By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Producer Inflation Craters Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: This morning there are significant crosscurrents in both the positive and negative direction. The chart shows the stock market briefly dropped below the low band of support zone 1 before bouncing. RSI on the chart shows that after briefly moving out of the oversold zone, RSI reentered the oversold zone. In an unexpected development, producer inflation

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Take Partial Profits On Hedges After the sell off, hedges have become nicely profitable.  Consider taking partial profits on hedges.  Please see the separate post and the “Protection Band And What To Do Now” section below. Nibbling Aggressive investors may consider nibbling stocks and ETFs that are entering buy zones.  Nibbling simply means entering very, very small tranches in existing recommendations. As a caution, be sure to not gorge.   Stock Market Put Please click here for a chart of S&P 500 ETF (SPY)

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Jobs Report Bullet Dodged Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is at the 200 day moving average.  Here are the key points: The 200 day moving average is very powerful, and all investors should pay attention to it. The reason the 200 day moving average is so powerful is because legions of investors believe in it and act