Hey friend,
The latest Consumer Price Index data just came in this morning, and both the monthly and yearly figures were bang on in line with consensus.
We will see over the next few days how the market is fully digesting the CPI and PPI data.
Weekly jobless claims numbers – which will be released tomorrow morning – will be a big factor also.
The Daily Direction
Note: Indexes closed higher yesterday, sending even more directions back upward. The recovery appears well underway.
The Daily Nugget
To make fast gains in the market, you have to be where the action is.
For the best odds of a red-hot career, you have to be where the action is.
For the best odds of getting into a relationship, you have to be where the action is.
The same goes for trading.
If you want fast gains, you have to be where the action is.
And the action is where the biggest buyers in the market are – because they’re the ones with the power to move entire sectors.
And with the market recovery well underway, these big buyers are also aggressively moving back in.
You want to move with them.
The Traders Agency Team