Traders,

The last major economic report before tomorrow’s final Fed announcement of the year has arrived, and the market is lovin’ it. Here are November’s Consumer Price Index (CPI) details:

Expectations: +0.3% month-over-month, +7.3% year-over-year

Actual: +0.1% month-over-month, +7.1% year-over-year, core CPI was +6%

For reference, October’s numbers saw CPI at +7.7% and core CPI at +6.3%. So, inflation continues to cool, supporting the Fed’s plan to downshift the pace of rate hikes. One sour note was that services inflation remained at the same level as last month at 7.2%. Stocks are up bigly this morning, particularly the Nasdaq and growth stocks. Meanwhile, bond yields and the dollar are getting whacked.

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Trading for Beginners: Gino’s Gems – Charting Fundamental Ratios

In today’s Gino’s Gems, Coach Gino Poore talks about Charting Fundamental Ratios. #tradinghacks

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Chart of the Day: CPI Details

Here’s an under-the-hood view of what’s driving the CPI rollover.

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Tales of a Technician

Investing & Taxes

Today I’m sharing a few best practices. These are things I wish I knew when I began.

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.

The Coaches Show 8:30 PM EST

This is our weekly MasterMind group. Join the coaches tonight, 8:30 PM EST to discuss the markets and help you prepare for the week.

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.

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