Hey friend,
Fed Chair Powell’s speech yesterday did little to help markets as he warned of stagflation.
We got weekly jobless claims this morning, which came in below expectations – indicating the labor market is still solid.
Let’s see how the indexes have been moving.
The Daily Direction
Note: Indexes closed significantly down yesterday, and while they opened higher this morning – they’ve been trending down since. All index directions remain in the red.
The Daily Nugget
Volatility doesn’t kill opportunity – it concentrates it.
The market took another hit yesterday.
No surprise there.Head Trader Ross Givens has been warning that this wouldn’t be a clean recovery.
And sure enough, we’re getting it – one day up, one day down.
That’s how these things usually go.
But here’s the thing: a volatile market doesn’t mean there’s no opportunity.
It just means the opportunity isn’t everywhere.
In calm markets, everything tends to move together.
In markets like this, the winners stand out fast, because almost everything else is breaking down.
You don’t need to find the bottom. You don’t need to call the turn.
You just need to pay attention to the stocks that are holding up – or already breaking out – while everything else is getting dragged around.
That’s where the edge is right now. It’s not in the headlines or the index…
But in the early movers showing real strength, even when the rest of the market is a mess.
And if you know where to look, they’re already starting to show their hand.
That’s why in just a few hours later this afternoon at 3 p.m. Eastern…
Ross is going LIVE to show you a powerful setup for finding breakout opportunities BEFORE they explode – even in this uncertain market.
Plus, he’ll also explain exactly what he sees happening in this market…
And share steps you can take to help insulate yourself from more fallout.
So, if you haven’t done so already…
Click here to save your seat for his live presentation…
And Ross will see you in a few hours at 3 p.m. ET.
The Traders Agency Team
