Hey friend,
Markets continue to recover from Monday’s tariff selloff.
This morning, we had the weekly jobless claims numbers, which came in slightly higher than forecasted.
At the same time, productivity data showed that US productivity continued to tick up.
Markets opened higher in response.
The Daily Direction
Note: All indexes closed higher yesterday, sending all directions back in the green.
The Daily Nugget
The exact same price action can be interpreted in completely different ways.
Two traders can look at the exact same price action…
And come away with two completely different interpretations.
One may see “too much volatility”…
While the other may see a juicy setup that could lead to fast gains.
This is why it’s so important to curate who you follow for advice in the markets.
Follow the “permabears” who are always crying doom and gloom…
And you’ll perpetually miss out on all the opportunities always available in this bull market.
As an example, many traders are staying away from AI stocks at the moment because of DeepSeek.
But other traders – who are seeing the exact same price action…
Are spotting opportunities within this one tiny sub-sector of the AI market instead.
The Traders Agency Team