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:
Banking crisis is in full swing. Rates coming down, but yield curve is inverted. Banks were caught flatfooted as the Fed. No one wanted SVP or Signature. Money is going to tighten up. Will the Fed cut rates next week? Is QT coming to an end? Unknowns equal selling pressure.
Gold took off today after good days on Thursday and Friday. Silver is up 6%. Fear is in full swing.
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