DECISION DAY - My prediction

The Fed, like Caesar, decides whether to kill the market ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ I'm going to put myself out on the line here. Everyone has all sorts of wild speculation about what's going to happen today. But I see no mystery... The Fed has been remarkably clear about its priorities and plan going forward. Federal Reserve Chairman Jerome Powell has said continuously that preventing inflation is his highest priority... even if it means harming the prospects for economic growth. For that reason, I think we will get another increase in the benchmark interest rate today. More than that, I think it will be a quarter point increase - and if I'm wrong, I think it will be a half point rather than nothing. A lot of people have been predicting that the recent tremors in the banking sector are going to cause the Fed to reverse its policy. I don't see it happening. Markets are about confidence... and a leader who suddenly changes his mind in the middle of a battle inspires panic, not courage. Now, it's a separate matter whether the economy should or even can be "commanded" in this way... But in the system we have, this is the Fed's role... and I think the institution's priorities are clear. If it can't control inflation and guarantee economic growth, the changes coming will have an impact far beyond economic policy. [Don't miss Mr. X on the geopolitical earthquake that took place yesterday.]( ) Keep Moving, The banking system as we know it is in danger of collapsing — The stage is set for a meltdown capable of making the $2 TRILLION lost in 2008 look like pennies. The first stage of financial Armageddon is unfolding in front of us… And if you don’t want to be one of the millions of Americans crushed in the fallout… You need to act immediately. [Click this link right now to discover your next steps.]( ) COACH'S CORNER "After yesterday's unexpected gap-up, we got caught again in low-volume, non-directional chop. On SPX, this is the kind of day that can chew you up and spit you out." "March isn’t known for its easy trading, but this week's pre-Fed volatility has made the past few sessions some of the most challenging trading I can remember." "If you like to trade intra-day and want to keep the noise down, switch to a higher time frame to determine the overall trend." "This is how we made our profits today. I expect today to open strong and be relatively subdued until the FOMC rate hike announcement at 2:00 pm EST. Be prepared for some massive volatility after the report." "Conservative traders should go into the meeting relatively flat and see what happens after. The bears and bulls have been at war, and we’re likely to see some massive movement once the press release is over." "If you’re feeling lucky and want to risk it, then be prepared to lose 100% on the trade. I would treat it like a lottery or an earnings play." "The options chain predicts a 65-point move in either direction, and there’s little resistance to either side of the daily SPX chart shown above." "Whatever you do, make sure you plan before the trading day." "Know which options you’ll play if we make a break to the upside and which you’ll use for a downside play. If you want to watch the Fed meeting, then do so. I’ll keep my eye on the charts." "They tell me everything I need to know." Cheers, Chris Hood WORD ON THE STREET Fed Decides, GME Surges, NKE Drops - Judgment Day - The Federal Reserve is expected to announce another rate hike this afternoon, with most predicting another quarter-point increase. However, Chairman Jerome Powell has left room for a half-point increase... something that could spread panic in a stock market where traders are looking for relief after the recent trouble in the banking sector. - GameStop... Made A Profit!?! - It's not just a meme anymore. GME was up more than 48% (and more in after-hours) after it posted a profit of $48.2 million in the last quarter. It was a stunning surprise for a company that was widely expected to post another loss. All right, it wasn't quite this great, but still, 48% gain - Nike Beats Estimates, Drops Anyway - Nike beat Wall Street estimates for both earnings and revenue in its latest quarterly report. Unfortunately, that wasn't enough to stop NKE dropping in after-hours trading. Inventory remained high and sales in China remain soft. - Median Home Price Drops - The median price for a home sold in the United States dropped compared to 2022, though home sales increased by 14.5% compared to last month. Higher interest rates are forcing sellers to lower their prices, but limited supply ensures that first-time buyers will still have a hard time finding an affordable place to live. HOT SPOTS: What's Going on in Geopolitics - UK Inflation Rate Spikes Unexpectedly - Inflation in the United Kingdom rose to 10.4% on an annual basis, surpassing expert estimates as the Bank of England continued to struggle with devastating inflation. It increases the chances the Bank of England will increase interest rates this Thursday, putting more pressure on economic growth. - Putin Warns West On Depleted Uranium – President Vladimir Putin said that Russia would "respond accordingly" if the West provided Ukraine with depleted uranium shells to use in newly supplied tanks. "The collective West is already starting to use weapons with a nuclear component," the Russian president claimed. - Russia, China Sign New Agreements - President Xi Jinping's visit to Russia resulted in numerous agreements between Moscow and Beijing, with both leaders claiming this represented progress in changing the current world order. "There's a change coming that hasn't happened in 100 years," Jinping said to Vladimir Putin. "When we are together, we are driving this change." CUTTING EDGE: What[']( )s Happening In Tech - CA Wants Big Tech To Fund Journalism - A new bill in the California legislature would force Big Tech to pay a "journalism usage fee" if they run ads next to news. It's similar to a bill that was defeated at the federal level. - Gates: AI Most Important Innovation Since 1980s – Bill Gates says OpenAI's GPT is "the most important advance in technology since the graphical user interface." "Entire industries will reorient around it," he claimed. "Businesses will distinguish themselves by how well they use it." - Dodge Shows Off Last Muscle Car - The 2023 Challenger SRT Demon 170 is an absolute beast - 1,025 horsepower from a supercharged V-8 engine. However, it will be the last gas powered muscle car, as the company switches to EVs. "It's the end of an era, for sure," said Dodge CEO Tim Kuniskis. "Electric vehicles, they're very fast," he continued, gamely. Whatever you say, Tim. The end of an era FOR YOUR CONSIDERATION --------------------------------------------------------------- "While Russia may be throwing off its subordination to the West, it is running to a new master – Beijing."Russia and China have concluded a summit that is being presented as a challenge to America's hegemony. But what has Russia really gained... and is China's rise to power inevitable? Mr. X has the full breakdown. [THE MULTIPOLAR WORLD ORDER GETS CLOSER TO REALITY]( ) P.S. Some powerful research indicates that a Second Silicon Valley Bust is underway. It's time to take a look beyond the headlines - [find out what's really happening with the Silicon Shakeout by clicking here.]( ) 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]( ). The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( ) for more information. Sent to: {EMAIL} [Unsubscribe]( ) Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States