Hey friend,
The weekly jobless claims numbers came in flat today, with layoff numbers showing a surprising 55% decline in February.
These may be signs that the labor market is stabilizing…
Which ironically, may actually reduce the need for a rate cut – and negatively impact stocks.
We also got some labor productivity data, which came in ahead of expectations – a good sign considering it’s coming on the heels of the strongest increase in 5 years.
The Daily Direction
Note: All indexes closed higher yesterday but opened lower today – with no change in any index directions.
The Daily Nugget
There’s always someone making money from it.
Market crashes…
Recessions…
Foreclosures…
Natural disasters…
Even deadly wars.
No matter how tragic… no matter how devastating…
There’s always someone poised to make money from it.
For instance…
How many politicians do you think quietly snapped up defense and energy stocks before the missiles landed on Tehran?
There’s a reason why we spent months working with Head Trader Ross Givens to develop a custom purpose-built platform for tracking the activities of the corporate insiders and the politicians.
A group of traders who “always” seem to make money no matter what…
Because they have access to probably one of the most powerful advantages you can have in the markets – inside information.
We’ll tell you a little bit more about how you can start using that platform tomorrow morning…
So keep an eye out in your inbox for that.
In the meantime, if you want to see the details of one trade that Ross just doubled his position on…
A trade he’s bullish on no matter what happens in the Middle East…
Then read this now.
The Traders Agency Team