The stock market is rallying, but I don't buy it
Dr.Boyce D Watkins
Finance Professor and Entrepreneur at Boyce Watkins Enterprises
Hello, I hope you're doing well.?
If you haven't noticed, the last two days have been times when all of our hard work and consistent investing starts to pay off.?The market has been on a major rally today and yesterday, which is amazing.?
There are concerns I have about the rally, which is what I texted to the?Dr Boyce Prime students?this morning.?All that glitters isn't gold, but there are stock options strategies that can help you make money in this environment or any other.?
Basically, there is so much bad news embedded in this market that it's hard to get too excited. While there is a possibility that the federal reserve will ease its rate hikes, I doubt that's going to happen anytime soon. So, many of the rallies you're seeing right now might be the result of a dead cat bounce, where an oversold market is simply adjusting to a previous overreaction.
We are meeting for Stock Market Investing class this morning at 11 am EST.?In class, you can ask me questions about your investments, get stock market insights and also get access to a long list of stocks I personally researched and added to my portfolio this week.??
Feel free to do a 30-day?free trial in the program at this link.
Please take care and I look forward to seeing you at?The All Black National Convention?in three weeks!?
Sincerely,
Dr Boyce Watkins?