All indexes closed higher yesterday – likely on the back of jobs data showing the labor market is continuing to cool, which is what the Fed wants to see.
More jobs data came in earlier this morning, and we’ll see how that plays out over the next week – when the Fed meets once more.
The Daily Direction
Note: All indexes reversed minor losses to close higher yesterday, with no change to the upward directions of all indexes.
The Daily Nugget
While you need to separate yourself from the crowd, you don’t need to reinvent the wheel.
If all you do is follow the crowd, you’ll never get above-average returns.
Gaining a trading edge necessarily means separating yourself from the broad masses.
But this doesn’t mean you need to reinvent the wheel.
There are trading edges out there that have already been proven – that still allow you to separate yourself from the crowd.
Especially if you’re not an advanced trader yet, using these edges for yourself is usually a more effective playbook than trying to do it alone.
That’s why every Thursday morning, Ross Givens goes live to show you how to spot “big money” activity in select stocks – in REAL TIME.
Attending just one of these live War Room sessions is 100 times more valuable than watching video after video on trading concepts…
And the best part is – you can just copy his exact trades for yourself.
So, if you want to find out how you can get in on the next live War Room session (and get the name of a top AI stock to boot)…
The Traders Agency Team
Even Bill Gates himself has said that generative AI has “peaked” and that the next version of ChatGPT won’t be much better than the current version.
So where will the next wave of AI innovation – and profits – come from?