Another volatile week in the markets that ended in a round of heavy selling on Friday as the jobs report came out hotter than expected. This sounds like a good thing for employment and the economy, but green lighted what is predicted to be another 75 basis point rate hike from the Federal Reserve. Back and forth headlines are whip sawing the market around, and this week was no different!
Ford is raising the prices on the F-150 lightning
Musk agrees to buy $TWTR at $54.20/share
OPEC cuts oil production by 2 Million barrels/day
Jobs added 263K vs 250K expected
Unemployment down to 3.5%
Institutional selling in Enphase $ENPH and solar
Marijuana being looked at by DOJ and HHS
DKNG DraftKings looking to partner with ESPN and Disney
Tesla begins producing the SEMI with first 100 units going to PepsiBusy week ahead with CPI numbers coming out and earnings results being posted.
Week 42, we look at some companies that are trading at a yearly low and also companies that could rally into the end of year!
Week 42 INVESTING CHALLENGE on "Let it Grow Investing - podcast" on Facebook! FB GROUP: https://www.facebook.com/groups/3149013668660459/
1. GIS General Mills 2. HON Honeywell 3. IIPR Innovative Industrial Properties 4. LHX L3 Harris 5. MCD McDonald's
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