Let’s see how markets have been moving as we start a new trading week.
The Daily Direction
Note: Comments by certain Fed officials caused the narrative that the rate hiking cycle was over to waver – sending stocks to a lower close last week. No change in any directions.
The Daily Nugget
An often overlooked trading skill – focus.
There are nearly infinite data points you can get from the market.
But you only have the capacity to process a tiny fraction of them.
That means you need to know what tiny sliver of data to pay attention to – and what to ignore.
If you can’t, you’ll drown in the noise – and likely take your trading account down with you.
So the question is – what should you be paying attention to to succeed in trading?
The Traders Agency Team
P.S. Want special trade prospects and potential market moves from Ross sent directly to your phone so you don’t miss out on anything? Text the word ross to 74121 now.