____________________________________________________________________________________
Urgent “Trading Volatility” Broadcast with my friend Jack Carter is LIVE today at 11 AM EST. Tune into the see how traders can ride the waves of volatility to target some serious winners
__________________________________________________________________________________
Wednesday, March 19th
“To convince people to back your idea, you’ve got to sell it to yourself and know when it’s the moment. Sometimes that means waiting. It’s like surfing. You don’t create energy, you just harvest energy already out there.”
-James Cameron
____________________________________________________________________________________
____________________________________________________________________________________
Markets Today
🌏 Asia-Pacific: Mixed
🇪🇺 Europe: Down
🇺🇸 United States: Up
🛢️ Oil: Up
⚡Crypto: Up
____________________________________________________________________________________
Major Market Events
- Slumping Tesla recovers a bit as Cantor Fitzgerald upgrades to “buy”
- Nvidia unveils plan to build massive in-house AI factories
- Morgan Stanley said to be cutting 2000 jobs
🤔 My Thoughts
In a world where everything is happening all at once…
Today’s Fed meeting is expected to be a whole lot of nothing.
And I agree with that assessment. Extremely unlikely that Powell makes any moves today…
But the meeting is still important for clues about future rate cuts coming down the pike, and how the Fed is reacting to the aggressive moves of the Trump administration around tariffs.
So despite a likely “nothing today” Fed meeting, we expect to see a lot of chop, and the VIX volatility index is still highly elevated at around 21.66 as I write this.
This is a chaotic market environment… which also means a big opportunity for traders… IF they have the right tools.
____________________________________________________________________________________
Testimonial of the day:
Russ T. about the Wave Indicator:
