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Powering Forward (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 June 6, 2023

The market continues to power forward, and the bears are slowly going into hibernation. With all of the noise that obscured the real driving forces, many traders and investors missed the best first half in the market in 5 years!

The opportunity cost grows every day with the Fed in a de facto pause, using new language at the last Fed meeting in May that stated he would raise interest “if warranted.” The next Fed meeting is June 14th, and he is likely to either make another cryptic statement about the future of interest rates, such as a skip, which will equate to a pause.

The markets don’t care; there is now “Fed fatigue,” evidenced by the recent breakout and grind up, despite the Fed’s actions to raise interest rates 8 times in the past year. There is another force that is now eclipsing the market: artificial intelligence (AI). 

After the absolute blowout in earnings by Nvidia (NVDA) a couple weeks ago and big raise in forward guidance, AI is being adopted throughout society, organizations and businesses faster than anyone predicted. This is revolutionary; the next frontier and will create the next big wave of growth in the economy.

Positioning now is even more critical to maximize opportunities moving forward! Time is literally money.

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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

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