Band of Traders - Together We Trade 12-18-21: Sorry SEC, We Didn't Know We Couldn't Do That...
In the last regular episode of 2021, the guys in the China Shop discuss the latest hawkish move by the Fed, express disappointment with congress's lack of action in MJ reform and their unsurprising unity in violating rules to prevent insider trading. In Stocks and Trading, Kraft makes a savvy PR move, JPM gets fined by the SEC and JNJ's covid vaccine falls out of favor with the CDC. We also look at the charts for HPQ, ROKU and Z. The Crypto Corner research team draw a blank, so the guys instead pull up the chart for Ethereum for some more TA. It's the last chance to make a pick for The Bet, so it's time to pull those stop losses and go for broke!
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Links:
Fed Meeting and Press Conference Notes
MJ Legislation Blocked by Senate Leader
Biden's Build Back Better Bill on Hold til '22
52 Members of Congress in Violation of Federal STOCK Act
JPM Admits to Widespread Recordkeeping Failures, to Pay $125 Mill Penalty
CDC recommends Pfizer, Moderna COVID-19 shots over J&J’s
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