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Traders Agency > Archives for September 8, 2023

September 8, 2023

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Unlearning False Beliefs

Hey friend, Let’s see how markets have been moving as we close out the trading week. The Daily Direction Note: Bad news around Apple, oil price increases, worries about more Fed rate hikes thanks to lower-than-expected jobless claims – they all worked in concert to weigh down on indexes. All short and medium-term directions have thus flipped downward. The Daily Nugget Becoming a better trader requires unlearning many preconceived….

The Tech and Chip War (Market Update from Charles Green)

Charles Green here, Senior Market Analyst here at Traders Agency. Here’s today Market Pulse 360. Market Pulse 360 for September 8, 2023 More on NVDA and AAPL: The tech and chip war continues. In retaliation for the tough stance the US Commerce Secretary took against the Chinese Government during a recent visit and ongoing tension over the US banning AI chips from china for fear of use in military….

What the Dollar is Saying About the Stock Market

Hey, Ross here: And before we head off for the weekend, let’s look at a chart that has been inversely correlated with the stock market’s performance this year. Chart of the Day This is the DXY – the U.S. Dollar Index. And as you can see, it has largely been inversely correlated to the stock market this year. When the markets were going up – it was going down…..

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