The Fed just released the minutes from its last monetary policy meeting at the beginning of the month yesterday.
And it confirms their “higher-for-longer” narrative, with zero mention of rate cuts in the minutes.
This shouldn’t surprise anyone – but it likely contributed to yesterday’s slightly lower close.
The Daily Direction
Note: All indexes closed lower yesterday – but not enough to cause any change in index directions.
The Daily Nugget
The lifestyle of a successful trader is something to be grateful for.
Whether you’re retired, still working, or already a full-time trader – be grateful for the doors trading has (or can) open for you.
Once you understand how to play the game, it’s a level of independence few people on this planet have.
There is no boss or client that can tell you what to do. You can’t be “canceled”.
All you need is a computer connected to the internet – and the skills of a trader.
Is it easy? No. But is it worth it? 100% yes.
So, before you head off for Thanksgiving, take a moment to reflect on what trading can – or has – given you.
Keep going, because you’re closer than you think.
And if you need a little extra help, that’s what we’re here for.
Right now, we’re giving away Ross’ flagship Stealth Trades strategy…
A strategy that could allow you to pinpoint big stock moves right before they happen – for just 99 CENTS.
But it is limited.
So, before you head out for turkey, why not spend less than a dollar on something that could pay for your Thanksgiving feast many times over?
And on behalf of all of us at Traders Agency – have a great Thanksgiving.
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?