Hey friend,
We got some manufacturing and service gauge data this morning.
Services data came in ahead of expectations while manufacturing came in slightly under.
Meanwhile, the latest new home sales data also beat expectations and last month’s numbers – despite the surge in mortgage rates.
Next week, the Fed meets.
Let’s see how the markets have been moving.
The Daily Direction

Note: Indexes closed lower again yesterday but have been moving higher today. No change in any index directions.
The Daily Nugget
Volatility doesn’t break good traders – it reveals them.
That’s especially true in a market like this one.
Things may appear calmer in brief stretches, but this market is still churning underneath.
Leadership keeps moving, reactions stay sharp, and the pressure has not really gone away.
In this kind of environment, traders do not get tested only on big days.
They get tested in the middle of the churn, when focus, patience, and discipline matter most.
And when the next wave of volatility hits, it won’t arrive with a warning.
You won’t have time to prepare in the moment.
That’s why how you think now matters more than what you do next.
Volatility isn’t the enemy. It’s the test.
And often, it’s the filter – separating those who are just reacting from those who are actually ready.
So take a moment to check in with yourself.
Is your mindset built to handle the swings? Or is it still searching for certainty that doesn’t exist?
This is not to cast judgment – but to raise awareness.
Take a moment to reflect.
We’re here to help you face whatever the market throws at you next.

The Traders Agency Team
P.S. Every week, Head Trader Ross Givens goes LIVE to give you a clear picture of what he’s seeing in the markets in real time…
As well as highlight the opportunities that others are missing amid this volatility.
And as part of our “Christmas in July” special…
You can join Ross at these live sessions for just 5 bucks for an entire year.
This is an incredibly valuable deal during these turbulent times.
So click here to grab this $5 offer while it’s still up.
Ross looks forward to seeing you in his next live session.
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