Time to see how the markets have been moving.
The Daily Direction
Note: The pullback continues, with more index directions flipping negative. A strong retail sales report stoked fears that interest rates would remain higher for longer. But as today’s Daily Nugget shows – it’s worth keeping in mind that it’s all relative.
The Daily Nugget
Remember that expectations are always relative.
The market trades on expectations – but expectations are always relative.
Relative to the bull run over the past few months, the market is pulling back sharply.
But relative to where the market was at the beginning of the year, it’s still up 15%.
Just something to keep in mind when evaluating how you’re feeling about the market right now (and in the future).
And just because the market is pulling back doesn’t mean there aren’t any opportunities to be found.
In fact, Ross Givens is going LIVE later today at 7 p.m. Eastern to showcase his top strategy for profiting in this sideways market.
And Ross will see you soon.
The Traders Agency Team