Hey friend,
We got some business activity data this morning.
Surprisingly, manufacturing activity came in above expectations – while services came in below.
We also got revised productivity data from the fourth quarter, which showed it being revised sharply downward from the initial 2.8% to 1.8%.
In the Middle East, despite President Trump’s claims of peace talks, Iran has ramped up its attacks on both Israel and other Gulf states.
The Daily Direction
Note: All indexes closed higher yesterday. And while they opened lower this morning – they’ve been marching upward throughout the day.
Check This Out
Head Trader Ross Givens just sold ALL his S&P 500 ETF stock in his retirement accounts – and replaced it with one emerging market index instead. Want to see which country he’s now putting his own chips on? Then click here to watch this now.
The Daily Nugget
You don’t need to react to every market move.
You don’t need us to tell you how volatile this market is.
One hour it’s up – the next it’s down.
It’s a news-driven market, and the news seems to be violently ricocheting back and forth every hour.
If you’re not in the White House, you won’t know what to expect.
So here’s the most important thing to know right now…
You don’t need to react to every market move.
In fact, you don’t want to react to every market move.
That’s how you get whipped this way and that…
And end up losing your mental and emotional equilibrium – one of the most critical things to have as a trader.
So don’t bother trying to react to every market move.
Instead, pick your shots carefully.
That’s what we will help you with.
But if you let your emotions get thrown about by all this volatility…
Then all the knowledge in the world won’t help.
The Traders Agency Team
