GM, Lark Traders! This is Lark Digest, where we bring you the wildest market insights and the craziest political drama. Today, we're diving into a plot twist straight out of a spy novel: Is Biden alive?

But first, let’s talk about the one skill that can be a pip-generating machine for you.

On today’s menu:

• The ONE Skill You Need To Master Trading 🥇 

• Is Biden Alive? 😬 

• A Prop Firm Just Got Acquired 😲 

🥇 The ONE Skill You Need To Master Trading

Here's a fun question to ask yourself: What's the best trading strategy out there? Is it ICT? Price action? Patterns? Something else?

For over three years, I poured $10,000 into a variety of courses trying to nail down that very question, and I eventually found the answer while almost going broke.

And I'm going to give it to you for free today (yes, I know, I'm a nice guy). Here it is: There isn't one. Shocker! I know.

Let me explain why that is and why the hunt for the "best" trading strategy is a guaranteed way for you to continue failing and never making money.

The Fundamental Truth About Trading

The secret sauce isn't a specific strategy or pattern. It's understanding fundamental analysis. This isn't just about reading the news or knowing the latest economic data—it's about understanding what actually drives the markets.

Think about it: Do you really believe that JPMorgan and other major institutions are just staring at trendlines all day? Heck no! They’re analyzing the big picture—interest rates, inflation, geopolitical events, corporate earnings, and much more.

Here’s why fundamental analysis is your golden ticket:

1. The Market’s Backbone

Fundamentals are the backbone of the market. They determine the long-term trends and can make or break your trades. While technical analysis can help you find entry and exit points, fundamental analysis tells you why a market is moving in a particular direction.

2. Economic Indicators Are Your Best Friends

Economic indicators like GDP, CPI, and employment data are crucial. They give you insights into the health of an economy, which directly impacts market sentiment. For instance, if the CPI data shows higher-than-expected inflation, you can anticipate how the Fed might react with interest rate changes and position your trades accordingly.

3. Earnings Reports and Corporate Health

If you're trading stocks, fundamental analysis of earnings reports is indispensable. Knowing how a company is performing, its growth prospects, and financial health can give you a massive edge. Instead of just seeing a price movement, you understand the why behind it, which helps you make more informed decisions.

4. Geopolitical Events

Geopolitical events like elections, wars, and trade agreements (or a missing President) can cause major market shifts. Remember how the markets reacted to Brexit? Those who understood the fundamentals made a killing, while others got left in the dust.

5. Avoiding the Noise

The market is full of noise—random price movements that can easily mislead you. Fundamentals help you cut through the clutter and focus on what truly matters. This way, you're not swayed by every little blip but are guided by solid, reliable information.

So, What’s The Key To Mastery

Just by asking yourself the following question, you can begin on the path to mastery: “Why is the market moving the way that it is?”

Answer that with fundamentals and not some fancy price action lingo, and you’ll be on the way to mastery.

And joining our free Skool community with $4,650 of FREE courses will also be a massive help.

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😬 Is Biden Alive?

This might seem like a crazy question, but if you spend enough time on Twitter (I refuse to say X), it won’t take you long to see that some weird things are going on right now.

Here’s the deal:

1/ Biden Gets Covid

It was announced almost a week ago that the President had contracted Covid. However, he hasn’t been seen for five days.

So perhaps he’s just in isolation? Making sure nobody else gets sick?

Under normal circumstances, that’d make sense. But the events of the past five days have been so unprecedented and bizarre, it feels like a Netflix series.

2/ He Drops Out Of The Race

On Sunday, a post on Biden’s Twitter account announced that he’s withdrawing from the 2024 Presidential Election.

Did he make a public statement? Hold a press conference? No.

The only word we've got is from his Twitter account, which we all know isn't actually run by him.

Yup, weird indeed. But wait, it gets better.

3/ Yesterday’s Strange Press Conference

Kamala Harris has already secured enough support from enough delegates to become the Democrat Party’s presumptive nominee.

And in yesterday’s press conference, did Joe Biden show up to pass the torch?

Well, not exactly.

He supposedly called to congratulate Kamala, but even she almost let slip, saying, “Joe is on the ‘recording.’”

No, we can’t make this up. Check it out for yourself.

4/ What’s the point of all of this?

For starters, nobody knows who’s actually running the country right now. And that spells a boatload of uncertainty.

And the market hates uncertainty more than a day trader hates a surprise Fed announcement.

Do we think this is a market-moving event?

Not immediately. But it’s something traders need to keep an eye on. The next moves could be anyone’s guess, so grab your popcorn because this drama is just heating up.

☕️ Pre-Market Fuel

1. Funded Next impacted by internet outages? They’ve been crediting traders for delays in payouts due to the outage.

2. My Flash Funding just got acquired. Will we see more acquisitions in the future?

🍪 Digestible Memes

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