The choppy price action shows the market is still digesting the Fed’s latest messaging.
Let’s see how that’s affecting the index directions.
The Daily Direction
Note: All indexes closed lower yesterday after two days of upward moves post-Fed meeting. As a result, the short-term direction of the Russelll 2000 index dipped back downward.
The Daily Nugget
If you’re paying attention to everything – you’re actually focusing on nothing.
Too many people can tell you a lot about the market in general – but very little in the way of specifics for individual stocks (which is where the real opportunities are).
These people pay attention to everything – and ironically end up focusing on nothing.
Ask them where the opportunities are at any given moment, and you’ll get absolutely nothing actionable, just vague generalities at best.
That’s why later today at 12 p.m. Eastern…
Ross Givens is going LIVE for a masterclass on his top strategy that will allow you to target the biggest winners this earnings season.
If a mega-cap stock like Meta can add 20% in a single day from earnings – imagine what a small-cap stock could do?
Don’t miss this masterclass.
If you haven’t already, click here to confirm your attendance for Ross’ masterclass later…
And we’ll send you the login details shortly.
Ross will see you in a bit.
The Traders Agency Team