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🗣️ FOMC and Earnings Will Move The Market!
💭 Weekly recap , Grow as a trader, New Investments, New Ideas
Simplify Wall Street
January 28, 2024
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Proceeding With The Reading:
Happy Sunday ☀️
In this week’s newsletter, you’ll read about…
💬 My weekly stock market overview as we reflect and prep the week
🧑💻 1 Company that may 10x in 10 years
🔓️ 📈 We added to our long-term portfolio. See what we added.
🔔 Get alerts when we buy or sell stocks. 7-day free trial on Discord.
📖 2-Minute 💭 : Weekly recap
Key Data of last week
Inflation, as measured by the Personal Consumption Expenditures price index, has fallen to a 2.6% annual increase, down from its peak of 7.1% in June 2022. (View Full Report)
Inflation is currently under our median projection from December 2022.
Economist Peter Cardillo commented on PCE data and inflation.
News & Earnings Pending This Week!
Outside of the main event of the FOMC meeting on Tuesday and Wednesday. We also have key data releases on Thursday and Friday. As always, expect volatility when you have news and data back to back.
Upcoming Earning Reports
The most critical earnings day is probably Thursday, with AMZN, META, and AAPL all reporting.
Trades we made last week in the Discord.
Gains are per 1 contract. Most traders can only buy 1 options contract at a time, so this gives a clear overview.
Winners:
- $AMZN 172 calls expiring this week. +$40
- $AMD 180 calls. Bought at .55 and sold at 3.00. +$245
- $BABA 179calls March. +$43
- /ES short 4712 down to 4906. +$300. If you can only trade micro futures, the profit is +$30
Losers:
- $NFLX 400p, earnings lotto. -$49
- $BA 235c, earnings lotto. -$30
Did you make money in the stock market this month? |
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