Hey friend,
The private sector jobs numbers were released this morning.
It showed the private sector adding 38,000 jobs for August – well below the forecasted 47,000 (and last month’s 44,000).
The official unemployment numbers land Friday.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes closed lower yesterday but opened higher this morning. However, no change in any index directions.
Check This Out
In just a few hours at 3 p.m. Eastern today, Head Trader Ross Givens is to reveal his trademark FIRE Pattern…
The explosive chart setup that flagged stocks before moves of 163% in seven weeks… 270% in 10 weeks… and even 148% in just two days.
He’ll also reveal one of his top stocks setting up in the pattern right now.
Click here to guarantee your free spot if you haven’t done so yet.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
The Daily Nugget
The exciting part usually comes last.
Big breakout winners rarely look exciting the whole way up.
In fact, before the move starts, they can be downright boring.
A stock might spend days trading in a tight range.
It keeps bumping into the same price.
Pullbacks get smaller.
Volume dries up.
Nothing about it screams “monster winner.”
Which is exactly why most traders aren’t paying attention yet.
Then the stock finally clears that level…
And suddenly everybody notices.
That’s when the chart starts looking exciting.
But by then, the setup has already done a lot of the work.
The good news is you still don’t need to catch the absolute bottom.
A stock can spend weeks building a pattern, break out well above its lows, and still have a huge move ahead of it.
You’re not trying to own every dollar from bottom to top.
You’re trying to recognize the point where a quiet setup starts turning into something much bigger.
So don’t ignore a stock just because nothing dramatic is happening yet.
Sometimes the boring part is exactly what you want to see.
The Traders Agency Team
