Hey friend,
The Fed releases its latest rate decision in a couple hours.
Fed-fund futures are pricing a 70% chance rates will stay fixed.
Even if that is the case, Warsh’s press conference after is sure to move markets.
Let’s see how markets have been moving.
The Daily Direction
Note: With the exception of the Nasdaq, all indexes closed higher yesterday. However they have all been moving lower today – sending the short and medium-term directions for the Dow and Russell downward, respectively.
The Daily Nugget
Trade when the action is.
We’ve said it before in this newsletter that returns in trading are never evenly distributed.
Instead, they tend to be concentrated.
That’s why you want to trade where the action is.
But on top of that…
You also want to trade when the action is.
Earnings season is one of those times.
And not just when the earnings are released, but also in the days and weeks after…
Because many stocks are still seeing huge swings in that time period.
That’s when the action is.
Right now, we’re in the thick of it.
And that’s why in just a few hours at 3 p.m. Eastern today…
Head Trader Ross Givens is hosting a LIVE briefing to show you how to take maximum advantage of earnings season…
Using an “insider” strategy we’ve used to find gains of:
115% in less than 60 days…
168% in five months…
234% in eight weeks…
And even 1,787% in just two years.
So click here to lock in your slot for Ross’ live briefing if you haven’t yet…
And he’ll see you in just a bit 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
Android: https://play.google.com/store/search?q=goto&c=apps
