Double-Digit Gain Today, Bigger Move Tomorrow?

Christmas trees🌲 aren’t the only things going green

December 11, 2024

REMINDER TONIGHT 8pm EST: 

Jason Bond will be revealing the 7 secrets to growing accounts with Warren Buffett’s best business principles.  

Hey Folks, Jeff Bishop here.

Today was an awesome day for the markets. 

After Friday’s “Goldilocks” jobs report, investors were still a bit wary that November’s CPI report might derail the Santa Rally 🎅🏻.

I wrote to you on Monday that “I am not scared to trade through economic events coming up. …They are usually good for the markets!”

Turns out that the CPI data — released today — was also perfect. It was right in line with expectations, setting Powell up perfectly for an all-but-certain rate cut next week.

As one investment strategist told CNBC “With no surprises, the direction of the market’s been higher, and there’s been nothing to derail it from melting up into year-end.”

Sitting on the sidelines through today would have meant missing the 0.9% gain in the S&P 500 and the 1.8% gain in the Nasdaq Composite.

The Nasdaq even crossed 20,000 for the first time!

Stocks were more green than a Christmas tree 🌲 and there were plenty of opportunities to profit. 

I was glad my “tactical trade” idea from this morning made it into double-digit territory:

That’s the kind of “base hit” I love to see.

I’m working up another very exciting “tactical” idea for tomorrow morning… 

It’s a company whose lead product could have really benefited my late mother, so I’m especially eager to share it with you.

I’ll be posting everything at this link at 9am EST, so be sure to bookmark it and refresh it at that time.

But for now, let me draw your attention to an important event my colleague Jason Bond is hosting tonight at 8pm EST…

It’s an opportunity — at no cost — to learn from a man who has stacked track records like this:

I strongly recommend: At 8pm EST…

Speak with you again in the morning!

To Your Success,

Jeff Bishop

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