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- April 3rd Stock Market Update Jerome Powell says it will take a while to get inflation under control
April 3rd Stock Market Update Jerome Powell says it will take a while to get inflation under control
$MU $MPC
Mukund Mohan
April 03, 2024
Market
“Chairman of the Federal Reserve said it might take a while to get inflation under control, which while not increasing is not going down as well. He also said they won’t cut interest rates until they get confirmation that they have tackled inflation” 🥴 😳
Still resilient market. Every time the indices get to the 21 MA on the daily, they move up
The buy the dip strategy seems to work for the current market, but be careful. I personally am still cautious on my trades and am taking smaller positions.
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Today’s write up is on Sport Radar, a sports gaming data and technology company.
Good setups for swing
Stick to what works. $MU will get to $135 from my mention at $85 (swing)
Oil is getting back to over $85 a barrel and $MPC should get to $225 range