Hey friend,
Nothing on the economic calendar today – just a bunch of Fed speeches.
On Friday morning however, we’ll get the PCE index data, the Fed’s preferred inflation gauge. Lots of eyes will be on that one.
Let’s see how the markets have been moving
The Daily Direction
Note: Indexes closed higher again yesterday and opened higher this morning as well. All index directions remain in the green.
The Daily Nugget
Don’t reinvent the wheel.
You’ve heard the saying “don’t reinvent the wheel.”
It means not wasting your time trying to solve something that has already been solved by others before.
In business, it means studying what already works instead of building every process from scratch.
In fitness, it means following the basics consistently instead of chasing some brand-new shortcut.
In sports, it means learning from coaches, film, and proven training methods instead of making it all up on your own.
And in trading, it means not trying to discover some hidden secret nobody has ever seen before.
That is where a lot of traders waste time.
They jump from indicator to indicator, strategy to strategy, theory to theory, hoping to find something completely new.
But the market has been rewarding certain patterns of behavior for a long time.
Strong stocks breaking out of sound setups.
Institutions quietly building positions.
Price tightening before expansion.
Momentum showing up before the crowd fully understands why.
The goal is not to invent a brand-new way to trade.
The goal is to recognize proven patterns and learn how to act on them with discipline.
And in just a few hours at 3 p.m. Eastern today…
Head Trader Ross Givens will be going LIVE walk you through his #1 performing chart pattern of all time.
This pattern has been used by the world’s greatest traders for decades to reap explosive profits in almost any kind of market.
And it has helped our members get the shot at gains like 70% in 10 days…
114% in 4 days…
And even 148% in just 2 days:
Ross will be sharing all the details of this prophetic pattern later this afternoon…
Including the name and ticker of a stock that’s setting up for a potentially massive move right now.
It’s free to attend, but seating is limited.
So click here to lock in your spot if you haven’t yet…
And Ross will see you later this afternoon at 3 p.m. ET.
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.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps