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A Sign of Market Strength


Hey friend,

Let’s see how markets have been moving after the Fed’s rate decision and Powell’s press conference.

The Daily Direction

Note: All indexes closed higher yesterday with the short-term direction for the Russell 2000 flipping back upward.

The Daily Nugget

If the market keeps ignoring “overbought” conditions, that’s a sign of strength.

People have been saying the market is “overbought” for months now…

Yet it has only kept going up (and will likely only keep doing so after yesterday’s Fed meeting).

This is a sign of strength – and we should take full advantage of this.

Of course, this doesn’t mean throwing caution to the wind – we can and should still be strategic and disciplined.

But if we choose to sit back and ignore the signs of strength right now, we’re just going to miss out.

Don’t let that happen.

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And we’ll send you the login details shortly.

Ross will see you in a bit.

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