Hey friend,
We got the big employment numbers this morning.
It showed the unemployment rate staying steady at 4.3%…
But with a total of 115,000 jobs added – more than double the expected.
Let’s see how the markets have been moving.
The Daily Direction
Note: Indexes closed slightly lower yesterday but have been moving higher today – keeping all index directions firmly in the green.
Check This Out
With all the talk about the potential SpaceX IPO, have you heard about the hidden SpaceX stock that could DOUBLE?
The Daily Nugget
The market doesn’t owe anyone “should”.
One of the most dangerous words in the market is the word “should”.
Turn on CNBC, and you’ll have a row of talking heads telling you what the market “should” do.
And with so many people trading stocks nowadays…
Not to mention, with everything going on in the world right now…
Even your Uber driver may have an opinion on what the market “should” do.
Some of them will even be right.
But the most insidious trap…
Is when you yourself hold on too firmly to a certain view of what the market “should” do.
That’s when bias creeps in.
You stop seeing what’s actually happening and start filtering everything through what you expected to happen.
It’s why the smartest traders strip out the noise, stay nimble, and commit to process – not predictions.
That’s exactly how Head Trader Ross Givens approaches the market.
He’s not reacting to opinions or headlines…
He’s reading what price is telling him, day by day.
He isn’t trading what the market should do – he’s trading what it’s actually doing.
Keep that in mind as you read the clickbait headlines and uninformed opinions.
Enjoy the weekend.
The Traders Agency Team
