Powell Hints at "Sell in May"? Your Move, TraderWill Jerome Powell echo the dreaded "Sell in May"? Brace yourself for tomorrow's market-shaking Fed announcement!
Ever feel like each Fed meeting is more heart-pounding than a double-shot of espresso? Well, buckle up because tomorrow’s announcement from Jerome Powell could just be the adrenaline rush we didn't ask for. Here’s the scoop: Investors were counting on a rate cut buffet in 2024, starting with six. Now, they’re clutching their lottery tickets, hoping for even one. Why? Because inflation’s not playing nice, and it’s throwing a wrench into everyone’s plans. Inflation’s recent surge has the market on edge. Imagine sitting in a rocket about to launch, and someone says the brakes might be a tad faulty. That's the trading floor right now. Today, U.S. labor costs hit their highest leap in a year. This isn't just a number. It's a big, flashing sign saying, "Hold up, Powell might actually raise rates." And that thought alone turned today's market vibe into something resembling a pinball machine. To paint a clearer picture, the CME FedWatch Tool shows only a 9.5% chance of a rate cut. A month ago? It was sitting pretty at 55%. Talk about a mood swing. Tomorrow’s market is teed up to be a rollercoaster, with the S&P 500 expected to see swings as wild as a $42 move. If things really get out of hand, we could be looking at a market mayhem not seen since... well, the last time things went sideways. In times like these, guessing the market’s next move can feel like a gamble. That’s why I don’t play those games anymore. So, what's a savvy trader to do? If you’re thinking of playing guessing games with market directions—don’t. It’s about as effective as throwing darts blindfolded. Instead, I kick back with my single trading screen. Gone are the days of a six-screen stress fest. Now, I’m all about a market-neutral strategy that keeps making money, regardless of whether the market zigs or zags. And now, I'm opening the doors to the Trade Like Josh Accelerator, a 6-month masterclass where I'll teach you exactly how to use this strategy. Our first session kicks off this Thursday at 11 AM EST, and it's all about trading smarter, not harder. I’m opening up the playbook to just 25 traders. It’s not about gambling or luck; it’s about skill and strategy. And because I believe in this, I’m slicing the price for those ready to jump in now. In the future this program will go for $15,000. But for those joining me now, I’m offering it for much less – a token for your trust and an investment in your education. After all, good trading is about seizing opportunity, not watching from the sidelines. If you're ready to stop reacting and start profiting no matter what the market throws your way, reply with "I’m in" to grab one of the last spots. I'll send you the deets and a simple form to see if we’re a good fit. Good trading, and remember – rent's due. Josh Belanger You're currently a free subscriber to Josh Belanger. For the full experience, upgrade your subscription.
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