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Traders are LOVING the Wave Indicator for these volatile markets. Nathan W says it’s giving him some “qood quick winners” See how it works LIVE at 1 PM EST when you claim a free RSVP right here.
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Thursday, April 17th
All our times have come // Here but now they’re gone // Seasons don’t fear the reaper // Nor do the wind, the sun or the rain // We can be like they are
– Blue Oyster Cult
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Markets Today
🌏 Asia-Pacific: Up
🇪🇺 Europe: Down
🇺🇸 United States: Mixed
🛢️ Oil: Up
⚡Crypto: Up
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Major Market Events
- UnitedHealth stock craters after ‘unusual and unacceptable’ results
- Eli Lilly soars as weight-loss pill results rival Ozempic
- American Express CEO: Consumers are still spending
🤔 My Thoughts
Now it’s sort of baked into his job description…
But almost EVERYONE is mad at Jerome Powell right now, including President Trump himself.
In theory it’s the job of the Fed Chair to make the hard trade-offs and politically unpopular decisions that will ultimately be good for the economy.
And because he’s supposed to be apolitical, he can also take the blame in the way that elected politicians can’t, because they have to work to stay popular to their voters.
Of course the reality is a lot more messy.
And before Powell even started speaking yesterday, the markets began to drop as his prepared remarks circulated on social media, painting a grim picture of the economy going forward, and essentially attacking the president’s tariff policies.
President Trump took to his Truth Social platform to say that “Powell’s termination can’t come soon enough” though with just about a year left of Powell’s term, it may be easier to wait him out than to fire him.
European central banks did just cut rates by a quarter point, and it’s obvious that President Trump wants Powell to cut as well…
But instead he’s predicting doom and gloom.
Powell might not be wrong! But being right and keeping your job aren’t always the same thing.
What does that mean for us as traders?
Well it means we expect volatility to keep cranking.
We’re going LIVE today at 1:00 PM EST to share how traders are targeting serious profits from these grim market conditions thanks to a nifty little tool called the Wave Indicator.
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