8 Minute Read

Tackle Today: Powell Speaks Twice Today

December 1, 2023

By | No Comments

«What Will the Charts Look Like After?»

Coach Mark here.

At times I envy Coach Frank. Coach Frank is a pure technician. He let’s the charts do the talking. It is not that he doesn’t keep one eye on the news surrounding the market but his first, second, and third read are the technicals on the chart. He truly is a fantastic technician.

Fed Chairman Powell speaks not just once but twice today. While macro analysts like myself will attempt to parse Powell’s words and attempt to analyze what meaning they carry for the market, Coach Frank will be analyzing the technicals on charts. He will let the chart do the talking and act upon what he sees.

This technical first, second, and third approach is popular among many successful traders. It resonates with certain personality types and why Coach Frank is such an amazing coach for individuals wanting to go down that path.

If you are interested in coaching, we have it on sale this holiday season. We will meet with you and match you with the best coach for your personality and financial objectives. Coach Frank is a fabulous choice for those interested in becoming a master at technical analysis.

Have a fantastic Friday and weekend everyone!

Chart of the Day: Northrop Grumman (NOC)

One of our viewers brought up NOC on the Halftime Report yesterday. A truly beautiful weekly chart and symbolic of many charts out there in the market right now.

Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Cashflow Club 8:30 PM EST

Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the coaches at Tackle Trading can deliver.

Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Chart Modal

Tackle Trading

Book a FREE Consultation

Sign up for a free consultation to build your Educational Plan.