This Nasdaq Chart Could Signal the Best Time to Buy Stocks
Is the economy going to crumble if the Federal Reserve hits us with another rate hike tomorrow?
I’ve seen a lot of scary narratives about it … maybe it’s a Halloween thing? Because I’m seeing something else…
In fact, there’s one chart I want to show you.
This Nasdaq indicator has pointed to some historical returns in the stock market.
Plus, everything changed earlier this year…
The AI narrative took shape. We saw Big Tech companies really lift off (many in our Strategic Fortunes portfolio).
So what’s next?
I have been saying this — we’re in a bull market.
And now could be the perfect time to buy stocks before 2024…
(Or read the transcript here.)
🔥 Hot Topics in Today’s Video:
- Market News: U.S. consumers (we the people) are spending more money than economists expected. That’s because the jobs market is still running hot. Here’s how the Fed might respond. [1:00]
- Market Moves: This 200-day moving average could signal a “line in the sand.” Aka: The best time to buy stocks. [4:45]
- Mega Trend: Hedge fund managers are ratcheting up their exposure to uranium — a “Next-Gen” energy sector. [8:19]
- Investing Opportunity #1: Consider buying this exchange-traded fund if you want to invest in uranium and nuclear energy.
- Investing Opportunity #2: Subscribers of the Strategic Fortunes newsletter also have access to our new nuclear innovator stock pick! Find out how you can subscribe here. [10:00]
- Crypto Corner: “What makes bitcoin valuable?” Art asked, and I answered. [12:20]
Until next time,
Ian King
Editor, Strategic Fortunes
My career on Wall Street started while I was in college. I spent a summer interning for Merrill Lynch in the middle of the ‘90s bull market. I was fascinated with trading, and as a result, after college, I joined Salomon Brothers in the famed mortgage bond trading department. Later, I spent time at Citigroup working with credit derivatives. Eventually, I needed to walk away from the excess of Wall Street. That’s when I joined Banyan Hill in 2017. Now I help readers get ahead of the market and build their retirements.
