Posted 1/25/2024, 1:16:23 PM
Mixed Economic Data and Market Signals Give Traders Pause
- Multiple major economic reports being released today, including GDP numbers, which the Fed will look at regarding interest rates
- Markets showed correlation yesterday, with indices up until 3pm when the Dow dropped
- Today's market is not correlated
- Trader bias is neutral due to mixed market signals
- Hypothetical trading performance does not guarantee actual trading results; trading involves substantial risk of loss