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Please Read This Special Market Update

Hey friend,

Charles Green here, Senior Market Analyst here at Traders Agency.

In case you missed last week’s email, I’m going to start sharing some of my market insights with you in a new section called Market Pulse 360.

Every time there’s something important going on in the markets I think you need to know, I’ll send you a short update distilling all the critical info into a couple short paragraphs that’ll take you less than a minute to read.

I’m confident that this will be able to replace most of the empty fluff the mainstream financial news media pumps out…

Saving you time AND making you smarter in the process.

At the end of every update, I’ll also give you a brief recommendation on what I think is the ideal strategy for succeeding in the current market.

So, go ahead and check out today’s Market Pulse 360 – and I’ll tell you a bit more about myself at the end.

Market Pulse 360 for March 10, 2023

Today’s Non-Farm employment number was an increase of 311k, lower than last month’s big rise of nearly US $700k. The unemployment rate ticked up to 3.6% from 3.3% last month. These two data points are positive for markets and for reducing inflation, which will be favorable for the Fed.

Futures are up in pre-market, but markets have been extremely volatile in the past two weeks, especially with the past CPI Report and PCE (Personal Consumption Expenditures), both of which the Fed observes, so this may not hold.

A bigger looming issue that just manifested over the past few days is the failure of Silvergate Bank, the go-to-bank for crypto business, is shutting down. This is resurrecting fear of the Financial Crisis, due to the question of contagion and spill-over to other banks. Is there systemic risk?

Already this morning trading in SVB Financial (SVB), has been halted in pre-market. Stock price has dropped from $260 to $39 this morning. The market will be focused on this issue today more than anything else.

Next week will be critical with the CPI, PPI, and Retail Sales next week. Market sentiment is increasingly turning negative, but we must remind clients that these are short-term issues, and the bull market narrative is still intact.

We are still up 10% for the year and 10% off the lows set in October 2023. Inflation is down more than 30% since the peak, and it is trending down. The bull market has slowed due to slightly higher than expected inflation from last month, but one-month does not make a trend!

The risk is still to the upside, not the downside.

Recommended Strategy

Insider Effect – even in a falling market, there are stocks that could be about to move significantly higher thanks to information most of the public doesn’t know about… yet.

A Bit More About Me

My specialty is understanding financial markets and the drivers that influence longer-term direction. I’ve been an active trader focusing primarily on stocks for over 20 years.

I’ve also:

  • Been an adjunct finance professor for nearly 20 years
  • Worked as a financial consultant with Merrill Lynch managing millions of dollars 
  • Earned a Master of Science Degree in International Business and Finance from Georgetown University and a Bachelor in Arts Degree in International Studies from George Mason University.
  • Spent 14 years as a Marine (I enlisted at age 17) traveling all around the world

My education, work and life experience gives me a broad view of the world, financial markets, and life in general that informs my trading and investment decisions. 

My passion is helping others to take advantage of the best market opportunities to achieve their financial goals.  

This gives me the greatest satisfaction, and it’s the reason why I continue to teach in the classroom and outside of it today with every activity in which I engage. I believe that I succeed only if clients succeed.  

I am a very unlikely success story. And this is only because I believe that anything is possible with the right knowledge, focus, and winning mentality! When you have that, success is just a matter of time.  

Charles Green

Senior Market Analyst, Traders Agency

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