Late last year, investors began to get concerned about accelerating inflation and the prospect of higher interest rates. Those fears hit home last week when the U.S. Consumer Price Index report showed that inflation surged higher again last month, up 7% from a year ago. That’s the biggest increase in prices in 40 years.

I prefer to follow higher-frequency, real-time data, like earnings estimates. And right now, this data is forecasting an earnings recession (two consecutive quarters of corporate profits coming in lower than they did a year ago), if not an economic one.

In today’s issue of TradeSmith Daily, we’re looking beyond investing in individual electric vehicle makers and zeroing in on the companies that will power the widespread use of EVs across the country.

Despite the negative rap they get, market makers serve a critical trading function. Here’s the cool part: If you understand how they work, you can uncover opportunities. That’s why I want to walk you through the ins and outs of the market makers’ business and how to use this information to create trade ideas.