Yesterday’s headline CPI numbers came in a little hotter than expected. How did that affect markets? Let’s find out.
The Daily Direction
Note: Most indexes closed relatively flat yesterday after the inflation report. But what was most noticeable is the Russell 2000’s long-term direction flipping downward. It’s no secret that small-cap stocks have been struggling this year – and that struggle seems likely to continue.
The Daily Nugget
The accuracy of your assumptions determines your results.
We all have assumptions about “how things work”.
In the markets, these assumptions can be around things like – what drives stock prices, how investors behave, or the effect of macroeconomic factors.
The more accurate these assumptions are – the better your results will be.
The danger comes when you’re unconsciously operating based on assumptions that may be just plain wrong…
And you don’t even know that you have these assumptions.
That’s why tomorrow at 12 p.m. Eastern, Ross Givens is going LIVE to showcase a strategy that challenges one of the most common assumptions in the market…
An assumption that once corrected, could lead you to some of the biggest profits in your life.
And he’ll see you tomorrow at 12 p.m. ET sharp.
The Traders Agency Team