Hey friend,
No economic news scheduled for today.
Tomorrow, we get retail sales, producer prices, and more consumer confidence data.
And on Wednesday, the day before Thanksgiving, we’ll (finally) get the weekly jobless claims data back.
The Daily Direction
Note: All indexes closed higher on Friday and opened higher this morning as well – but all short and medium-term index directions remain downward.
The Daily Nugget
The less everyone “knows” about the market – the less opportunities there are.
Here’s a critical paradox in trading and the markets.
If everyone “knows” exactly where the market is going…
If there is minimal uncertainty in the air…
Then it means there are actually FEWER market-beating opportunities out there.
Sure, it means that the market is generally doing well…
Meaning that average market returns will be at least decent.
But when it comes to actually BEATING the market (the entire goal of trading)?
The more certainty there is, the less opportunities you have to do so.
The more uncertainty, paradoxically, the more opportunities you have.
And right now, confusion and uncertainty – and thus opportunity – is at some of the highest levels in months.
That means that those who really know what’s going on will have an even more powerful advantage.
And that’s why tomorrow, Tuesday morning, at 11 a.m. Eastern…
Head Trader Ross Givens is going LIVE for a very special State of the Market address, where he’ll clarify exactly what’s going on with the current market.
He’ll dive deep into what’s really moving stocks…
The truth behind Thursday’s shocking market rout…
Where the smart money is positioning right now…
Why he’s still optimistic despite all the noise coming from TV pundits and talking heads…
And how to navigate the next major move with confidence.
After his live State of the Market briefing tomorrow, you’ll have a huge edge over everyone else.
So click here to reserve your spot for Ross’ State of the Market briefing…
And he’ll see you Tuesday at 11 a.m. ET sharp.
The Traders Agency Team
