Let’s see how markets have been moving as we start a new trading week.
The Daily Direction
Note: Despite the market whipsawing thanks to the “will they, won’t they” nature of the debt ceiling negotiations, it was a good week for the markets, with both the S&P 500 and NASDAQ Composite registering the best weekly performance since March.
The Daily Nugget
No matter what the market conditions are like, there will always be both bulls AND bears.
It doesn’t matter what the actual market is like, you won’t have to look hard to find both a bull case and a bear case for the market.
In fact, even if you don’t actively seek it out, the mainstream media will find a way to shove it down your throat.
And that can lead to a state of perpetual confusion – where traders in a bull market live in constant fear of the bear that could be “just around the corner”, and where traders in a bear market are sure that the bull market is “sure to happen any day now”.
That’s why it’s best to ignore BOTH the bulls and bears and focus on what the market itself is telling you. The market doesn’t lie.
It’s also why Ross Givens doesn’t base his trading on what the bulls or bears are saying.
Instead, he looks for proven and repeatable patterns that have a track record of delivering market-beating gains…
Patterns like the one he’s using to spot signs of “big money flows” that could send stocks surging…
Which – for a limited time – you can now start using in your own trading for just $0.99.
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.