Trends, News, and Insights to Help You Trade the Markets | Weekly Market Updates 7.13.2024

Welcome to GhosTrades, the podcast that empowers you to master the art of option trading. This podcast is dedicated to providing you with the knowledge, tools, and insights you need to beat the system and achieve your financial goals.

In this episode, recorded on a scorching Saturday, July 13th, 2024, Scott C. dives into the latest market trends and insights. The S&P 500 is on an uptrend with higher highs and higher lows, but what does this mean for your trades? Scott breaks down the key events of the past week, including Fed Chair Jerome Powell's testimony before Congress and its impact on market sentiment.

Learn how the latest CPI and unemployment claims data are influencing interest rate predictions and what this means for your trading strategy. Discover why core inflation readings and housing cost trends are crucial indicators to watch. Scott also shares his analysis on Bitcoin's recent performance, its break below the 200-day moving average, and what this means for traders.

Whether you're a seasoned trader or just starting, GhosTrades is your go-to resource for staying ahead in the dynamic world of trading. Tune in to gain valuable insights, improve your trading accuracy, and make informed decisions. Manage your risk appropriately, and always continue learning with GhosTrades.