By Nigam Arora Nigam Arora returns to the Schwab Network to weigh in on the Japanese yen carry trade, noting the risk is real for an unwind. Nigam explains that with $1 trillion invested in the carry trade an unwinding of that money can create a 10% to 20% correction in the AI trade. As for the Fed, Nigam offers his analysis of the likely Fed decision at the upcoming FOMC meeting. He also sees silver hitting $70 as a prime short squeeze target. Watch the interview for what investors need to know. To take a free 30-day trial to paid

By Nigam Arora To gain an edge, this is what you need to know today. Market Cross Currents Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows an outside day in QQQ yesterday.  An outside day occurs when the high of the day is higher than the prior day’s high and the low of the day is lower than the prior day’s low.  An outside day is a reversal pattern. The chart shows QQQ fell below the low band of zone 1.  Zone 1 was previously a support zone and is now a