Hey friend,
The only major economic news this morning was the weekly jobless claims.
The latest numbers showed that weekly claims had fallen to the lowest levels in three years – coming in significantly below expectations.
This was a bit of a contrast to yesterday’s private jobs data, which showed job loss instead of the expected job growth – suggesting a mixed picture for the labor market.
Let’s see how markets have been moving.
The Daily Direction
Note: All indexes rose yesterday and opened generally higher this morning – keeping all index directions in the green.
The Daily Nugget
Don’t confuse predictions for strategy.
So many traders – especially those just getting into the game – make this mistake.
They think an expert trader buying a stock is the trader predicting the stock will go up.
There’s a subtle – yet important – difference here.
Expert traders follow strategy…
And strategy is a process – not a prediction.
Buying a stock according to a proven strategy is an intelligent probabilistic bet. It’s a decision made according to a predetermined process.
Predicting a stock will go up – and then buying it – is more often than not just wishful thinking.
From the outside, both can appear the same.
But if you want to truly advance as a trader, you need to understand this subtle difference.
For instance, right now, Head Trader Ross Givens is seeing “risk on” sentiment return to the markets.
And while he believes the broader market will be strong in December…
He’s not predicting that any specific stock will go up.
Instead, he’s following a proven process to identify the highest-potential and most explosive setups.
And tomorrow, Friday morning, at 11 a.m. Eastern…
Ross is going LIVE to walk you through his exact process for targeting these lucrative setups.
The process Ross will be showing tomorrow has been used by some of the best traders in the world, including multiple U.S. investing champions…
And it’s signaled moves of 163% in seven weeks…
270% in 10 weeks…
And even 177% in just 11 days.
Ross will break it all down for you Friday morning.
It’s completely free – but you do need to register.
All you need to do is click here to let him know you’re coming…
And he’ll see you 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
