A bevy of strong corporate earnings helped lift the market yesterday – snapping its multi-day losing streak. And Treasury yields continued to pull back, another boon for the markets.
So, let’s see if that caused any changes in the index directions.
The Daily Direction
Note: All indexes closed positive yesterday, sending the long-term direction of the S&P 500 back into positive territory. But the question is, how long can this last?
The Daily Nugget
What triggers a gain in the broader market is separate as what triggers a gain in individual stocks.
If you’ve been paying attention to the financial news, then you know the things that typically trigger a gain in the broader market.
These are things like the Fed being more dovish, positive economic data, and falling inflation.
But these are separate from what triggers a gain in individual stocks…
Which is why you often see many stocks “pivot” and race ahead – even while the broader market is still falling…
They have different “profit triggers” – which most traders have no clue about.
That’s why Ross Givens is going LIVE right now to show you how to pinpoint these “profit triggers”…
So you can target big stock gains now – without needing to wait for the entire market to recover.
And he’ll explain everything you need to know.
The Traders Agency Team