Hey, Ross here:
An interesting tidbit most don’t know from yesterday’s CPI report. Check it out – then enjoy the long weekend. We’ll be back with your regularly scheduled programming when markets open Tuesday.
Chart of the Day
This is an interesting chart I saw recently about yesterday’s CPI report. If you remove the shelter component, inflation has actually dipped into negative territory. In short, prices in those other areas are falling.
This is undoubtedly a positive sign, and we’ll know what the Fed thinks about it after their meeting at the end of the month.
But still, it’s not the time to get complacent. Just because inflation is coming down doesn’t mean a recession won’t follow right behind it.
Insight of the Day
The less information, the higher the risk.
The less you know about a stock, the higher the risk you’re taking in trading it. That’s why research is so important.
But here’s the thing. If you only ever “do your own research”, you’re probably missing a lot of critical information – information that could have a major impact on a stock’s price.
That’s why one of my most effective trading strategies is to see where those who have the most information about a company are placing their bets. The results – which include open positions with gains as high as 1,571% – speak for themselves. Find out more here.
Embrace the surge,
Editor, Stock Surge Daily