700k
2023-03-10

$Ocean Biomedical(OCEA)$  

Congratulations to trader who bought it below $7 on premarket and sold it at $10-$11 on open market.

Yesterday was one of the most important days of March for the stock market.

FED Chairman Powell dropped the bomb that interest rates are likely to be higher than previously anticipated.

Stocks sold off sharply immediately after as fears and worry kicked in amongst investors.

What does this mean for us?

The next few days/weeks are probably going to be very volatile.

This is also the time period when many people in the stock market lose money - they are victims of volatility.

But, what if you could take advantage of volatility and profit consistently on a regular basis?

You see, contrary to what most think, many highly profitable traders LOVE volatility - it’s what makes them a lot of money.

The goldmine lies in knowing how to spot the right momentum shifts and profiting from them.

How to Interpret Powell's Testimony?
Federal Reserve Chairman Jerome Powell is scheduled to testify before Congress on 7th and 8th March. Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected. The stock market plunged after his speech. Some investors argue that the market is over-reacting. --------- [Topic] How do you interpret Powell's testimony? How do you expect Powell's testimony tonight? How will the testimony affect rate hike expectations?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • YvetteGunther
    2023-03-11
    YvetteGunther
    2 years from now, this company could easily be worth at least 2 to $3B. If you can't wait to see them in the clinic, sell and move on. Read/listen to what they have. It is once in a lifetime opportunity.
  • KittyBruno
    2023-03-10
    KittyBruno
    VERY close busting $11, and then $13+ is credible. Let’s go again, but this time finish the job.
  • XantheJuliana
    2023-03-11
    XantheJuliana
    It's not just this stock it's most Life Science Stocks that do things like celebrate when they get IND initiation approval (which everyone in the industry knows is a nothing event). This stock is way overpriced.
  • BaronLyly
    2023-03-10
    BaronLyly
    I like bio that saves lives. It has support of longs and the fundamental promise it holds.
  • littlesweetie
    2023-03-10
    littlesweetie
    Just remember this thing dumped for a good 3 weeks after the last run like this. Be careful.
  • YorkTurner
    2023-03-11
    YorkTurner
    There is no product or sales and everything at this point is just pure speculation.
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