8 Minute Read

Tackle Today: A Week of Catalysts

December 12, 2022

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«Prepare yourself.»


We face a big week of catalysts. Tomorrow the CPI Report for November arrives, giving the Fed one more inflation-related data point to mull over for their meeting and rate hike decision that comes on Wednesday. The ECB and Bank of England are also getting in on the action with their own policy decisions on Thursday. Toss in a retail sales report and traders one heck of a busy week.

Of course, it’s never the news but the reaction that traders care about. Stocks are drifting. Last week’s break of the 20-day moving average killed the vibe, and we need to get back above it to re-ignite the potential for a year-end rally. If you need a sentiment check, consider the AAII Sentiment poll below. Pessimism reigns.

Video of the Day: Gino’s Gems – Best Moving Averages for Swing Trading

In today’s Gino’s Gems, Coach Gino talks about the best Moving Averages set up for Swing Trading.

Chart of the Day: AAII Sentiment Poll

Chart of the Day: AAII Sentiment Poll

According to @CharlieBilello, at 37 weeks, this is the longest streak of negativity that we’ve seen in the AAII sentiment poll (data goes back to 1987).

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.

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 Matt and Tim can deliver.

Tackle 25 MasterMind Group 7:00 PM EST

PRO Members are invited to join and learn how to better use the Covered Call System using the Tackle 25 stock list with an expert coach.

Weekend Reports

Watch the Stock, Options, Commodity, and Tackle Newsletter Reports to help you prepare for the week.

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

Financial freedom is a journey

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