Hey friend,
Fed Chair Powell tried to temper the market’s expectations of future rate cuts in his speech yesterday.
But he also expressed confidence in the strength of the economy and the pace of inflation – which helped lift sentiment.
However, this was countered by increasing geopolitical risk in the Middle East, which caused oil to spike and markets to take a hit today.
The Daily Direction
Note: All indexes closed marginally higher yesterday – keeping all directions upward.
The Daily Nugget
Most traders limit their available universe of stocks – to their own detriment.
The availability bias means we tend to recall information that is most easily available.
And in trading, the stocks we can most easily recall are those that are in the news all the time – the ones even non-investors know about.
This causes traders to limit their available universe of stocks (and their profit potential) – without them even realizing it.
In a broad bull market with high participation – like the one we’re in now – this is a mistake.
That’s why earlier this morning, Head Trader Ross Givens went live to show you his #1 dip-buying strategy of all time.
If you missed it – you missed out.
Because in a bull market like this one, you want to strategically buy the highest-potential dips possible…
And Ross’ strategy is the perfect way to do that.
The good news is – it’s not too late.
If you missed Ross’ LIVE masterclass this morning….
Make sure you click here to watch the limited-time replay now.
The Traders Agency Team
