Hey friend,
Yesterday’s market movements were a sobering reminder that the U.S. stock market isn’t just affected by what happens on the continent – but elsewhere in the world as well.
So, let’s see how markets have been moving.
The Daily Direction
Note: All indexes closed sharply lower yesterday as fears of heightened tensions in the Middle East overshadowed other positive data. All short and medium-term for the indexes are now downward – although all their long-term directions remain comfortably upward.
The Daily Nugget
Don’t confuse short-term volatility with long-term declines.
This applies especially when the market has been steadily going up – like it has from November till the end of March.
When that’s the most immediate frame of reference, it’s natural for traders to “overweight” short-term volatility – confusing it for the start of a long-term decline.
But remember – volatility has been abnormally low in the past few months.
So, it’s actually normal for us to see heightened volatility now – which would naturally be reflected in the price action.
The lesson? Don’t panic. It’s not time to switch to defense yet.
The window to keep going on offense is still open. In fact, this volatility is actually creating an opportunity for those with the right strategy.
And that’s why Wednesday tomorrow at 3 p.m. Eastern…
Chief Trading Strategist Ross Givens is going LIVE for a masterclass that will allow you to position yourself in stocks that could keep rising amidst this heightened volatility…
All thanks to positive price catalysts that could keep coming down the pipeline.
We can predict these catalysts by following the money of the people who already know about these catalysts – the corporate insiders.
And with earnings season kicking off, there’s never been a better time to use this strategy.
So make sure you click here to secure your seat for Ross’ masterclass tomorrow…
Block out your calendar for 3 p.m. ET…
And watch out for the login details in your inbox before then.
Ross will see you there.
The Traders Agency Team
