Hey, Ross here:
The Fed concludes its monetary policy meeting today, with the decision announced at 2 p.m. Eastern followed by Powell’s press conference 30 minutes later.
Here’s a key level to watch for the markets.
Chart of the Day
Like it or not, the market is still heavily dominated by Big Tech.
That’s why, in today’s chart, you can see a key level for the Nasdaq 100 index…
A level which has served as support since late February, and has now become resistance.
If the index can breach this level, I think there’s a good chance the big tech names will be able to lift the entire market out of the pullback.
But even if this doesn’t happen so soon, we should not ignore the opportunity in front of us right now.
Insight of the Day
Earnings season + Powell’s big mouth = Opportunity
No one expects the Fed to cut rates today.
But, Powell is likely to strike a hawkish tone…
And if history is any guide, we will likely see a very short-term decline in the market thanks to his big mouth.
Combine this with earnings season…
And this means you have an opportunity to pick up stocks that could make big fast upward moves at very attractive prices.
That’s why later today at 3 p.m. Eastern…
I’m going LIVE for a masterclass that will allow you to target these exact stocks…
By positioning yourself alongside the insiders who are also no doubt salivating at this opportunity.
So make sure you click here to guarantee your seat at my masterclass later if you haven’t already…
And watch out for the login details in your inbox before it starts.
Don’t wait for Powell to finish speaking later…
Join me for my masterclass, and let’s see how we could profit from his big mouth instead.
See you at 3 p.m. ET later today.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
