Hey friend,
Private employment job growth data came in far above expectations.
And although the third-quarter GDP came in slightly below expectations, it was strong consumer spending that bolstered the numbers.
Let’s see how the indexes have been moving.
The Daily Direction
Note: Indexes closed mixed yesterday, with the Dow and Russell 2000 falling but the S&P 500 and the Nasdaq rising. However, they’ve all been steadily rising in today’s session. No change in any index directions.
The Daily Nugget
Price action reveals information that is actually acted on.
Information is everywhere.
There’s so much of it, in fact, that it often confuses rather than educates.
That’s why, as a trader, being able to analyze price action is so crucial.
Because price action reveals what information has actually been acted on – which is just a tiny tiny percentage of all the information out there.
Price action is an immediate filter for information that is actually useful.
For example, if you know how to spot subtle “clues” in the price action, you can find out exactly where the big money institutional investors are positioning themselves.
And this would allow you to position yourself alongside them – effectively using their money for your profit.
Right now, Head Trader Ross Givens has detected the big money flowing into one specific corner of the AI market…
One that is absolutely critical to keeping the entire AI sector alive.
And thanks to our Halloween special…
You can get all the details about Ross’ #1 opportunity in this sector – plus a year’s membership in his flagship Stealth Trades service – for just 99 CENTS.
There’s no catch – just a great deal that expires in a couple days.
The Traders Agency Team
