It’s a Trader’s World...

Last week was pivotal for the markets… [Jeff Clark's Market Minute]( It’s a Trader’s World… By Imre Gams, analyst, Market Minute Last week was pivotal for the markets… In fact, what happened last week could even set the tone for the remainder of the year. See, the market contended with two pieces of important economic data. The first piece of news came on Thursday, thanks to the release of gross domestic product data (GDP) for the first quarter. The result was hugely disappointing. GDP declined at a 1.4% annualized pace in Q1. This was well below the consensus expectation of a 1% gain. The second release of economic data was on Friday when the Fed’s key inflation gauge came in slightly hotter than expected. The core personal consumption expenditures (PCE) index rose 2.8% in March. Economists were expecting a rise of 2.7%. How did the market react to all this data? Well, the S&P 500 ended the week with a net gain of 2.67%. While that sounds impressive on the surface, it just means the market traded back to where it was on Monday, April 15. The bottom line here is that what markets hate above all else isn’t actually bad news… It hates uncertainty. Recommended Link [You need to know these two things about A.I. stocks ASAP…]( [image]( One of the world’s most successful investors just went public with what promises to be two historic predictions… - Many high-flying stocks of A.I.’s “First Wave” are about to come crashing down… just like many Dotcom stocks did. - When the dust settles, a “Second Wave” of A.I. stocks will explode higher in the next 36 months thanks to little-known “digital twin” technology. [To discover his winners and losers from the coming A.I. shakeout, go here now.]( -- A Trader’s Time to Shine For example, if investors are confident the Fed has to keep rates at these higher levels for an extended time, they can price the market accordingly. But when the Fed says one thing one month… and then something else the following month, that’s a completely different story. Market participants will have a much harder time agreeing on what a “fair” price for the market should be. In such conditions, you can expect to see melt-ups quickly followed by minicrashes. For traditional buy-and-hold investors, this is a hellscape. But for traders, this is their time to shine. It’s very important to know when you have an advantage in the market. During a runaway bull market, it’s true that buy-and-hold will likely outperform many trading strategies. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. But when the market trades in wide and volatile ranges, buy-and-hold will get you slaughtered. If you want to make real inroads with your trading this year, it’s essential you’re comfortable playing both sides of the market. You must know when it’s time to be long, but also when it’s time to play big moves to the downside. And if the market maintains its [bearish reading on my mechanical scoring system]( we’re likely to have quite a few bearish setups to be showing you. Happy trading, [Signature] Imre Gams Analyst, Market Minute [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](