Power Plays Market Update
October 5, 2022
By Scott Redler
I'm just here to deliver a quick market update to you.
In Friday's Weekly Roundup, I said "this is still time to conserve capital and manage risk" and that's certainly true today.
We had a big move up yesterday, but we're in danger of giving too much of it back.
I had eyes on names like Nvidia (NVDA) and Meta (META) for Power Plays, but they've pretty much all failed.
The recent economic numbers could make the Fed more hawkish, which is something we don't want to see.
So let's be patient until we see more signs of stability.
Stay tuned for more updates.
Scott Redler Positions Disclosure