Hey friend,
Charles Green here, Senior Market Analyst here at Traders Agency.
Here’s today Market Pulse 360.
Market Pulse 360 for April 12, 2023
CPI comes in cooler than expected and the 12-month downtrend continues. Futures up in the pre-market.
This could be the catalyst that takes the market up another leg to 12,500 (the resistance level) on the NASDAQ.
As we approach the next Fed meeting on May 3 with a continuation of cooler inflation, the Fed could pause at this meeting. In any event, this is positive news for the market.
So far, Q1 earnings season has indicated companies are making adjustments to improve their balance sheet and profitability, and this should also be very positive for markets with YoY comparisons getting easier to beat going forward.
The fundamental and technical setup continues to get better!
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A Bit More About Me
My specialty is understanding financial markets and the drivers that influence longer-term direction. I’ve been an active trader focusing primarily on stocks for over 20 years.
I’ve also:
- Been an adjunct finance professor for nearly 20 years
- Worked as a financial consultant with Merrill Lynch managing millions of dollars
- Earned a Master of Science Degree in International Business and Finance from Georgetown University and a Bachelor in Arts Degree in International Studies from George Mason University.
- Spent 14 years as a Marine (I enlisted at age 17) traveling all around the world
My education, work and life experience gives me a broad view of the world, financial markets, and life in general that informs my trading and investment decisions.
My passion is helping others to take advantage of the best market opportunities to achieve their financial goals.
This gives me the greatest satisfaction, and it’s the reason why I continue to teach in the classroom and outside of it today with every activity in which I engage. I believe that I succeed only if clients succeed.
I am a very unlikely success story. And this is only because I believe that anything is possible with the right knowledge, focus, and winning mentality! When you have that, success is just a matter of time.
Charles Green
Senior Market Analyst, Traders Agency
