VIDEO: Discussing This Week’s Portfolio Plan With the Schwab Network

Chris Versace joined Marley Kayden at the Schwab Network to tackle the multiple things we need to focus on this week, from Mag 7 earnings to the Fed’s interest rate decision. He explains why the Pro Portfolio is closely watching this line of technical support for the S&P 500.

For the Fed, Chris explains why he doesn’t foresee an interest-rate hike spinning out of this week’s policy meeting, but he also warns investors looking for clarity on what’s next are likely to be disappointed.

We also talk about the CME’s launch of single-stock futures today, with Chris sharing why investors are likely to adopt them, and what that adoption means for market volatility. 

More Pro Portfolio:

Avatar photo

Posted by Chris Versace

With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to TheStreet Pro Portfolio (formerly Action Alerts PLUS) each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for TheStreet's Pro Portfolio. Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.” With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).

Leave a Reply

Your email address will not be published. Required fields are marked *