revenue and doing so will result in not only a drop in Putin's oil revenue, but global energy prices as well," said White House spokesperson Karine Jean-Pierre. While this might cut funds to Russia, the long-term effects on energy prices are less clear than what the White House says - Jobs Report Has Wall Street On Edge – The Fed has been a broken record when it comes to the supposed need for more interest rate hikes. However, jobs data today could make investors even more paranoid. Economists are expecting new data to show 300,000 jobs were added in August. If we get numbers higher than that, the Fed might think the jobs market is running too hot - and that interest rates need to come up even more quickly than it's been suggesting. That's bad news for growth stocks. - Cathie Wood Pulls About Face On NVDA - Cathie Wood's ARK Invest has been out of step with market forces this year, but she may believe she's finally found the time to buy at the dip. After selling struggling chipmaker Nvidia (NVDA) recently, the ARK Innovation Fund bought back in on a large-scale, snapping up more than $4 million worth of shares. NVDA has staggered after the federal government told it to limit sensitive purchases to China. "3-Pillar" strategy spots a 108% surge in just 4 days... RapidFire is on fire — with new trades are on the verge of exploding soon! [Click here to learn more](. HOT SPOTS: What's Going on in Geopolitics - UN Suggests China Committing Crimes Against Humanity – The UN blasted China's crackdown on the Muslim Uyghur population as possibly constituting "crimes against humanity." The People's Republic called the report a "patchwork of false information to serves as political tools for the U.S. and other Western countries to strategically use Xinjiang to contain China." - India Building Its Own Aircraft Carrier – India is developing a powerful new asset to confront China at sea - its first home-built aircraft carrier. The INS Vikrant, Sanskrit for "courageous" or "powerful," will join India's other operational aircraft carrier, one it purchased from Russia in 2004. - Taiwan Shoots Down Chinese Drone - Taiwan finally responded in a forceful way to continued Chinese testing of its air defenses. The military shot down a civilian Chinese drone that entered Taiwanese airspace. China accused Taiwan of trying to "hype up tensions" to create an incident. CUTTING EDGE: What[']( Happening In Tech - New Space Telescope Captures Alien World - For the first time, the James Webb Space Telescope took a direct picture of a planet orbiting a distant star. The planet, with the rather unmemorable name HIP 65426, is a gas giant about 385 light years from Earth. - Apple Settles Lawsuit On App Store Scams – Apple (AAPL) settled a lawsuit with app developer Kosta Eleftheriou, who highlighted ways the App Store enabled scammers to profit off the work of legitimate developers. While this puts one problem behind Apple, it is still facing a lawsuit from Epic Games... and a possible investigation from the Justice Department. - Amazon Loses Key Unionization Battle - The National Labor Relations Board indicated that it would overturn all of Amazon's objections to a unionization effort in Staten Island. It was the first successful unionization effort at any Amazon warehouse... but now that the NLRB is weighing in, you can bet it won't be the last. This could open the floodgates for unionization efforts at locations around the world FOR YOUR CONSIDERATION "This is way more analysis than I usually give in an editorial. Still, I don’t want you to lose everything…" Hood breaks down why he's expecting more of a decline in the coming days. But don't take his word for it. Check out the technical signals he's seeing and use the tools that he's developed to inform your own trading strategy. Remember, it's not just knowing what to trade but how to trade. [DOWN SHE GOES...]( Enjoying Dawn Report? Learn something, made some money?
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