Hey friend,
Here’s how markets have been moving as we begin a new trading week.
The Daily Direction
Note: A weak retail sales report offset enthusiasm from a stronger-than-expected start to earnings season – leading to a mixed close for the markets. No changes in direction except for the short-term direction of the Russell 2000 flipping back downward.
The Daily Nugget
Don’t listen to the company or the media – listen to the stock.
That’s a quote from one of Ross Givens’ favorite traders, Mark Minervini – and it’s pretty self-explanatory.
Yes, you can occasionally get some useful info from listening to what the media or the company itself is saying.
But for traders, the MOST important thing is to listen to the stock itself. What are its price movements telling us?
Once you learn how to interpret those signals, EVERYTHING will be easier.
The best part is – it doesn’t have to be that complicated.
Ross has been using a signal that tells him when the institutional money could be about to send a stock surging to new highs.
You can read the full details here (and get a huge discount on top of that).
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.
