Coach Mark here.

A lot to break down in the Trading Justice podcast this weekend. My brother Matt and I will break down the week ahead on the podcast we release on Sunday but The Fed and Jerome Powell will likely get some analysis time this weekend.

Inflationary data has come in hot for two straight months. Since the Fed pivot late last year the markets have been partying, liquidity has been flowing, financial conditions have been loosening, and now inflation is picking up. What will dot plot forecast for rate cuts for the rest of the year? Will Powell show a complete lack of concern for inflation or will there be a change in tone? For the first time in a while, it is harder to speculate just what the Fed will say. We will break it all down in the podcast this weekend.

We will upload it on Tradingjustice.com and all of places you download podcasts by Sunday evening. I look forward to the conversation including discussing commodity breakouts, gold, semiconductors, and I am sure a ton of other subjects.

Have a fantastic weekend everyone!!!

Chart of the Day: S&P 500 (SPY)

Pullbacks to the 20-day moving average have been quality entry signals on this trend but will there be some hesitation in front of the Fed on Wednesday?

Today’s line up

Traders Lounge 11 AM EST

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Cashflow Club 8:30 PM EST

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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.

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