Hey friend,
We got the weekly jobless claims data this morning, which edged down from last week and came in slightly under expectations.
All ears will be turned toward Powell’s speech later this afternoon – which is sure to have an effect on the markets.
The Daily Direction
Note: All indexes closed lower yesterday on escalation of tensions in the Israel-Iran conflict and opened marginally higher this morning. The short-term direction for the Dow dipped back downward.
The Daily Nugget
Shakeouts don’t break strong markets – just weak traders.
War in the Middle East.
Fed Chair Powell standing by to throw cold water on any stock rally.
The headlines are setting the stage for the market to go lower.
But this won’t be a crash – just a shakeout.
And shakeouts don’t break strong markets…
But they do break weak traders.
As Head Trader Ross Givens shared this morning…
There will likely be a shakeout coming…
But the underlying market is still strong…
Meaning while the shakeout will break weak traders – as it’s supposed to…
It will actually be an opportunity for the savvy ones.
Since you’re reading this, you know which camp you fall into.
So make sure you attend Ross’ live broadcast happening in just a few hours at 3 p.m. Eastern later this afternoon…
Because he’s going to show you his complete game plan for turning this impending shakeout to your advantage.
He’ll show you how to detect hidden “pressure points” in the market that could already have led you to open-portfolio gains of 47%…166%… and 171% within the last 8 weeks.
But brand-new “pressure points” are likely to start forming in the upcoming shakeout…
Meaning gains like these could just be the beginning.
Click here to lock in your spot for Ross’ live game plan reveal, if you haven’t yet…
And he’ll see you in just a little bit at 3 p.m. ET.
The Traders Agency Team
