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. Markets are struggling. Markets are stalling out. Sellers jump in. A. Geopolitical events. B. Yields are pulling back a little but nobody is buying into it. C. Everyone is scared to hold over the weekend with a war looming.
2. Earnings are out. AMZN & INTC are strong today after reporting. Amazon had a great reaction to its earnings. Intel also had a strong report and both are up 10%. Markets still struggling.
3. Next Wednesday the Fed is going to report their interest rate decision. They are expected to keep rates unchanged, but the wars are hurting the plan. War is inflationary as you know.
4. Gold is holding well.
5. Bitcoin is flat.
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