(Recorded on 11/19/24) In Module 5, learn how to harness the power of Average True Range (ATR) to improve your day trading success. You’ll discover what ATR is, how to calculate and add it to your stock charts, and how to set profit targets and stop losses using...
Segment 1: Historical Lessons From January
SEGMENT BEGINS AT 00:40
Economist Jerry Robinson shares fascinating historical statistics about the month of January and takes a look back at market performance in 2021.
- The January Barometer and the January Trifecta
- In 2021, the S&P 500 gained almost 27%
- Electric vehicles are here to stay… period
- Toyota overtook GM as the top automaker in the U.S.
- Workers quit jobs at record level in November 2021
- Omicron has turned out to be less than what was feared
- Three exciting new member services released in 2022! (see links below)
- Commodity prices rallied in 2021 all across the board (except precious metals)
- Diversification is key in these very uncertain times
Segment 2: RCEP: The World's Largest Trade Agreement
SEGMENT BEGINS AT 19:06
The world’s largest trade agreement went into effect January 1, 2022 and guess who’s not in it? Economist/trading coach Jerry Robinson discusses this milestone and what it may mean for the U.S.
- The trade deal that sets up trade in Asia for Asia
- The global economic footprint of the nations in the RCEP
- China is moving aggressively toward global hegemony
- How will the U.S. cope with being the #2 power in the world?
Recommended Links
- World’s largest trade deal is in force, but there’s still ‘work to be done,’ says Singapore minister (CNBC)
- PODCAST: Why China is Winning
- Space Force leader: China poses “tremendous threat” to U.S. galactic domination (Axios)
- (BOOK) Destined for War: Can America and China Escape Thucydides’s Trap? by Graham Allison
Segment 3: The Final Word w/ Jerry Robinson
SEGMENT BEGINS AT 27:21
Jerry closes out today’s show with a gentle reminder not to take ourselves too seriously.