Critical Time For Markets & Tech: Price Increase Coming In 24 Hours

We have a price rise coming in 24 hours. It's a great time to lock in the current price before it goes up. You can start with a free trial here.

We have the Fed decision on Wednesday and the G-20 meeting June 28-29.

I don't expect a positive outcome from the trade meeting.

I do expect the Fed to say they expect a rate cut at their meeting in July.

The market, despite terrible macro and fundamental news is holding up incredibly well. I take that as a bullish sign despite me being fundamentally bearish.

We recommended to take off a chunk of the SMH short lower and have recommended to subscribers to start adding again. We saw the Broadcom (NASDAQ:AVGO) news as confirmation of a "broad-based" slowdown in tech and semis. I expect further downside for semis.

Again though, despite the fundamental weakness that should be hitting the markets, the markets are holding up like a champ. I think because of coming rate cuts. ie "Don't fight the Fed."

My guess is we could get a pop for the Fed meeting if we hold ahead of it. But then it's time to watch out come the G-20 meeting.

We have a price rise coming in 24 hours. It's a great time to lock in the current price before it goes up. You can start with a free trial here.

Wishing you all success.

All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC, and their related parties harmless. We have no holdings in the stocks mentioned unless otherwise noted.

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