The Smartest Election Bet for Traders
Hey, Ross here: Yesterday, I talked about why the stock market is likely to go up in the next few months regardless of who wins today. So let’s look at some historical data supporting that. Chart of...
View ArticleThe Iron is Sizzling (Strike Now)
Hey friend, As Head Trader Ross Givens has said, the market is expecting a Trump victory. That’s why indexes have been rising today. Still, be prepared for short-term volatility ahead – no matter who...
View ArticleGet Ready for the Post-Election Money Wave
Hey, Ross here: A Trump presidency is basically a lock. As I said, the market was already pricing in a Trump victory. And as today’s chart shows, there’s good precedent for the stock market to...
View ArticleAnother Period of Concentrated Gains Approaching?
Hey friend, The winner of the election has, for all intents and purposes, already been decided. The Fed starts its meeting today – and will release its rate decision tomorrow. Let’s see how the indexes...
View ArticleDon’t Fear Market Exuberance
Hey friend, The Trump surge continues. Tomorrow, the latest CPI data will be released – which will influence the Fed’s rate cut path moving forward. The Daily Direction Note: All indexes closed higher...
View ArticleHow Trump is Setting Investors up for Success
Hey, Ross here: Markets are taking a natural breather to digest the big move up since Trump’s election. This is perfectly normal and nothing to be worried about. And as today’s chart shows, this bull...
View ArticleThe Psychology Behind the Market’s Winners
Hey friend, The CPI data just came in this morning. By tomorrow morning, we’ll know what the market thinks about how it’ll influence the Fed’s next move. The Daily Direction Note: All indexes closed...
View ArticleThis Chart Tells Me It’s “Risk On” for the Markets
Hey, Ross here: This newsletter is focused on stocks. But sometimes, we can look to other asset markets for clues and insights we can carry over to the stock market. So today, let’s look at what...
View ArticleIgnore the Narrative and Look at This Instead
Hey friend, The latest CPI data showed that inflation is still stubborn, which will likely stop the Fed from cutting rates aggressively. Markets are also continuing to consolidate a little after last...
View ArticleThe Cash is Still Pouring In
Hey, Ross here: There’s so much cash pouring into the US right now – and not just our stock market. Take a look at the chart below. Chart of the Day There is now over $7 trillion in US money market...
View ArticleHow Traders Get “Trapped” by Tunnel Vision
Hey friend, Powell’s comments on there being “no hurry to cut interest rates” dampened market sentiment somewhat – even as weekly jobless claims numbers dropped to the lowest levels since May. Let’s...
View ArticleIs the “Trump Pump” Over? (The Truth)
Hey, Ross here: Markets closed lower every day for the past week. People are saying the “Trump Pump” is over. What do I think? Before we go into that, let’s look at just how much money is continuing to...
View ArticleWill This Pullback be Different?
Hey friend, The market is now pricing in a slower pace of rate cuts. Combine this with natural profit taking, and last week’s pullback shouldn’t have come as a surprise. Let’s see how the indexes have...
View ArticleUnderrated Reason for Buying Pullbacks
Hey friend, Escalating tensions over the Ukraine war are rattling markets. Let’s see how the indexes have been moving. The Daily Direction Note: Indexes recovered slightly yesterday but are moving...
View ArticleMore Fuel for the Market to Move Up
Hey, Ross here: Yesterday, I explained why the pullback is natural… And why the smart move is to buy pullbacks – as the longer-term trajectory of the market is still upwards. Today, let’s look at a...
View ArticleIs This a “Favorable Trading Environment”?
Hey friend, Lots of Fed members giving speeches today. Tomorrow – more Fed speeches plus the latest weekly jobless claims. Let’s see how indexes have been moving. The Daily Direction Note: Indexes...
View ArticleThis Tells Me It’s a Healthy Pullback
Hey, Ross here: How do we know whether we’re in a healthy pullback? Today’s chart helps answer the question. Chart of the Day One sign of healthy price action is previous resistance becoming support....
View ArticleWhy This Pullback Could be Over Soon
Hey, Ross here: Let’s start the day by looking at how individual investors are feeling about this market. Chart of the Day This is the results of the weekly survey conducted by the American Association...
View ArticleThe Most Powerful Trading Edge There is?
Hey friend, Nvidia just released its earnings after market close yesterday. How the market digests it will likely influence the entire tech sector – and by extension, the whole market. The Daily...
View ArticleLate November Market Rally Incoming?
Hey, Ross here: Yesterday, I talked about why increasing bearish sentiment by individual investors could be a sign this pullback might be over soon. Today, let’s look at some historical data supporting...
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