Hey friend,
We got the weekly jobless claims numbers this morning, which showed a dip from last week and came in below expectations.
Also, the contraction in first-quarter GDP proved to be significantly worse than expected – coming in at –0.5% compared to the expected –0.2%.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes flat or lower yesterday. But they opened higher this morning and have been moving up throughout the day. No change in any index directions.
The Daily Nugget
Strong risk appetite doesn’t always feel like it.
Risk appetite might be objectively strong…
But perceived risk appetite might be the complete opposite.
That’s the disconnect traders fall into.
They assume that if it doesn’t feel bullish, then it isn’t.
But perception doesn’t equal reality.
People can still feel uneasy…
They can feel like the economy is going down the toilet…
That the world is on spark away from something catastrophic…
And risk appetite can still be objectively strong.
That’s what’s happening right now.
And those that let themselves be swayed by the headlines…
Will just see this bullish wave pass them by.
That’s why tomorrow, Friday June 27 at 11 a.m. Eastern…
Head Trader Ross Givens is going LIVE to show you how to take maximum advantage of this “risk on” market that most traders are missing.
The key?
Identifying the market “theme”…
And then targeting the exact same stocks the institutional investors are pouring into.
Ross will explain everything tomorrow morning.
Just click here to grab your seat for his live session…
And he’ll see you Friday morning at 11 a.m. ET sharp.
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
