BIG ANNOUNCEMNT
***Fed Watch Party!**
Today is the day. At 1 p.m. ET, Karim and I are hosting a Fed Watch Party, so you can be with us for live reaction and commentary when the Fed announcement goes out.
This is the first time we’ve ever hosted a Fed Watch Party before, but since today’s announcement is so critical to the future direction of the markets, we wanted to give you the most transparent and real-time commentary possible.
So, be sure to join us live!
This Is A “Must Attend” Event, So Make Sure To Add It To Your Calendar Here:
Today is the day – finally.
Fed Chair Jerome Powell will take the stage to announce the FOMC’s decision on rate cuts at 2 p.m. ET.
Before then, I want to give you one stock that’s on my watchlist for a trade.
That stock is Walmart (WME).
You see… WME stands to gain on stronger consumer spending. When rates fall, borrowing costs fall.
That means households suddenly have more breathing room, and a consumer staple like WME is perfectly positioned to capture that extra demand.
Shoppers might not splurge on luxury items, but they will spend more on groceries and affordable discretionary items. That’s Walmart’s sweet spot.
Plus, Wal-Mart acts like a classic “safe-haven” stock since people buy groceries in bull and bear markets, so even if there’s a Fed surprise, this stock has extra defensive appeal.
Action Plan: Since the sentiment is already pointing to interest rate cuts, stocks like Walmart could move fast, giving us a strong short-term trade option.
It’s on my watchlist heading into today’s FOMC announcement.
If you want more trade ideas like this, plus a complete rundown of everything FOMC-related, sign up for our FOMC Watch Party below.
We’re going live at 1 p.m. ET today, so this is your last chance to sign up.