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SQQQ Reached the First Price Target
$SQQQ has reached the first price target. The price action is bullish, but I think there could be a pullback with some resistance at $11.90. The markets are shaky right now and there is panic selling taking place. ChartChamp socials: https://linktr.ee/realchartchamp
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Powell’s Updated Outlook on Inflation and Interest Rate
Overview of Current Economic and Inflation Status Federal Reserve Chair Jerome Powell addressed the state of the U.S. economy and inflation during a central banking forum focused on U.S.-Canada economic relations. Powell highlighted that, despite the economy’s overall strength, inflation has not returned to the central bank’s 2% target. This ongoing situation suggests that interest […]Read More
U.S. Retail Sales Surpass Expectations in March Despite Inflation Concerns
March proved to be a stronger month for retail sales than many had anticipated, according to recent data from the Commerce Department. With a 0.7% rise in sales, the performance surpassed the Dow Jones consensus forecast of a 0.3% increase, indicating resilient consumer behavior amidst rising inflation rates. Overview of Retail Sales Performance Retail sales […]Read More