Hey friend,
Not much on the economic calendar today – just a bunch of speeches by Fed members.
But remember, with so much riding on a rate cut next month, what comes out of their mouths could have a big effect on the market.
The Daily Direction
Note: Indexes closed flat or slightly higher yesterday and they’ve generally been moving downward today as well. However, still no change in any index directions.
The Daily Nugget
In the markets, what they say and what they do often diverge.
People will tell you they’re “heavily invested” – while holding mostly cash.
Others will tell you they think the market is going to crash…
While continuing to shovel cash into their portfolios every week.
In the markets, talk is irrelevant.
The only thing that truly tells you anything is actions – whether they’re putting their money where their mouth is.
And yet, so many people out there are relying on what people say…
Instead of watching what people are actually doing.
That’s how they get manipulated.
Of course, in the markets being able to spot what people are actually doing is easier said than done…
Especially when it comes to the institutional traders and the insiders.
They don’t want others to see what they’re doing.
They just want them to listen to what they’re saying.
You’re not going to fall for that – you know better.
But if you want to take it one step further…
Then block your calendar for Wednesday, August 20 at 3 p.m. Eastern…
Because Head Trader Ross Givens will be going LIVE to show you how to find out where the smart money is moving…
Right before they trigger potential moves like 163% in seven weeks… 270% in 10 weeks.. Or even 177% in just 11 days.
So click here to register for Ross’ live demo…
And he’ll see you tomorrow afternoon at 3 p.m. ET.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
