Is the Market Getting Ahead of Itself?
Softer-than-expected U.S. Producer Price Index data for October reinforced the hope that inflationary pressures are finally beginning to ease and fired a strong open for equities Tuesday morning. “Be patient,” advises Dale Pinkert, “and wait for pullbacks.” Pinkert, the head of trader development at TradeGateHub, joins Maggie Lake to talk about whether the trend has changed for the U.S. dollar and key levels to watch for the euro, precious metals, and soft commodities. We also hear from Dave Floyd of Aspen Trading Group about the technical indicators that guide his trading day. Watch the full conversation between Dave Floyd and James Helliwell here: rvtv.io/3AiGXJi. Learn more about your ad choices. Visit podcastchoices.com/adchoices