Hey friend,
We got the latest weekly jobless claims numbers this morning, which came in slightly below expectations – a good sign for the labor market.
In addition, we also got the first revision of second-quarter GDP data.
It was more good news, with second quarter GDP growth being revised upward to 3.3% from 3.1%.
The Daily Direction
Note: All indexes closed slightly higher yesterday and opened either flat or higher today as well. All index directions remain comfortably upward.
The Daily Nugget
The market is a game of information.
Prices are the purest form of information.
In a way, they’re a manifestation of all the information about the market floating around out there.
But ultimately, it’s all just information.
That makes the market nothing but a game of information.
Those with superior information win – simple as that.
Why do you think Wall Street firms spend millions upon millions hiring analysts to scour through every detail of a company’s financial report?
Why do commodity houses pay out their nose for access to private satellite data to scope out weather patterns?
It all comes down to getting superior information.
It’s the most powerful edge in the markets.
That’s how clueless politicians with no trading or financial background whatsoever are able to outperform Wall Street pros.
The same goes for the corporate insiders – high-level execs exploiting a SEC loophole to trade their own company stock.
They have better information about their own company’s prospects than even the highest-paid analysts.
That’s what makes following the trades of the right insiders so powerful.
And after Head Trader Ross Givens’ LIVE masterclass tomorrow, Friday morning at 11 a.m. Eastern…
You’ll know exactly how to follow the top insiders into potential winners as high as 1,090%, 520%, and even 1,787%.
Ross has detected an unusual surge in insider buying lately…
Meaning now is the best time to put this strategy to work for yourself.
So click here to book your spot for Ross’ insider masterclass Friday…
And he’ll see you LIVE tomorrow morning at 11 a.m. ET.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
