Hey friend,
Nvidia’s gyrations are causing the market to fluctuate more than it should.
Discount that, and the broader market continues to be fairly tepid as it awaits more catalysts.
The Daily Direction
Note: Another mixed day for the indexes yesterday – only this time it was the S&P 500 and Nasdaq rising while the Dow Jones and Russell 2000 fell. Still, no change in any index directions.
The Daily Nugget
A market may look calm on the surface – but it’s a different story under the hood.
That’s why you always need to look deeper.
Right now, the market is calm on the surface…
But underneath, a sector rotation may be happening – an event which always creates opportunities.
Remember, as Ross Givens said, rotations are as necessary as pullbacks to keep a bull market going.
So don’t miss all the opportunities lying beneath the surface of the market.
Even in the AI sector, an “internal” rotation may be happening…
And this is the new class of AI stocks that may rise to the top of the pile.
The Traders Agency Team
