Hey friend,
Not much on the economic calendar today.
Tomorrow morning though, we get the big CPI report.
The Daily Direction
Note: All indexes except the Russell 200 closed higher to end last week. However, they largely opened lower this morning – sending the short-term direction for the Russell and the medium-term direction for the Nasdaq downward.
The Daily Nugget
Every sell needs a buyer.
When markets turn shaky, nearly all the attention goes to the sellers.
Who is dumping shares?
How much money is leaving?
How scared is the crowd?
Those are fair questions.
But they only show one side of the trade.
Because shares don’t simply disappear when someone sells.
For every seller, there has to be a buyer willing to take the other side.
So when retail traders rush for the exits, the better question is:
Who is buying those shares from them?
Sometimes it’s another nervous trader making a short-term bet.
But other times, it’s a larger fund using the fear to build a position at a better price.
That’s why heavy selling is not automatically bearish.
It depends on who is selling…
Who is absorbing the supply…
And where that buying starts to show up next.
Head Trader Ross Givens showed this morning that retail flows are falling while bearishness is rising.
That tells us one side of the trade.
The other side of the trade is all about who’s buying right now.
That’s where the opportunity is.
And tomorrow morning, Ross will reveal exactly how to seize this opportunity.
But in the meantime…
Make sure you watch his breakdown of the most important investment report of 2026.
The Traders Agency Team