Golden Nuggets: Two Guys Moving the Tape Today

Hey Trader,   Hello out there in Golden Setups land…   It's Tony Rago here, trading today's tape for all its worth. Volatility is creeping up today, which could bring plenty of profitable setups our way. There are two people "in play" in this market right now. One is Fed Chairman Jerome Powell. He's on his second day in front of Congress, testifying about the economy and monetary policy. Of course, CPI came in hotter than expected today - a big volatility catalyst - so it's likely Powell's going to stonewall in the face of Trump's calls to slash interest rates.   That brings me to the other, less predictable force working on the markets right now: Trump himself. The "Trump Effect," I call it.   Going back to 2017, when a Tweet about Air Force One sent Boeing much lower, the markets have paid attention to the president's social media presence, and Trump 2.0 is no exception.    If anything, market response is even more volatile now, with "headline risk" as high as it's ever been. No need to freak out over it, though. Just stick to discipline and, as the "Trump Effect" generates $620 "Golden Setups," move in and out according to our rules. Get the day done!   I'll be in touch. Tony Rago TheoTRADE Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.   Unsubscribe TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876