Hey friend,
We got job openings numbers this morning – which showed an unexpected increase to 7.39 million compared to the expected 7.1 million, a sign the labor market may be more resilient than expected.
However, US factory orders also fell more than expected – a 3.7% monthly decline. This was the first decline in five months and was significantly higher than the expected 3% decrease.
The Daily Direction
Note: Indexes closed slightly positive yesterday and opened higher today as well. No change in any index directions.
The Daily Nugget
The biggest gains happen at the beginning of a rally.
It’s just math.
Of course, missing out on the beginning of a rally is not the end of the world…
Nor is it a sign that you should sit on the sidelines.
But if you get the chance to get in at the beginning of a new rally…
You should absolutely seize it.
As Head Trader Ross Givens has noted, right now the market is in a textbook consolidation pattern…
Digesting the big move up from the April lows.
It could go on a while longer…
Or the market could break out tomorrow.
Either way, you don’t want to wait and potentially miss the breakout…
Because that’s where the biggest gains are to be had.
That’s why tomorrow, Wednesday afternoon at 3 p.m. Eastern…
Ross is going LIVE to show you where some of the world’s best investors are currently positioning themselves.
Because when you position yourself in the highest-potential stocks…
You could do great while the market is doing good.
So click here to reserve your spot for Ross’ livestream tomorrow…
And he’ll see you Wednesday at 3 p.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
