📈 This Will Improve Your Trading Instantly...

Paying attention to this data will benefit you greatly.

Bond Auctions are Moving the Market

Something that I think a lot of traders are not paying attention to that would help them understand moves in the market much better is bond auctions.

Nearly every day we have been having bond auctions, usually at 11:30 AM and 1:00 PM that drastically move the market.

Depending on how the bond auction goes, we typically see a response in the market, and most people are ignoring them.

I use this site to track bond auctions and I highly recommend that you do as well.

GDP / PCE Incoming

We also have some important economic data coming out today and tomorrow that I want you to be aware of.

Today at 8:30 AM we have GDP data coming out. The market is expecting a very low number. Our previous reading was 3.4% and expectation is that it will come in at 1.6%.

The PCE reading will also be extremely important to understanding the state of the economy.

If GDP comes in as low as expected and PCE comes in hot (which it is expected to), this could stock fears of stagflation. Essentially it would signal that we are still seeing stagflation plus the economy is contracting.

These are the numbers we need to watch today and tomorrow.

I talk in length about economic data to watch, how it impacts the markets, and signs in the market that are making me cautious in this video: