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We’re in for a rocky ride... but this trading twist turns Wall Street “losers” into quick profits

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streetauthority.com

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Tue, Apr 30, 2024 11:30 AM

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VIDEO: The Magnificent Seven Ride to The Rescue Economic experts predict a 99% chance the U.S. will

VIDEO: The Magnificent Seven Ride to The Rescue [StreetAuthority]    [We’re in for a rocky ride… but this trading twist turns Wall Street “losers” into quick profits]( Economic experts predict a 99% chance the U.S. will enter recession in the next 10 months… [Is your portfolio prepared?]( Discover the 2-minute “trading trick that flips market volatility into FAST profits… Make your move now and you could [bag gains of 239%, 505%, and 781% — from deadbeat, downward-moving stocks…]( no matter what the market does next.   VIDEO: The Magnificent Seven Ride to The Rescue By John Persinos  Welcome to my video presentation for Monday, April 29, in which I interpret last week’s market action and provide a preview of what to expect in the week ahead. The article below is a condensed transcript; my video contains a “deeper dive” with additional details and several charts. Last week was dominated by corporate earnings, focusing on the technology sector’s “Magnificent Seven.” These mega-cap tech firms have largely met or exceeded projections, contributing significantly to the S&P 500’s recovery from earlier losses in April. As the broader stock market wobbled last week due to worrisome economic data, these seven stalwarts rode in to save the day: Alphabet (NSDQ: GOOGL); Amazon (NSDQ: GOOGL); Apple (NSDQ: AAPL); Nvidia (NSDQ: NVDA); Meta Platforms (NSDQ: META); Microsoft (NSDQ: MSFT); and Tesla (NSDQ: TSLA). In the coming days, stay focused on other Big Tech stocks, not just these seven, as further Q1 earnings releases pour in. The Magnificent Seven returned more than 106% in 2023, doubling the NASDAQ 100’s nearly 54% gain and significantly outperforming the S&P 500’s 24% gain. This year, Tesla and Apple face singular headwinds. Tesla is encountering greater competition from overseas electric vehicle makers and Apple is grappling with a shrinking market in China. Apple is expected to report earnings on May 2 after market close. [Read More...](   [Utility Pole]( [3 Utility Stocks For Rock-Solid Monthly Income]( There are 54,085 utility companies in the U.S. But only three are poised to reap massive profits from President Biden’s $220 billion “election gift” to the utility sector. You won’t hear Jim Cramer screaming their names on Mad Money. But each is perfectly positioned to deliver reliable income for the next two decades. You can lock in your first payout with just one move today… And potentially [start claiming up to $1,915 per month.]( You are receiving this email at {EMAIL} as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms]( |  [Privacy]( |  [Unsubscribe]( ©2024 StreetAuthority 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

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