Why This Bad Economic Data Was Good for Stocks

Daily Video Newsletter Thursday, February 29, 2024     Welcome to the Thursday edition of the TheoTrade Report.    Webinar Replay Catapult to Profits: The Moonshot Formula With Don Kaufman Click Here   ================================================     Free TheoNight Report - for Thursday, February 29, 2024 by Blake Young - Why This Bad Economic Data Was Good for Stocks   So, it seems "bad news is good news" again - we've seen this cycle a few times in recent years…   Investors have had the chance to digest not-exactly-great economic data several times this week - including today, when the PCE numbers hit the street.   None of that data was positive; we haven't had a single piece of good economic news all week.   So why aren't investors headed for the hills? Why aren't they hunkering down. This is a sign the economy is fading, right?   Well, that is the good news - for stocks at least. Investors are weighing the odds a weakening economy will prompt the Fed to cut rates sooner, rather than later, in 2024, and that's usually rocket fuel for equities. Sure, the American consumer and the broader economy will get the short end of the stick, but this is all perversely bullish.   Let me explain…   Click here to watch the video     Brandon Chapman - Feb 29 - Why IWM Is Beating the S&P 500 If you can't tell we're in a FOMO-driven market right now, look no further than the performance of the small-cap heavy IWM. Here's what's happening…   Brandon Chapman - Feb 29 - Try This Short-Squeeze Strategy Find yourself on the right side of this squeeze and you could pocket $28 on some significant moves I'm seeing out there over the next three days. Here's how…    Feb 29 - Free eBook: The Rebel's Guide to Trading Options No one's born knowing how to trade, of course. That's why we wrote this ebook. It's an accessible, plain English, and fun way to get started in one of the most lucrative parts of the market. Even more seasoned traders will find plenty to use here. It's all yours…      Recent Media Appearances by TheoTrade   NEW! Jeff Bierman talks A.I. with YahooFinance LIVE Click here to watch and read the interview >>>   Follow Us on Twitter for Free Market Updates Throughout the Day: https://twitter.com/TheoTrade   NEW MEDIA CHANNEL - JOIN TheoTRADE on RUMBLE TheoTrade Rumble Channel     NEED HELP? LOOKING FOR MORE ADVANCED TRAINING? CALL OUR VIP CONCIERGE SUPPORT TEAM: (623) 244-5657   For live updates throughout the week join the TotalTheo® Unlimited Monthly Streaming: https://theotrade.com/all/   Get 6 Months Membership Access for FREE Click Here to Open and Fund a NEW tastytrade Account   Follow these step by step directions:   1.  To open an account with tastytrade and enjoy an additional 6 months of TheoTRADE membership, start by clicking the button below..         2. Follow the directions on that page to open a new account.     3. Fund the account with a minimum of $2,000 in the next 30 days and keep open for at least 6 months.   4.  IMPORTANT: After the new account is open AND funded email support@theotrade.com so we can verify your new account.  Please note it may take us up to one week to verify your account from the time you email us.   5.  TheoTrade will then provide you membership access for 6 months!   Click here to get started now...           Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.     TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876     If you no longer wish to receive our emails, click the link below: Unsubscribe