Hey friend,
It’s still very early in the month.
But so far, seasonal trends – which make July one of the strongest months of the year – seem to be playing out as expected.
The Daily Direction
Note: All indexes closed marginally higher yesterday, with S&P 500 and the Nasdaq hitting another new all-time high. The short-term direction for the Russell 2000 flipped back upward.
The Daily Nugget
With proper risk management, you should not fear an “overextended” bull market.
We’re not saying the current bull market is overextended – we’re just acknowledging the broad perception.
But what we are saying is that even if this bull market is overextended…
You should not fear participating in it as long as you are disciplined with your risk management.
Think about it…
The market keeps going up – you could gain a lot.
The bull market peters out and falls – you limit your losses and you’re out before any big crash.
That’s why disciplined risk management is so important – it allows you to stack the odds in your favor.
And that’s why whenever Ross Givens hands out trade recommendations he always does so with exact stop loss levels in place.
And in honor of the Fourth of July, you can join Ross’ Live Action War Room – where he goes live to identify high-potential trade opportunities every week…
For just 99 CENTS.
There’s no catch – just a great deal you can take advantage of by clicking right here (and you’ll also get access to his top AI strategy for 2024).
Enjoy your Fourth of July…
Ross looks forward to seeing you in the next live War Room session.
The Traders Agency Team
