from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Today:
1. Hot CPI report with still high 8.2% inflation in consumer prices.
2. Gap lower open and then a reversal, will it hold. Options-ex is next week. Wild action. Tech was down and now it’s up. Semi-conductors were getting hit and now are higher. Will it hold through the close. Volume is very positive.
3. Gold was getting slammed and so was silver. Gold recouped its losses and silver is green. Platinum is rallying higher, 1.7%.
4. Bitcoin is below 19000 but has recovered slightly. In the bigger picture its going below $13k.
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