Hey friend,
Nothing on the economic calendar today.
But of course, the biggest item on the menu today is the Fed meeting – with the decision out Wednesday.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes closed higher to end last week but gapped lower this morning – sending the short and medium-term directions of the S&P 500 and the Nasdaq downward.
The Daily Nugget
The hardest trade to ignore is the one everyone is talking about.
Big market weeks tend to create a handful of “obvious” trades.
Everyone starts talking about the same rate-sensitive stocks.
The same mega-cap names.
The same sectors that are supposed to benefit if the Fed does X or get hammered if it does Y.
And after hearing the same idea five or six times, it starts to feel like you’re missing something if you don’t trade it.
That’s where people get sucked in.
It isn’t because the setup is great.
It’s because the trade has become impossible to ignore.
But attention and opportunity are not the same thing.
Some of the best trades have almost no buzz around them at all.
A stock can be barely discussed…
Yet a lot of serious money can still be flowing into it quietly.
And that’s exactly why Ross spends so much time tracking institutional footprints.
A fund doesn’t need CNBC talking about a stock before it starts building a position.
It just needs to believe the opportunity is there.
The Traders Agency Team
P.S. Ross is going LIVE tomorrow at 11 a.m. Eastern for a special strategy session on one of his favorite ways to track where the big money is moving.
He’ll show you how he looks for the footprints large institutions can leave while they’re building positions…
How he uses those clues to narrow in on stocks that may be attracting serious buying…
And how smaller traders can potentially get positioned while that money is still coming in.
It’s the same approach that helped us identify opportunities like NuScale Power before a 146% move in 53 days… Alpine Immune Sciences before 206% in 77 days… and Nikola before 87% in just 24 hours.
Click here to reserve your free seat for tomorrow at 11 a.m. ET.
P.P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps