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“Why” Does a Stock Move Up?

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Hey friend,

Nothing on the economic calendar for today.

Tomorrow is a different story, with CPI data coming in front and center.

Couple that with Trump putting pressure on the Fed to keep cutting rates, and there will be even more attention on tomorrow’s numbers.

Let’s see how markets have been moving.

The Daily Direction

Note: All indexes closed higher to end last week. And while they opened lower this morning, they’ve generally been moving higher through the day – keeping all directions in the green.

The Daily Nugget

“Ours is not to question why, ours is just to sell and buy”
~Walter Deemer

As humans, it’s natural for us to always ask why.

Why did the market or stock go up or down?

Sure, this can be a very useful exercise for improving our own knowledge and skills.

But ultimately as a trader…

Our job is not to question why – but just sell and buy.

And that means, oftentimes, it doesn’t really matter why – as long as you know a stock is likely to go up.

For example, if you know a certain stock is being targeted by the institutional buyers…

Does it really matter why these big dogs are targeting that stock?

It doesn’t.

Our job in that case is just to buy – and ride their money to the top.

And tomorrow, Tuesday January 13 at 11 a.m. Eastern…

Head Trader Ross Givens is going LIVE for a training session to show you exactly how to do that.

The strategy he’ll be demoing spotted a name that rocketed over 20% in just 2 days just this month.

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And Ross will 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

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