Hey friend,
Here’s how the markets have been moving after Powell’s hawkish comments yesterday.
The Daily Direction
Note: The moment Powell said rates may need to go “higher for longer”, markets predictably dipped. Lots of downward flips in short-term directions.
The Daily Nugget
Don’t fight the trend.
You know what’s even more dangerous than “fighting the Fed”? Fighting the trend.
You see, the Fed may determine the trend for the entire market – but individual stocks can still go against the tide.
What’s more important as a trader is that you don’t fight the trend in these individual stocks. That may work for long-term investors. But if you’re a trader seeking quick profits – that’s a surefire to losses.
And if you want to get your hands on stocks that have the highest potential of bucking the market trend and keep rising – no matter what the Fed is doing – be sure to watch this message from Ross Givens.
The Traders Agency Team
P.S. If you want special trade prospects and potential market moves from Ross sent directly to your phone – so you don’t miss out on anything – just text the word ross to 74121.
