Hey friend,
Yesterday we got the CPI report.
Today we got the PPI report – on producer prices.
At 3.0% a year, the report showed that producer prices are still remaining stubbornly high – even as consumer inflation may be cooling.
We also got a previously delayed retail sales report from November, which came in significantly above expectations…
Showing that despite a lot of negative reported consumer sentiment – consumers are still spending.
The Daily Direction
Note: All indexes closed slightly lower yesterday, but with all index directions remaining upward.
The Daily Nugget
“My philosophy and approach to trading is to be a conservative aggressive opportunist. It simply means to be aggressive in my pursuit of potential reward and at the same time to be extremely risk-conscious.”
~Mark Minervini
Many traders – especially beginners – view being conservative and aggressive as on completely opposite ends of the spectrum.
Either you’re a conservative trader who plays it safe and is content with small wins…
Or you’re an aggressive one going after the huge wins while willing to risk it all.
But this is a completely false – not to mention dangerous – dichotomy.
Be%ause you can be both conservative and aggressive at the same time.
In fact, it is the ideal trading philosophy.
Be conservative – by always protecting your downside with disciplined risk management.
Simultaneously, be aggressive and go after the big wins.
In fact, being conservative and always protecting the downside, you’ll have more confidence to go after these big wins.
So, rather than being on opposite ends of the spectrum, they’re actually complementary.
Being conservative gives you the room to be aggressive.
That’s the philosophy Head Trader Ross Givens has followed to great success.
And it’s the philosophy we recommend you do as well.
Right now, this current market is especially primed to reward this philosophy.
So make sure you take full advantage of it.
Every week, Ross and his team go LIVE to break down the hottest trade setups in real time.
If you want to join them, it’ll only cost you $5 or an entire year – less than a dime for each session.
So please click here to get all the details (you’ll also get Ross’ top AI picks for 2026).
The Traders Agency Team
