Hey friend,
Not much on the economic calendar today.
We got a gauge of business conditions in the Chicago area, which absolutely demolished forecasts – taking it to a four-year high and signaling a potential manufacturing rebound.
Next week though, we get some major jobs data.
Let’s see how the markets have been moving.
The Daily Direction
Note: Indexes closed higher yesterday and while they’ve been mixed throughout today – all index directions remain comfortably upward.
Check This Out
Still thinking about whether you want to buy in on the upcoming SpaceX IPO? Pay attention to this stock first.
The Daily Nugget
Let the price do the worrying for you.
There will always be a reason to worry about the market – ALWAYS.
There’s always the Fed…
There’s always the prospect of an economic downturn…
And right now, there’s the ongoing situation in Iran…
Accelerating inflation…
Not to mention, the ever-present threat of an AI collapse.
And yet, the market keeps holding up – hitting one new high after another…
Which ironically, is only fueling more worries.
That is understandable.
But here’s some advice…
Let the price do the worrying for you.
Unless we see real sustained drops in the prices…
There’s no point prematurely worrying.
That does not mean ignoring risk.
It means letting the market show you when risk is actually taking control.
Headlines can sound scary long before price confirms anything.
So stay alert, but do not let every worry push you out early.
If price keeps holding up, respect that.
Have a good weekend.
The Traders Agency Team
