Built by Traders, for Traders

Ross Givens

Stock Trader & Educator

When Fear is Highest – So is This

Hey friend,

The market is still digesting what fewer rate cuts for 2025 could mean.

In the meantime, weekly jobless claims came in lower than expected…

While third-quarter GDP came in above expectations at 3.1%.

Earlier this morning, the latest data for the Fed’s preferred inflation gauge – the PCE index – came in below expectations, at 0.1% on a monthly basis and 2.4% on an annual basis.

Let’s see how the indexes have been moving.

The Daily Direction

Note: All indexes closed slightly lower again yesterday – with the exception of the Dow, which closed slightly higher. Indexes opened lower today but have been trending upward. No change in any index directions.

The Daily Nugget

Fear is always greatest at the bottom.

Remember the painful August–October pullback of 2023?

The bottom of the pullback was almost perfectly timed with the moment of the greatest fear.

The same happened with the sharp August selloff a few months ago.

That’s how it always is – because sentiment is a lagging indicator.

Is the bottom of the pullback in yet? It’s too early to tell.

But here’s the important thing to keep in mind – the moments of greatest fear also present the greatest opportunities.

Plus, you don’t even have to wait for the bottom to come in – because there are always opportunities lurking beneath the surface.

At Traders Agency, all the strategies Head Trader Ross Givens shares are designed to target these non-obvious opportunities.

If you’ve been following them, you’ve probably had a great year in the markets.

Sure, markets have been weak these past few days…

But that’s when the most lucrative opportunities are also present.

Keep following Ross’ newsletter – and this one – and you’ll always be ahead of the game.

This newsletter will be taking a short break for the first half of next week and resume next Thursday, the day after Christmas.

Enjoy the holidays.

The Traders Agency Team

Brand New Strategy for Profiting from AI Stocks

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

Leave a Reply

Your email address will not be published. Required fields are marked *

GET THE TOP 3 AI STOCKS
FOR THE AI REVOLUTION NOW

High profit potential… strong insider activity… cutting-edge AI technology…

These are the stocks every intelligent trader and investor NEEDS to know about.

Subscribe below to get your FREE report on these stocks – plus a free subscription to Stock Surge Daily, a newsletter that will supercharge your trading potential by handing you market insights you can’t find anywhere else