Retail crushed - no Christmas rally

Suddenly, the Fed is on the defensive ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ New retail sales data show that we'll probably get nothing but coal in our stockings this Christmas. (Actually, considering the possible energy problems Europe may be suffering this winter, coal might be a great present, but you see where I'm going with this.) Retail was STOMPED last month. "Black Friday" usually means that stores are finally making money. Yet this year, "Black Friday" has a far different connotation. Retail chains are suffering in the darkness as recession fears grow. What's interesting about all this is that the Fed didn't overreact when it comes to inflation - at least not with this latest rate hike. The problem is that the damage may be already done. If the Fed tries to reverse course quickly on interest rates, the resulting whiplash may do more harm than good. As it stands, projected rate hikes should bring us to a level above 5%. Is there good news? For at least some investors, yes, very good news indeed. - First, and most importantly, some quality stocks are now trading at a relative bargain. If you are looking to invest in some companies for the long-term (especially with those that offer a dividend), now may be the time. - Second, the dollar remains strong. That may be bad news for companies that do a lot of their business overseas, but it shows that the underlying American economy is strong and that inflation is not posing an existential threat. - Finally, markets are pricing in a recession. We may be entering some difficult times but it's not going to be a shock, nor are corporate leaders unprepared. Remember, many companies, especially those in tech, have been trying to get ahead of this with hiring freezes, targeted layoffs, and cost-cutting measures. It's always worth repeating - there's no such thing as a universal bull market or bear market. There's always a bull market somewhere, even if that just means tapping shorts (like YANG if you think the Chinese economy is in trouble). I'm tremendously excited about what's happening right now. Investors can set themselves up for long-term success by securing positions on companies that will be racking up profits for years, if not decades, to come. And with the tools we provide, you can still secure extraordinary short-term gains. This brings me to DRAGNET, the newest weapon in our devastatingly powerful arsenal. For me, it's the most consistent, reliable tool that I have... and it has the potential to boost your income by $1,000 a week. It doesn't matter what the Dow is doing. It's about what one single stock is doing. Imagine what an extra $52,000 a year could mean for you. I've closed over 250 winning trades on this stock and soon I'll be able to let you in on the secret. On December 20th, I'll be participating in a free VIP Summit to explain how it all works. [Just click here to register.]( Let's hear no whining about the lack of a "Christmas rally." At Rogue, our goal is to always stay winning, regardless of what the talking heads on television have to say. And we don't consider it winning unless you're making gains right alongside us. We're a team and together, the world is ours. Get psyched. Keep Moving, I’ve already closed 250 winners on this stock in the last 12 months… And on December 20th, during the Dragnet Wealth Summit – I’m going to share the ticker with you, plus how you can apply this strategy to boost your income by an extra $52,000 this year. [Click this link right here to RSVP now.]( WORD ON THE STREET French Raid GE, Recession Fears Sink The Street, POTUS Running - "The French Are Coming, The French Are Coming!" - Doesn't quite have the same ring as Paul Revere's famous declaration, but to GE shareholders it is just as chilling. French authorities searched GE's industrial location in eastern France as part of an investigation into alleged tax fraud. It gets better - the whole thing started because the head of the French Communist Party complained that the company was dodging taxes. No comment yet on whether the French found anything nefarious.  - Calls For Musk's Ouster At Tesla - "Elon abondoned Tesla and Tesla has no working CEO," said Leo Koguan, one of the company's largest shareholders. "Tesla needs and deserves to have [sic] working full time CEO." TSLA shareholders are grumbling about the stock's fall in value since the self-proclaimed TecnoKing took over Twitter. That said, TSLA defied the market plunge yesterday, gaining 0.55% during the trading day while other companies faced ruinous declines. TSLA gained additional ground in after-hours, though it still risks falling below $150 a share - Sorry Kids, Christmas Is Canceled This Year - A two day selloff threatens to turn into a week-long rout as the Dow suffered its worst day since September. Fears about the baseline interest rate rising above 5% in 2023 explains much of the decline, but a weak retail sales data report from the Commerce Department is a far bigger threat. The Fed thinks that the worst of inflation is behind us. However, if retail sales fell 0.6% in November, consumers clearly think prices remain too high - and are cutting their spending accordingly. - Little Suspense For Democrats In 2024 - Barring any health issues, Joe Biden can comfortably assume he's got the Democratic nomination, regardless of polls that show many Americans want a new choice. "I hope he [President Biden] does seek reelection," said Speaker of the House Nancy Pelosi. "He's a person with great vision for our country." Senate Majority Leader Chuck Schumer bluntly answered "yeah" to the question of whether President Biden should run for re-election. CNN reports that First Lady Jill Biden is also "all in" on the prospect of a re-election campaign.   Since the dawn of Rogue Investing Daily, Mr. X has been keeping his readers one step ahead… Forecasting picks with returns of 390% in under a year... 442% in less than a month... and 1,154% in 16 months... and urging subscribers to hold back from any new crypto investments right before the crypto bear market. [Stay ahead of market shifts and save 70% today.]( HOT SPOTS: What's Going on in Geopolitics - Wait, Are There Still Things Left To Sanction In Russia? - Russia warned the United States against deploying Patriot missile defense systems to Ukraine, but Uncle Sam and the rest of NATO are moving forward. The USA is accelerating the training of Ukrainian troops in Germany. The European Union is also approving a new round of sanctions against Russia. Though the details have not been revealed, the European Commission recently proposed travel bans and freezing the assets of hundreds of Russian officials that have been spared so far. - Caseloads Surge In Germany – Investors largely cheered the end to China's impossible "zero-COVID" strategy. Unfortunately, no plan is cost-free and now Beijing is paying the price. The city reported 22,000 fever cases earlier this week - an astounding 16X increase from the week before. - President Zelenskyy Warns Donbas Situation "Very Difficult" - Ukrainian president Volodymyr Zelenskyy is preparing his people for new sacrifices, warning that the situation in the eastern Donbas region is "very difficult" as Russian forces have "destroyed" the cities they are attacking. Meanwhile, the Russian Ministry of Defense said that Russian forces are inflicting high casualties on Ukrainian defenders, though they are continuing to capture small villages rather than any major strategic targets.  CUTTING EDGE: What[']( Happening In Tech - Twitter Bans Competitor Mastodon - Elon Musk continues to flex his muscle to drive personal critics off his social media platform. After the left-leaning Mastodon tweeted out a link to an account that tracks Elon Musk's private jet, Mastodon found itself flagged by Twitter. Users who attempted to click on links were informed that many were "potentially harmful" - treatment that until recently was reserved for websites disliked by Twitter's late Trust and Safety Council. That council is gone and now only the TecnoKing remains.  - Trump's Big Announcement Was... NFTs. – I think former president Donald Trump has missed the boat on this one. After teasing a major initiative, '45's big new plan is to sell Non-Fungible Tokens (NFTs) of himself as various superheroes. This may have made sense a year ago (maybe), but the NFT market has utterly collapsed, with trading volume in September 2022 having collapsed by an incredible 97% compared to January.  - Adobe Surges In After-Hours - Adobe wasn't exempt from the market collapse during the trading day, but many investors will wake up to a pleasant surprise this morning. ADBE spiked by more than 4.6% in after-hours after the company beat estimates on earnings per share and matched expectations on revenue. Perhaps more importantly, the company maintained its forecast for the year rather than lowering expectations as other companies have done. Though ADBE ended the trading day at $328.71 per share, it was trading well above $340 per share in after-hours FOR YOUR CONSIDERATION "Sure, we can take precautions, but gaps can easily blow up overloaded accounts. And they beg the question, what next?" "Is this going to keep dropping like a waterfall? And how does one trade in this environment?" "Let’s take a moment to go into what I’ll refer to as the "rubber band" theory of price action and how this applies to gaps." "Think about a rubber band." is going to be more volatile than usual because of the number of options contracts expiring. And "more volatile than usual" is really saying something in today's climate. Learn how to decode the technical signals this market is showing you. Chris Hood explains the "Rubber Band Effect" and why it matters to you. [THE RUBBER BAND EFFECT]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. Copyright © 2022 Rogue Investing. All Rights Reserved. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Rogue Investing.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of Rogue Investing.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. HIGH RISK WARNING Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. RogueInvesting.com provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success. Sent to: {EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States