Hey friend,
Weekly jobless claims continued to fall from last week, coming in below expectations.
And the trade deficit – the key driver behind the tariffs – also came in under expectations.
Tomorrow is the official US employment report.
But the real big news is the market’s reaction to the tariffs…
Especially with Fed Chair Powell slated to give a speech tomorrow morning.
The Daily Direction
Note: All indexes closed higher yesterday but opened sharply lower today. All index directions remain in the red.
The Daily Nugget
Short-term pain often sets up long-term moves.
Markets don’t just turn when things feel better.
They turn after the crowd gives up..
After the pain stretches a little longer than anyone expects.
Right now, with a host of new tariffs announced, there’s likely still more downside ahead.
But that’s exactly what will set the stage for the next major move…
And when that move comes, it’ll be sharp, fast – and unexpected.
The key isn’t to predict the bottom. It’s to be ready when the turn comes.
On Monday evening, Head Trader Ross Givens went live for an emergency State of the Markets broadcast, where he shared his detailed outlook for the market…
As well as his best market timing indicators for when to aggressively get back in.
If you missed the live broadcast, click here to watch the limited-time replay while it’s still up.
And if you want to see a strategy that will allow you to intelligently play this market before the recovery even happens…
Then please attend Ross’ LIVE training session tomorrow, Friday morning, at 11 a.m. Eastern…
Where he’ll show you a strategy for finding fast opportunities that could defy the whims of the broader market.
Just click here to secure your seat for Ross’ live session Friday…
And he’ll see you tomorrow morning at 11 a.m. ET.
The Traders Agency Team
