Another day, another new record high for the Dow, and another day of the S&P 500 and the Nasdaq inching ever closer to their all-time highs (the S&P 500 is under 1% away).
The sea of green that is The Daily Direction table is a good way to close out the year.
The Daily Direction
Note: All indexes closed higher yesterday. With a “Santa Claus rally” usually in store for the final trading week of the year (i.e. starting next week), things are looking even better.
The Daily Nugget
The three most dangerous words in trading – “The market can’t…”.
You hear it all the time.
The market can’t possibly keep going up…
The market can’t keep going down…
The market can’t stay this overbought for this long.
There are endless variations – but you get the picture.
Anytime you say or think something that starts with “the market can’t…” – you’re setting yourself up for failure.
Because the truth is, the market CAN do all these things…
So when you think it can’t, it’ll surprise you – and not in a good way either.
This is how people end up buying in right at the peaks. All along the way, they believed it can’t keep going up.
Then finally, they flip their belief – but way too late.
You don’t want to be one of those people.
Right now, there’s still plenty of room for the market to increase.
The big institutions haven’t fully gone bullish yet – and the new market leaders are still being selected.
Now is the time to make your move.
Ross Givens is going LIVE at 4 p.m. Eastern today for an Emergency Profits Masterclass…
Where he’ll show you how to use his “Profit Triggers” to identify these new market leaders with explosive profit potential.
Every single open position identified by this strategy is currently in the green – but Ross believes we’re just getting started.
So don’t wait…
Make sure you clear your schedule…
And show up prepared.
The market won’t wait – so you shouldn’t either.
The Traders Agency Team
Even Bill Gates himself has said that generative AI has “peaked” and that the next version of ChatGPT won’t be much better than the current version.
So where will the next wave of AI innovation – and profits – come from?