Hey friend,
Let’s find out the markets have been moving.
The Daily Direction
Note: Markets closed lower yesterday on fears about falling consumer confidence and chances of a coming recession. Several short-term directions flipped negative.
The Daily Nugget
Leading stocks can be a powerful indicator of what’s to come.
More often than not, the best stocks in the leading groups advance before it’s obvious that the group or sector is hot.
That means if you know how to spot these leading stocks, you could use that skill to identify which sectors or groups you can profit from next.
In sum, identifying leading stocks is a skill that allows you to create positive second-order consequences (i.e. more opportunities later down the line).
These leading stocks are also the perfect candidates for your trade watchlist – which is the prerequisite to having great trade entries.
And if you’re not quite sure how to identify these leading stocks, here’s a big hint – it all has to do with the “big money”. Ross Givens explains it all here.
The Traders Agency Team
P.S. Want special trade prospects and potential market moves from Ross sent directly to your phone so you don’t miss out on anything? Text the word ross to 74121 now.
