Hey friend,
This morning we got some services and manufacturing data, which showed continued expansion that was ahead of analyst estimates.
We also got some home sales numbers, which showed a rise in May – despite economists expecting a drop.
On the economic front, the most impactful data release this week will be the PCE Index – the Fed’s preferred inflation gauge – on Friday.
The Daily Direction
Note: All indexes closed flat or slightly lower to end last week. And while they opened slightly lower this morning, they’ve been inching higher throughout the day. No change in any index directions.
The Daily Nugget
When uncertainty vanishes so do the best opportunities.
Head Trader Ross Givens briefly mentioned this in his newsletter this morning…
But this is something worth unpacking.
This is one of the paradoxical things about the market.
Even though we all crave certainty…
The best opportunities only present themselves during times of uncertainty.
That’s because the crowd sits out during these periods…
Which is why the opportunities that pay off during these times are also the ones that allow you to beat the average.
But on the other side of the coin…
It also means that if you wait for certainty to return to the markets…
The most likely outcome you will get are average returns.
And if you’re reading this newsletter, then you want to do better than the average…
Which means you need to position yourself now…
Alongside the opportunistic “smart money”.
Which is why tomorrow morning, June 24, at 11 a.m. Eastern…
Ross is going LIVE to show you how to target the exact same stocks they are…
So you can essentially use their money for your profit.
It’s all about finding the little-known “pressure points” that could indicate the institutions are quietly loading up on a stock.
So click here to register for Ross’ “pressure points” reveal tomorrow…
And see how to turn this market mayhem to your advantage.
Don’t wait for the uncertainty to clear up…
Because when that happens, the best opportunities disappear as well.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
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