About The Author

Frank Petricca

Frank Petricca is writer of “Petricca’s Pick” focusing on a Long Term approach for commodity traders that have an interest in Long term accumulation. Frank has worldwide recognition spurring innovation that points to communicating a different way to approach ones investment portfolio using commodity instruments. Contact Frank at 312-690-7763.

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Petricca’s Pick 10/26/2023

By On October 26, 2023 - 8:39 AM · In Market Commentaries, Petricca’s Pick

NASDAQ 100 UPDATE

 

My letters have been more than specific recommending SHORT POSITIONS for the NASDAQ 100.

 

Today the NASDAQ broke out to the downside and continues its downward trend…

Again, the fundamentals are bearish…

 

  • Interest rates continue at high levels causing pain for the consumer.
  • High energy prices continue to tax all Americans.
  • Meta stock tumbled nearly 4% today after the company warned of weakening advertising demand.

 

Those of you that called to protect assets during these unprecedented difficult times should hold these valuable positions.

 

Those of you that need protection should call today for entry levels.

312-690-7763.

 

In the meantime –

 

Have a great year trading…

 

All my best wishes…

 

Frank.

Questions? Ask Frank Petricca today at 312-690-7763.        
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