A message from our friends at T3 Live  I’ve made a living making huge calls:
… being on the floor of the NYSE on CNBC calling the 2008 crash before it happened… … warning traders to sell in February 2020 before the market dropped… And, recently, calling for a buy in $UMAC --- a drone company, as tensions in Europe and the Middle East escalate. $UMAC jumped 47% in 1 day in July (that’s just buying the stock). Hi, I’m Scott Redler, I’m the co-founder of T3 Live, a trading publication. Plus, I’ve been a professional trader for over 20 years, with over 200k followers. How I find plays like UMAC in this environment is not hard… it’s knowing when the right to ENTER the trade. I use one, simple indicator to get in (and out) of trades as needed. No, it doesn’t always work and you’ll have losing trades as no indicator is perfect. But this is a free indicator I’ve used for decades and I’ll share it with you. Use this indicator to find plays like UMAC Scott Redler Co-Founder of T3 Live & Editor of Power Plays
Further Reading from MarketBeat Media Along with a strong second quarter rebound for the US economy, some red flagsWritten by The Associated Press WASHINGTON (AP) — The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump's trade wars. Still, details of the report suggested that U.S. consumers and businesses are wary about the economic uncertainty arising from Trump's radical campaign to restructure the American economy by slapping big taxes — tariffs — on imports from around the world. "Headline numbers are hiding the economy's true performance, which is slowing as tariffs take a bite out of activity," Nationwide chief economist Kathy Bostjancic wrote. America gross domestic product — the nation's output of goods and services — rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported Wednesday. The first-quarter drop, the first retreat of the U.S. economy in three years, was mainly caused by a surge in imports — which are subtracted from GDP — as businesses scrambled to bring in foreign goods ahead of Trump's tariffs. The bounceback was expected but its strength was a surprise: Economists had forecast 2% growth from April through June. From April through June, a drop in imports — the biggest since the COVID-19 outbreak — added more than 5 percentage points to growth. Consumer spending registered lackluster growth of 1.4%, though it was an improvement over the first quarter's 0.5%. Private investment fell at a 15.6% annual pace, biggest drop since COVID-19 slammed the economy. A drop in inventories — as businesses worked down goods they'd stockpiled in the first quarter — shaved 3.2 percentage points off second-quarter growth. A category within the GDP data that measures the economy's underlying strength weakened in the second quarter, expanding at a 1.2% annual pace, down from 1.9% from January through March and the weakest since the end of 2022. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending. Federal government spending and investment fell at a 3.7% annual rate on top of a 4.6% drop in the first quarter. Wednesday's GDP report showed inflationary pressure easing in the second quarter. The Federal Reserve's favored inflation gauge – the personal consumption expenditures, or PCE, price index – rose at an annual rate of 2.1% in the second quarter, down from 3.7% in the first. Stripping out volatile food and energy prices, so-called core PCE inflation rose 2.5%, down from 3.5% in the first quarter. On his Truth Social media platform, Trump heralded the GDP gain and stepped up his pressure on the Federal Reserve to cut interest rates: "2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! "Too Late" MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!'' Trump sees tariffs as a way to protect American industry, lure factories back to the United States and help pay for the massive tax cuts he signed into law July 4. But mainstream economists — viewed with disdain by Trump and his advisers — say that his tariffs will damage the economy, raising costs and making protected U.S. companies less efficient. They note that tariffs are paid by importers in the United States, who try to pass along the cost to their customers via higher prices. Therefore, tariffs can be inflationary — though their impact so far has been modest.
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