Home » The Daily Direction » The Big Mistake After Big News

The Big Mistake After Big News

Facebook
Twitter
LinkedIn
Reddit
Email

Hey friend,

Data on the Fed’s preferred inflation gauge just came out this morning.

We’ll see how the market digests this over the next few days.

The Daily Direction

Note: It was a positive day for the indexes yesterday – albeit with not much action. Still it was enough for both the short and medium-term directions of the Russell 2000 to flip back upwards.

The Daily Nugget

After big news hits the market, most traders don’t understand how to read the resulting price action.

Sure, the market’s immediate reaction to a piece of big news – like this morning’s PCE gauge – is extremely obvious.

But what most traders don’t understand is that the immediate reaction may end up being the complete opposite of its final reaction…

Causing them to get caught completely off guard.

That’s why being able to correctly interpret price action is one of the highest-value trading skills out there.

The issue is that it takes a lot of time to develop this skill…

And even when you get competent enough at it, there are still thousands of stocks you need to filter down.

That’s why it’s so useful to have the guidance of someone like Ross Givens…

Because you can get price action “shortcuts” like this one right here.

The Traders Agency Team

Brand New Strategy for Profiting from AI Stocks.

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

All This is Yours for just 99 CENTS! (Limited Time Only)

No catch and no gimmicks. Get a full year of access to Ross Givens’ Live Action War Room for just 99 cents today – alongside the name of his “$3 AI Wonder Stock”. Deal expires soon.

Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Whats in the Article

Traders Daily Direction

Looking for an edge? Our team has the inside scoop on top analysis that will help grow your portfolio.. Receive a new daily direction every day and get ready to see your investment SURGE!