Hey friend,
In the absence of yesterday’s job openings data, we got the private sector numbers this morning.
It showed a rise of 22,000 jobs in January – far below the expected 45,000.
We also got a gauge of U.S. services activity, which came in slightly ahead of expectations.
The Daily Direction
Note: All indexes closed lower yesterday and opened mixed this morning. The tech-heavy Nasdaq has been the most affected, with both its short and medium-term directions flipping downward.
The Daily Nugget
Before a stock breaks out, you often won’t want to buy.
When a stock has already broken out…
When it’s in the middle of a massive surge…
It feels exciting to buy it – because you feel like you’re participating in something “hot”.
But of course, all the gains come from buying before the breakout (or at least, before the breakout has gone too far).
And during those times…
The stock WON’T feel exciting to buy.
In fact, it’ll feel just the opposite.
It’ll feel “boring”…
Because unless you know what you’re looking for…
A stock that’s just about to break out just looks like it’s chopping sideways – or even dipping.
And that never feels exciting to buy.
But that’s actually a good thing – because it’s your competitive advantage in the market.
Everyone else will only be buying long after the breakout happens…
While you can position yourself before – and essentially use their money to help drive your gains further.
And right now, fear is making its way back into the market…
Making now the time to position yourself in these pre-breakout opportunities.
And that’s why in just a few hours at 3 p.m. Eastern today…
Head Trader Ross Givens is going LIVE to reveal his most explosive breakout price action setup…
And show you exactly which group of stocks you want to be focusing
This pattern could have led you to stocks that have exploded 270% in 70 days… 177% in 11 days… even 148% in just 2 days.
But if you want to go after similar gains – you need to position yourself now.
So click here to claim your free seat if you haven’t already…
And Ross will see you in just a bit at 3 p.m. ET.
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
