Hey friend,
We got some services activity data this morning.
It showed the services sector continuing to expand in March – albeit below the expected rate of growth.
The biggest economic news this week will be the monthly inflation data, due in the second half of the week.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes closed higher again last Friday and opened higher this morning as well. The short-term direction for the Nasdaq has flipped back upward.
The Daily Nugget
Don’t wait for everyone to be “sure” of a rebound.
If you rely on single-day moves for confirmation of a rebound, you’ll probably be wrong too much of the time.
That’s not good.
But on the other hand, if you wait too long – for everyone to be “sure” of a rebound…
Then you’ve missed the boat – all the biggest gains have already been snapped up.
There’s always a fine line to walk to be a successful trader.
This is one of them.
And what makes it even more difficult is that, because markets are so dynamic…
That fine line is not fixed – it’s always shifting.
And one way to keep tracking that “line” during a probable rebound…
Is to look at what the “smart money” is doing.
Because just think about it.
They’re the biggest buyers on the market…
Which means that whatever they buy will likely go up – regardless of whether the broader market does so or not.
Every week, Head Trader Ross Givens goes LIVE to show you these big money opportunities in real time.
And today is your LAST chance to join him for 99 cents for an entire year.
Because after today, our Easter special is over
So click here to grab this 99-cent offer while you still can.
Ross looks forward to seeing you in his next live session.
The Traders Agency Team
