Amazon Market Rally with Nick Santiago (Ep #486)

April 28, 2023

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.

Today:

In this podcast, Kerry Lutz and Nick Santiago discussed the stock market rally, the number of layoffs, the Federal Reserve’s job mandate, the shrinking money supply, and the performance of gold, silver, and Bitcoin. They concluded that the market is responding positively to the layoffs, the Fed is likely to raise rates, and the precious metals are holding up well. They also discussed the potential for consolidation of banks and the introduction of Fed Now in July.

Key Points:

  • Discussion of Market Movements and Layoffs

  • Amazon’s earnings report

  • Layoffs

  • Federal Reserve’s job mandate

  • Quantitative tightening

Key Questions:

  • Will the Federal Reserve raise rates again after their next meeting?

  • Will the government give all the banks to Jp Morgan, Bank of America, City Group, and Wells Fargo?

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