Hey friend,
We may be seeing the beginnings of a real pullback…
Which as Head Trader Ross Givens said – should not be a surprise.
Let’s see how the market has been moving.
The Daily Direction
Note: Indexes closed sharply lower again yesterday, sending all short-term directions – as well as the medium-term direction of the Russell 2000 indexes – into downward territory.
The Daily Nugget
Savvy traders love a noisy market.
As a trader, you don’t want noise – you want signal.
That’s obvious.
But everyone else in the market is also looking for that signal…
Meaning the harder that signal is to find – the more valuable it is.
That’s why smart traders love a noisy market.
The noisier the market, the harder it is to find that signal…
Which means those who do have the ability to spot it can book bigger returns.
We’ve said before that the more uncertainty, the more opportunity…
And this explains why that is the case.
So, before you head off for the weekend, keep this in mind.
Noisy markets – like the one we’re in right now – can feel emotionally uncomfortable…
But they’re the kind of markets that also bring the most opportunity for those who can find the signal.
Our job is to give you the tools to find the signal so you can always be ahead of the herd.
Enjoy the weekend.
The Traders Agency Team