We’re near the end of the last trading day of the first week of February.
Will we see yet another week of record highs?
The Daily Direction
Note: All indexes closed very marginally higher yesterday – except the Russell 2000, which saw a 1.5% surge that sent its short-term direction back upward.
The Daily Nugget
When the market is overextended and looks due for a correction, a critical skill is being able to sell into strength – and quickly.
Right now, the market looks due for a pullback.
The most important skill? Being emotionally ready to sell into strength – even if you feel your position can run a little longer.
Because the last thing you want is to be caught in the correction, which could wipe out all your previous gains.
What you want to look for right now are “quick hit” opportunities – where you can get in and get out fast.
Earnings season is a major source of those opportunities, with “surprises” being able to cause huge moves in individual stocks.
Earlier today, Ross Givens went live for what could be his final masterclass on his top earnings season strategy that will allow you to take advantage of all these opportunities.
This strategy could have handed you a nearly 30% gain in the first two days of this week alone…
And those who attended the masterclass are likely already placing high-potential “quick hit” trades as you read this.
The good news is, if you missed out on Ross’ earlier masterclass, you may still have one more chance.
And make sure you watch till the end.
You probably won’t be able to place any trades before the market closes today…
But because there’s still a couple weeks left in earnings season, you still have a chance on Monday.
Enjoy your weekend.
The Traders Agency Team