Hey friend,
This morning we got private sector employment data, which came in substantially ahead of estimates.
We also got second-quarter GDP numbers – which showed a topline 3% growth, which was also significantly higher than expected.
In a couple hours the Fed will announce their interest rate decision. Almost everybody expects them to hold rates steady.
But it’s Fed Chair Powell’s press conference that will really move markets.
The Daily Direction
Note: Indexes closed lower yesterday but opened higher this morning. No change in any index directions.
The Daily Nugget
Less forecasting more interpreting.
The stock market is full of “forecasters”.
They’re all mostly wrong – and the last thing we need is more of them.
Instead, what we need more of are interpreters…
People like Ross Givens who can actually read what’s going on in the price action…
Interpret what’s really happening under the surface…
And then use that to determine the highest-percentage path forward…
While always being willing to change their minds and pivot accordingly as the situation unfolds.
The thing about forecasts is that it psychologically “locks” people into a certain view…
Making them less likely to change their minds as the environment changes.
In today’s market that mindset is deadly for your account.
For example, just look at the anti-Trump “forecasters” still crying about the effects of his tariffs.
Now that the market has reached new all-time highs, many of them are still clinging on to their old views…
Crying to everyone about an impending crash.
Ross himself flipped bearish during March–April, moving to a short strategy that still allowed members to collect profits during a turbulent profit.
But after Liberation Day, he saw that the market had overreacted…
And flipped back to bullish – something that has paid off handsomely over the past few months.
Right now he’s seeing more and more institutional money flowing into the markets…
And in just a few hours at 3 p.m. Eastern later this afternoon…
He’s going LIVE to show you how to target the stocks that could benefit the most from this institutional inflow…
The ones already “primed” for an explosive move upward.
He’ll show you the little-known chart pattern that almost always accompanies these “primed” stocks…
The ones that could potentially hand you returns like 63% in 7 weeks… 270% in 10 weeks… 177% in 11 days… and even 148% in just 2 days.
Plus, with so many market-moving catalysts on the deck this week…
It could trigger a new wave of institutional fund flow that could send these stocks flying.
Don’t wait for that to happen.
Click here to “lock in” your seat for Ross’ live session if you haven’t yet…
And he’ll see you at 3 p.m. ET sharp.
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
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