Hey friend,
Charles Green here, Senior Market Analyst here at Traders Agency.
The team asked if I could start sharing some of my market insights with valued members like you – and of course, I said yes.
I’ll tell you more about me in just a second, but here’s how this new section – called Market Pulse 360 – is going to work.
A few times a week, I’ll send you a short update distilling what’s happening in the broader markets into a couple short paragraphs that’ll take you less than a minute to read.
I’m confident that this will be able to replace most of the empty fluff the mainstream financial news media pumps out…
Saving you time AND making you smarter in the process.
At the end of every update, I’ll also give you a brief recommendation on what I think is the ideal strategy for succeeding in the current market.
So, go ahead and check out today’s Market Pulse 360 – and I’ll tell you a bit more about myself at the end.
Market Pulse 360 for March 1, 2023
Since the last employment report, CPI report, and PCE (Personal Consumption Expenditures) were higher than normal, the market has moved sideways, with NASDAQ between 11,500 and 12,000.
This is the same pattern (at a lower level) we observed from Oct-Feb (10,500 and 11,000) prior to the last FOMC meeting on Feb 1, which was the catalyst for the breakout above NASDAQ 12,000.
The market is likely to remain in this holding pattern until new data shows employment and inflation cooling down more.
Prior to these last reports, the CPI had been trending down (from 9% in June to 6% in December). This trend needs to continue in order for the market to take another leg up.
Recommended Strategy
Insider Effect – even in a sideways market, there are stocks that could be about to move significantly higher thanks to information most of the public doesn’t know about… yet.
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
