Hey friend,
In addition to the PPI report yesterday, we also got the weekly jobless claims numbers.
They came in slightly above expectations, but were unchanged from last week.
This morning we got some consumer sentiment data, which showed a surprising rebound as consumers realize that the tariffs are much more of a negotiating strategy than initially realized.
However, this is separate from the recent escalation in the Middle East.
The Daily Direction
Note: Most indexes closed slightly higher yesterday, with the exception of the Russell 2000, which closed slightly lower. But as Ross predicted, they opened sharply lower today – sending the near-term direction of the Dow back downward.
The Daily Nugget
Opportunity comes disguised as uncertainty.
When geopolitical tension hits, most traders freeze or wait for things to “settle.”
But that fear-driven pause is where real opportunity forms.
Most people miss it…
Because opportunity always comes disguised as uncertainty
As Head Trader Ross Givens pointed out this morning…
Because the Israel situation is so politically charged, any near-term dip is likely to be exaggerated.
The uncertainty will keep the crowd sidelined – especially since sentiment is significantly lagging price action this time around.
That means any near-term dip will likely overshoot.
That’s the opportunity.
And it just so happens that it’s Father’s Day weekend…
So you can get a full year of access to Ross’ Traders War Room for just 99 cents.
Every week, Ross goes LIVE to break down what’s going on in the markets in real time…
And with markets looking to enter a period of uncertainty and opportunity…
There’s never been a better time to take advantage of this deal.
You’ll also get the name of Ross’ AI “Wonder Stock” – which could already have delivered huge returns to those who got in early…
And yet could still have a ton of profit potential remaining.
It’s all yours for loose change.
The Traders Agency Team
