Hey friend,
Even without the government shutdown delaying key economic data releases, there wasn’t much on this week’s calendar anyway.
However, there is a whole host of Fed speeches…
And given how much is riding on the rate cutting cycle, those could be big market movers.
The Daily Direction
Note: All indexes except the Nasdaq closed slightly higher to end last week. But they all opened higher this morning – keeping all index directions firmly in the green.
The Daily Nugget
Understanding the market also means understanding the incentives of the “players” in the market.
A lot of traders see the market almost like a living, breathing thing.
They study the price action, looking for patterns that might tell them where the market is likely headed to next.
All that is fine – and indeed, are best practices for any trader.
But…
That’s not the only perspective a skilled trader should take.
Skilled traders also understand that they need to look beyond just the market’s trends and price action…
And understand the incentives of the players that drive it.
Remember, incentives are what move the world.
And since the major market movers are the institutional investors – the “smart money”…
It is extremely advantageous to understand the incentives of these big money movers.
And here’s the truth.
While these institutional investors do control billions upon billions of dollars…
The ones making the decisions about where that money is moving to are just professionals.
It’s not their money – it’s their clients’.
Their job is just to manage it.
And just like any high-flying job, they have yearly targets to hit.
Miss them, and their jobs could be on the line.
Head Trader Ross Givens understands this all too well as a former VP at one of the largest banks on Wall Street.
But most retail traders don’t, which puts them at a disadvantage in playing this market.
Because as Ross said this morning…
A lot of these professional money managers are undoubtedly LAGGING the broader market right now…
And they only have the fourth quarter left to try and catch up.
Incentives dictate that they will never sit in cash…
But instead go all-in on stocks in a last-ditch attempt to hit their numbers for the year (their fat bonus is on the line after all).
Put in another way – that means we’re likely going to see a huge ramp-up in smart money flows this quarter…
And that’s an opportunity we want to take maximum advantage of.
That’s why tomorrow, Tuesday morning, at 11 a.m. Eastern…
Ross will be going LIVE to host a strategy session…
Where he’ll walk you through exactly how to follow the tracks of the smart money.
This strategy has led to open gains like 155% in 150 days… 212% in 165 days… 424% in less than six months… and even 524% in 13 months.
But with a lot of the smart money chasing performance and increasing their inflows…
NOW is the time to take advantage and track their footsteps.
So click right here to secure your spot for Ross’ live strategy session Tuesday…
And he’ll see you tomorrow morning at 11 a.m. ET sharp.
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
