A Quiet Day for GDP and PCE

[] Sometimes the market doesn’t deliver fireworks — and that’s okay [] [] [] [] Earlier this week, I mentioned that today’s GDP and PCE numbers could be big market movers, especially during the short and fragmented Thanksgiving holiday week. And while these reports are always worth watching, the market reaction today turned out to be more of a ripple than a wave. That’s just how things go sometimes. You plan for fireworks, but the market has its own agenda — and today, things are relatively calm. Here’s what the numbers actually told us: • GDP Revision: The GDP revision wasn’t a game-changer. It’s just a tweak to last month’s data, with a final revision still to come later. • PCE: This number came in right on the mark — 0.3% month-over-month and 2.8% year-over-year. No surprises, but steady is better than volatile in this case. • Pending Home Sales: This one actually stood out, beating expectations with a 2% increase versus the -2% forecasted decline. That’s a big 4% difference that gives us an encouraging sign for the housing market. • Personal Income: Also on the rise, providing a bit of optimism for consumer spending. So, What Does This Mean? Sometimes the best thing you can take from a quiet day is the chance to regroup and reassess. With the holiday-shortened week, traders are likely positioning themselves cautiously — and that’s something we can all learn from. If you’re like me, you’ll keep an eye on the levels, taking note of how the market closes today. But with Thanksgiving tomorrow and a short trading day Friday, today’s calm feels like the market’s way of saying, “Take a breath.” Enjoy the calm, and have a great Thanksgiving with your family and friends. — Geof Smith P.S. Companies are piling into AI at an unprecedented rate. And it’s putting a huge straing on the electrical grid. There’s just ONE resource that can handle this incredible demand. And I personally believe it’s setting us up for what could be “[The Trade of the Decade!]( [] [] Earlier this week, I mentioned that today’s GDP and PCE numbers could be big market movers, especially during the short and fragmented Thanksgiving holiday week. And while these reports are always worth watching, the market reaction today turned out to be more of a ripple than a wave. That’s just how things go sometimes. You plan for fireworks, but the market has its own agenda — and today, things are relatively calm. Here’s what the numbers actually told us: - GDP Revision: The GDP revision wasn’t a game-changer. It’s just a tweak to last month’s data, with a final revision still to come later. - PCE: This number came in right on the mark — 0.3% month-over-month and 2.8% year-over-year. No surprises, but steady is better than volatile in this case. - Pending Home Sales: This one actually stood out, beating expectations with a 2% increase versus the -2% forecasted decline. That’s a big 4% difference that gives us an encouraging sign for the housing market. - Personal Income: Also on the rise, providing a bit of optimism for consumer spending. So, What Does This Mean? Sometimes the best thing you can take from a quiet day is the chance to regroup and reassess. With the holiday-shortened week, traders are likely positioning themselves cautiously — and that’s something we can all learn from. If you’re like me, you’ll keep an eye on the levels, taking note of how the market closes today. But with Thanksgiving tomorrow and a short trading day Friday, today’s calm feels like the market’s way of saying, “Take a breath.” Enjoy the calm, and have a great Thanksgiving with your family and friends. — Geof Smith P.S. Companies are piling into AI at an unprecedented rate. And it’s putting a huge straing on the electrical grid. There’s just ONE resource that can handle this incredible demand. And I personally believe it’s setting us up for what could be “[The Trade of the Decade!]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](