CPI data will be released in the morning before market open.
It is expected that CPI will be around 6.5%, down from 7.1%.
If this happens, or if it falls even further, then this is HUGE.
This will signify the turning point. The Fed will hike 0.25 one more time, pause, and in the second half of the year start cutting rates.
The market will anticipate this and the rally will start. S&P may gain 20%, Nasdaq 30%, and the tech stocks that have been battered could come back 50%+.
Some stocks to consider:
Netflix
Nvidia
Microsoft
Apple
Google
QQQ should be a very good bet in the next couple years
Cruise stocks will recover as well. I doubled down on:
NCLH
CCL
One stock that could lead to massive returns is Matterport (MTTR). This is a great company that creates virtual replicas of buildings. It's down 90% from its peak last year, and if it goes back to its peak, it would mean a 1000% return (10 times).
If the metaverse takes off, this could be a huge player in the market. Over the next ten years, I see this company becoming huge. You've probably seen the 3D virtual tours in real estate listings, that is just one application. It is also used for virtual tours such as in museums, virtual shopping in stores, and other innovative applications.
It is expected that CPI will be around 6.5%, down from 7.1%.
If this happens, or if it falls even further, then this is HUGE.
This will signify the turning point. The Fed will hike 0.25 one more time, pause, and in the second half of the year start cutting rates.
The market will anticipate this and the rally will start. S&P may gain 20%, Nasdaq 30%, and the tech stocks that have been battered could come back 50%+.
Some stocks to consider:
Netflix
Nvidia
Microsoft
Apple
QQQ should be a very good bet in the next couple years
Cruise stocks will recover as well. I doubled down on:
NCLH
CCL
One stock that could lead to massive returns is Matterport (MTTR). This is a great company that creates virtual replicas of buildings. It's down 90% from its peak last year, and if it goes back to its peak, it would mean a 1000% return (10 times).
If the metaverse takes off, this could be a huge player in the market. Over the next ten years, I see this company becoming huge. You've probably seen the 3D virtual tours in real estate listings, that is just one application. It is also used for virtual tours such as in museums, virtual shopping in stores, and other innovative applications.
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