Hey friend,
Fed Chair Powell’s speech yesterday essentially reaffirmed that he sees economic conditions as being pretty much the same as when the Fed cut rates last month.
In other words, all things seem on track for a second rate cut at the end of this month.
There are more Fed speeches on deck today – including by Stephan Miran – as well as the release of the Fed “Beige Book”…
Which is a report that summarizes anecdotal information on current economic conditions.
The Daily Direction
Note: Indexes closed mixed yesterday, with the S&P 500 and the Nasdaq dipping, but the Dow and the Russell 2000 posting a gain. The short-term direction for the Dow flipped back upward.
The Daily Nugget
Stop worrying about buying stocks that have already surged upwards.
So many traders out there are afraid of buying stocks that have already surged upwards…
They’re worried that they’ve “missed the move”…
So they go back to look for stocks that are still trading at the lows.
This is the wrong mindset.
While it IS possible to have “missed the move”….
It doesn’t mean you shouldn’t buy stocks that have already surged upwards.
In fact, thanks to the principle of momentum (one of the strongest factors in the market)…
Stocks that have already taken off are more likely to keep doing so.
In other words, their “success percentages” are higher.
So stop worrying about buying stocks that have already surged upwards.
In fact, you should prefer to buy these stocks…
Just as long as you know there is still plenty of upside potential remaining.
The question is – how do you identify those stocks?
Well, that’s what Head Trader Ross Givens is going LIVE to explain in just a few hours at 3 p.m. Eastern later today.
He’ll be breaking down his strategy for identifying exactly which surging stocks we want to be targeting…
A strategy that has signaled moves like:
- 163% in seven weeks
- 270% in 10 weeks…
- 177% in 11 days…
- And even 148% in just two days:
One of the recent recommendations of this strategy is already up 48% in just two weeks!
He’ll reveal all the details that make this strategy tick…
And even share the name and ticker of one of the top opportunities this strategy is pointing to right now.
So if you haven’t done so yet…
Click here to lock in your seat for Ross’ live briefing…
And he’ll see you in just a bit at 3 p.m. ET.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
