Hey friend,
The markets are still digesting the Fed’s comments.
Core PCE data – the Fed’s preferred inflation gauge – will also come out at the end of this week. Once that data is out, we should get some more clarity.
In the meantime, let’s see how markets have been moving.
The Daily Direction
Note: All indexes closed marginally lower yesterday, except the Russell 2000, which closed marginally higher. Still, no change in any index directions.
The Daily Nugget
A trader should have strong opinions, weakly held.
If you don’t have strong opinions, you won’t have the conviction necessary to take decisive action…
And decisive action is what you need to win.
But if you hold these strong opinions too strongly, you won’t be able to change your mind and shift with the market…
And you’ll end up trading against the trend – which usually doesn’t go well.
That’s why you need strong opinions, weakly held.
Right now, Ross Givens believes that the market is still going strong – and we should keep participating in it.
If things shift, he’ll shift with it.
But right now, the best move is to play the trend and keep targeting the market leaders.
That’s why tomorrow at 3 p.m. Eastern…
Ross is going LIVE for a masterclass that will allow you to target the best of these market leaders…
So you can potentially even get ahead of the market’s strong upward trend.
Just click here to reserve your spot for Ross’ masterclass tomorrow…
And look out for the login details in your inbox closer to the start time.
Ross will see you at 3 p.m. ET tomorrow.
The Traders Agency Team
