Investors have thrown in the towel with rates, notes Ted Weisberg. He discusses how stocks rise with the government shutdown looming, as well as market takeaways from September. He talks about how reality is that not a lot has changed in the past few months. He questions if it will be tech that gets markets out of the malaise? He forecasts Fed actions for the rest of 2023. He mentions that when you don’t know what to do, sometimes it’s best to do nothing. He then goes over his stock picks Chubb (CB), Exxon Mobil (XOM), and Occidental Petroleum (OXY). Tune in to find out more about the stock market today.
Trading 360
28 Sep 2023
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