Tackle Today: When a GDP Needs Recycling ♻ | Tackle Trading: The #1 rated trading education platform

Tackle Today: When a GDP Needs Recycling ♻

cover img When a GDP Needs Recycling min

≈ But not the headlines. ≈

Recycling rates have been steadily improving. It is estimated that about one-third of the waste created in the United States is now recycled. These trends are likely to keep improving as is anyone really “anti-recycling?” No, your neighbor throwing out their plastic in the regular garbage does not make them anti-recycling… it just makes them lazy.

And a hearty gut gemacht to Germany who boasts a recycling rate of over 60%. Now Germany, could you kindly look into fixing your declining GDP growth rate? The bulls in this market want to run and your economy sinking to near recessionary levels is making bulls a little nervous. Vielen Dank.

Do you know who else likes to recycle? The mainstream financial media. For what seems like the 200th time in the last six weeks (ignore the math) mainstream financial media outlets blasted the headline on Friday:

“Markets up on Trade Optimism”

I guess “markets up because this market is driven by Fed policy and also have a bullish bias today” has too many characters. What market headline are they going to recycle once the trade war is over?  Hopefully, the Brexit mess is still going on:

“Markets up on Brexit Optimism”

Only one additional character. Nice.


Chart of the Day

I’ve got to break free through

image 6

Here we are again. Resistance is a real thing and we ended last week’s bullish run coming off a pullback to close right at the resistance zone. This market sure feels like it wants to break through… will this be the week or will resistance hold again?


Video of the day

What is Initial Public Offering

An Initial Public Offering—known as IPO— is the process by which a private company goes public by selling its stock shares to the general public for the very first time. It is also called “going public”.


Today’s line up

Traders Lounge 11PM 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 12:30PM 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.

Market Recap

The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.


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