Hey friend,
Markets continued to pull back a little yesterday, this time dragged down by the big mega-cap tech stocks.
We still need time to see whether this pullback will be sustained or not.
In the meantime, let’s see how that’s affecting the direction of the indexes.
The Daily Direction
Note: All indexes closed lower to close the first trading day of the week. All index directions remain upward – but some short-term directions are precariously close to dipping downward.
The Daily Nugget
As a trader, you MUST accept that your profits will always be “lumpy”.
Many people make poor traders simply because they’ve been “conditioned” by the nature of regular jobs, where you receive a steady paycheck every period.
That’s not how it is in trading.
In trading, your profits will always be “lumpy” – meaning there’ll be periods where you make a lot of money, and periods where you might just break even.
That’s the reality of trading – and something many people have a hard time accepting.
If you want to make it as a trader, you must accept this reality…
And you must participate in the periods where there are the most and biggest opportunities up for grabs…
Because missing even one of those periods could impact your whole year.
With the market starting to pull back, we could be entering one of those periods right now.
And Ross Givens’ flagship Stealth Trades strategy will allow you to target the highest-potential “pullback stocks”…
The stocks that could be pulling back like a slingshot – right before they launch higher.
What causes these stocks to fly – and how can you spot them?
The Traders Agency Team
