Hey friend,
There’s been two hot inflation readings this week and the Fed meets next week.
Next week will be a pivotal one for the markets.
The Daily Direction
Note: Indexes closed lower yesterday on the back of hot inflation data – sending the short-term direction of the Russell 2000 downward.
The Daily Nugget
Because the market runs on expectations, you must develop the skill of reading what those expectations are.
So the question is – how do you do this?
The best way is to carefully study the price action surrounding big market-moving events – such as the Fed’s upcoming monetary policy meeting.
And this goes beyond just seeing how the broader market reacts…
You must also dive deeper to see how the individual sectors – and the leading stocks within those sectors – are responding.
Because that’s where you’ll find the biggest opportunities.
Ross Givens is a master of doing this…
And if you want to get his strategy for positioning yourself in the best stocks to take advantage of the shift…
The Traders Agency Team