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Let's Trade
Derek Hutson
93 episodes
4 days ago
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.
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Investing
Business
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All content for Let's Trade is the property of Derek Hutson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.
Show more...
Investing
Business
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8/26/21 - Markets holding breath
Let's Trade
10 minutes 17 seconds
4 years ago
8/26/21 - Markets holding breath

Markets today start very flat again, likely will remain that way unless there is a little bit of a pullback depending on what the various Fed reserve chairmen/women say. Due to improving unemployment, a lack of obvious inflation and increased consumer spending it is highly unlikely there will be increased stimulus from the fed, so we are likely going to hear tapering talk which could spook investors and cause a bit of a downturn.

Personally, I will be SOH today and likely tomorrow as well as there is going to be a lot of uncertainty in the markets as investors digest what the Fed executives say today, and Jerome Powell says tomorrow. Now may be a good time to start building up some cash to buy dips that are likely incoming in the coming weeks/months.

Let's Trade
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.