Hey friend,
The big jobs report came in this morning.
The gist of it – it’s mixed. Payrolls rose, beating estimates – but the unemployment rate rose too.
Let’s see how the indexes are moving.
The Daily Direction
Note: All indexes closed lower yesterday but are moving upward again today. All index directions remain upward.
The Daily Nugget
The only information that’s useful in trading is actionable information.
Yesterday, we talked about how information beats emotions.
Today’s Daily Nugget is about the only information you should pay attention to as a trader…
The kind you can take action on.
That’s what signal means – everything else is just noise.
The bad news is – thanks to the internet, there’s never been more noise out there.
The good news is – if you’ve managed to find a reliable signal, your advantage has never been greater…
Because all the other traders have been sucked in by the noise.
Look at AI for instance.
This is a sector that’s chock full of useless noise.
Everyone keeps talking about companies that are either already worth trillions…
Or are completely private – and thus not tradeable.
How useful is that?
In the meantime, they’re ignoring the most powerful piece of information in the AI market…
One by which the entire AI revolution could live – or die – on.
So, before the weekend hits…
Click here to find out about the tiny corner of the market holding up the entire AI revolution.
The Traders Agency Team
