Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
Your email will always remain private.

Market Lab Report - Pre-Market Pulse for Thursday, April 3, 2018

Major indexes reversed yesterday on higher volume following an initial reaction after the Fed policy announcement as the Fed held rates steady but indicated further interest rate increases are likely given that U.S. inflation is ticking higher. Should inflation accelerate, the Fed will become more aggressive about hiking rates. Meanwhile, economic stability continues to be called into question with regard to the deteriorating middle class at home and abroad. As Ray Dalio of Bridgewater astutely pointed out, 60% of those in the US are seriously struggling, while the divide between the haves and have-nots has never been greater. The top 1% now represent the bottom 90% of wealth. The global economy remains stuck despite near record levels of QE capital being printed. This will eventually force the Fed's hand to either reverse their rate hikes, potentially within the next year or two, or devalue the dollar. Other currencies would follow suit. 

Futures are dropping sharply this morning with no news catalyst as the market follows through on yesterday's weak finish.

Focus List Notes:
With the indexes in a downtrend, long positions are not advised.
FTNT is expected to report earnings today after the close.
SQ reported earnings and failed to satisfy investors. The stock is gapping down this morning below its 10-dma and 20-dema after closing below the 50-dma yesterday.  
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy