The True Costs of Missing a Market Rally
Hey friend, So far the Santa Claus rally has not disappointed. Christmas may be over, but the Daily Direction remains a
This is How to Behave in a Market Rally
Hey friend, Welcome back to a new trading week. There’s four trading days to go till 2024 – and the market
Self-Fulfilling Profits for the End of the Year?
Hey friend, The sharp pullback yesterday didn’t last. Momentum is just too strong – and historical precedent puts the “Santa Claus
Get This Confused and Miss Out on Big Trading Gains
Hey friend, Yes, the markets did pull back rather sharply yesterday. But as Ross Givens has been saying, not only is
The 3 Most Dangerous Words in Trading
Hey friend, Another day, another new record high for the Dow, and another day of the S&P 500 and the Nasdaq
Wait for This and It’ll be Too Late
Hey friend, After the Fed said it would cut rates three times in 2024, there was really only one direction for
Sentiment vs. Reality
Hey friend, If you’re reading this newsletter right after it was sent, that means Powell has just started his press conference.
This Trading Strategy is Dangerous
Hey friend, The Fed concludes its monetary policy meeting tomorrow. While they’re almost certain to hold rates steady, the question is
Market Opinions vs. Information (BIG Difference)
Hey friend, The latest jobs data showed that the economy is in better shape than most feel… And more and more
Don’t Reinvent the Wheel
Hey friend, All indexes closed higher yesterday – likely on the back of jobs data showing the labor market is continuing
Dangerous Narratives
Hey friend, The latest jobs data shows the labor market may be cooling – which is what the Fed wants to
Have You Heard of These Stocks Before?
Hey friend, The Daily Direction Table is still a sea of green… But the question is – has the pullback arrived?
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