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OptionPundit MoneyMonday 5 Feb 2024
OptionPundit Money Monday Summary 5 Feb 2024
January ended in a weak note with several dislocations in the market where the gains are largely led by mega-tech growth company. A hot job market and wage growth numbers released last Friday can lead to a higher inflation and slower interest rate cute, hence do be caution in your longer-term portfolio. Although the markets are making new highs, the strength of such moves is declining.
Important economic data to note: 5 Feb 2024 Mon ISM Services PMI Jan 7 Feb 2024 Wed Balance of Trade Dec
Earning announcements to watch out for: MCD, CAT, LLY, PEP, DIS, PYPL, MSL
Please do your due diligence on the stock/s as mentioned: HUM
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Meet Your Host
Hi I'm Manoj Kumar
B.Tech. MBA, CTA
Since 2006, Manoj has trained thousands of people to start their trading journey, generate consistent returns from the financial markets and build profitable trading systems. In fact, he is called #1 Options Mentor as many of his mentees have now either become full time traders or one of the top coches in their respective countries.
Manoj Kumar, founder of OptionPundit.com, is an MBA, registered CTA and arguably one of the most original options traders globally with over 800+ articles under his belt. His blogposts have been featured on Bloomberg, Google Finance, Chicago Sun Time, Palm Beach Post, Reuters, etc.
My team and I are passionately committed to help you succeed as a richer, wiser, and happier investor so you could make this world a better place.
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