THE STOCK MARKET JUST GOT THE GREEN LIGHT FROM POWELL! - My Watchlist - 3 STOCKS TO BUY TOMORROW!

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The stock market got a surprisingly dovish Jerome Powell today and loved it as the S&P 500 & Dow Jones both raced to new record highs. With bond yields pressuring the fed chair this morning, alongside worries about the Fed dot plot, the stock market looked bleak this morning with the market ready to over react at the first comment. However Powell saved the day by coming in super dovish on everything from the SLR to guidance towards lift off. I go over what this all means for markets and how it will influence the economy and stocks over the next few months. The key is watching the digestion moving forward as the SP500 races towards 4,000 and then seeing how the SLR decision will effect things. Regardless, in the short term it seems as if investors have interpreted this as the green light as growth stocks and even bitcoin rallied following Powell's speech. It seems like this may be the case as long as Powell's data points hold up and unemployment + Inflation targets don't get met too soon.

In the middle of all of this I averaged down on UWMC stock and will be watching 3 other stocks coming into the rest of this week. I explain my logic on UWMC and why I chose to average down after 2 months. Then I go over MSTR stock again and highlight the weekly options and how they can be a good day trade if we see more bitcoin volatility this week that can carry over into stocks. Finally I go over MCD stock and its recent upgrade and how it could be a broadening market winner.

POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!


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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.