Hey friend,
Markets have rebounded this week after last week’s selloff – and we’re likely to have one of the strongest weeks in the market this year.
The big event next week will be the Fed meeting – not just the rate decision itself, but what they say about the rate decision.
The Daily Direction
Note: All indexes closed higher again yesterday. Only the short and medium-term directions for the Russell 2000 remain downward.
The Daily Nugget
Different market conditions require different strategies.
Last week was one of the worst weeks in the markets in months.
This week will likely turn out to be one of the best.
The same thing happened last month in the August selloff.
The best and worst days in the markets are often very closely clustered together.
In these periods, the most skilled traders make out big – while many others panic and sell.
To make the most of times like these, the best bet is often to follow the institutional money.
If you can spot these trades, you could use their money for your profit.
They do their best to cover their tracks, of course.
But after years in the heart of Wall Street, Head Trader Ross Givens knows these institutional money tracks like the back of his hand.
Ross recorded a presentation a while ago exposing everything you need to know to spot these trades.
Some of the info is a little outdated, but the core strategy still applies perfectly to current markets.
So, before the weekend hits…
The Traders Agency Team
