Trading Plan – Monday 25th April 2022: Equities tank due to central bankers, Chinese government

Mark NugentApril 2022, Trading Plan

Trading Plan – Monday 25th April 2022: Equities tank due to central bankers, Chinese government

Good morning.

Please note – Live bi-weekly Q&A webinars restart this Wednesday at 7pm UK-time, link below.

Last week was quietly getting on with its own business and I had two trades doing quite well. Then, on Thursday, Fed Chair Powell said that “front loading” rate rises was a good thing. To add insult to injury, the normally not-market-moving IMF/World Bank Meetings had a string of central bankers outdoing each other on how hawkish they are going to be to curb inflation.

Needless to say, the USD rose considerably and equities tanked (corporates don’t like central bankers trying to squash the economy). Both my trades were losers, but just by a wee bit. Videos of these trades are in the members area.

Over the weekend Macron won the French presidential election, making the markets happy.

This week, the calendar is quite quiet. Equities are a bit down, not helped by fears of a complete lockdown in Beijing as the Chinese government continue to pursue their utterly insane zero-covid policy.

As always, I go through my trading themes for the week in the video.

I will restart bi-weekly Live Q&A webinars this Wednesday at 7pm UK-time. You can register HERE. If you can, please send in your questions beforehand. Otherwise, see you there.

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE