🎩 Nailed Another One. You’re Welcome

And what I’m looking at for tomorrow...

June 10, 2025

*together with the Trading Pub 

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Hey Folks,

I hope you had an awesome trading day!

Once again, the markets were green today — the S&P 500 and Nasdaq were each up half a percent — on optimism about US/China trade negotiations.

Commerce Secretary Howard Lutnick said the talks are going “really, really well,” but I don’t regard him as the most reliable narrator. They should wrap up tonight or tomorrow.

I have some predictions about what we might see tomorrow, but first I need to toot my own horn.

I bragged to you this morning that I went 5 for 5 last week, alerting “tactical trade” ideas that surged by double digits the day I alerted them.

Yes, all five alerts from last week gained at least 10%, and a few did significantly more than that.

Well, I pulled another winner out of my hat this morning. 🎩 Look at this beauty:

I hope you managed to watch that one from the beginning!

Either way, you’ll be glad to know I’m queuing up another idea (or two??) for my SMS list tomorrow. Check out the P.S. below for details on joining that at no cost.

But back to the markets, the real test of things will be tomorrow’s CPI report. You’ll recall that the year-over-year number for May reached 2.3%, its lowest since February 2021.

Economists are expecting a 2.4% readout for May as tariff costs start to show themselves. Of course, they were expecting a higher reading for April, too, so who knows?

There’s been so much yelling about how tariffs will increase inflation that I won’t expect much of a market move if the reading does come in at 2.4%. That’s probably priced in. 

But heads will explode if we come in at 2.2%, and knees may jerk if we come in at 2.5% or higher. Best to stay frosty!

Talk to you soon.

To Your Success,

P.S. You can text the word “RAGE” to 1-(888) 487-1534 to join my SMS list — and receive tomorrow’s “tactical” idea(s) — at no cost right now.

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