🎙Trading Insights: Navigating Volatile Markets & Profiting from Economic Data
[Listen Now] FOR TRADERS!
Good evening, traders! We have an exciting and eventful week ahead of us with major economic data points set to be released.
🎙As always, we offer a studio-grade audio version of our publication, so I highly recommend downloading the app and giving it a listen.
Last week, we issued a sell signal, and as a result, we witnessed a significant 400-point pullback in the NASDAQ. Personally, I was able to capitalize on this downward movement by taking a short position.
It's important to note that we are currently operating in a short-term trading environment, and considering the potential economic headwinds ahead, the market might not exhibit the same strength we have seen over the past six months.
Now, more than ever, I urge everyone to tune in to our publication and take notes. Staying informed and prepared will be crucial in navigating the upcoming market dynamics and I look forward to sharing my years of wisdom on Wall Street with everyone!
EVENTS & Introduction
Tuesday: PPI data release (Fed’s preferred gauge for inflation).
Wednesday: CPI data release (also a gauge for inflation), FOMC rate hike decision, and Fed Chairman Jerome Powell speaking.
Thursday: ECB rate hike announcement (which could impact US markets and the US dollar), Jobless claims, retail sales, and Phili Ced Index.
Friday: Opex expiration.