New San Diego Presentations and More Inflation News
First and foremost, Ardi and I are offering one of our books for free for the next 5 days on Amazon. Please make sure to grab a copy for yourself and, as always, we appreciate you taking the time to post your honest reviews and feedback on Amazon! You can grab your copy here.
Checking Trading Terminal’s economic calendar, today’s inflation numbers for producers, known as the Producer Price Index, came up higher than expected and now members of the Federal Reserve are speaking about more aggressive rate hikes. As I mentioned earlier, the Fed might need to engineer a severe recession to bring back price stability. Today, I switched all of my positions on TQQQ and SSO to cash and Treasuries. Let’s see what the market brings us tomorrow.
One last thing, we now have almost 100 traders signed up for our San Diego meetup. We have also added 3 new presenters. Brian, John, and Jarad will be joining us in San Diego and they will be leading presentations on their TradeBooks. John will be speaking about his Break of High of Day trades, Jarad will be speaking about trading options, and Brian will be discussing his approach to trading at the Open.
I am looking forward to spending time with all of you in San Diego! At the moment, we have 8 technical presentations, 2 psychology presentations, and 2 mentorship panel discussions lined up. We’ll also be trading live together and you will be able to interact with and learn from other traders and our leadership team. Don’t forget to RSVP now. Friends and family are welcome to attend our gala-style dinner and social!
To your success,
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