Hey friend,
The Fed delivered the so-called “jumbo” rate cut yesterday.
The market’s immediate reaction was sharply positive – but markets actually ended up closing largely lower by the end of the day.
But how the market moved yesterday isn’t as important as how it moves over the next few days.
Because that’s what will really set the course for the markets moving forward.
The Daily Direction
Note: All indexes closed slightly lower or flat yesterday – but with no change in any index directions… for now.
The Daily Nugget
Having a longer-term outlook is essential for traders – not just investors
Sure, we’re not long-term investors buying and holding stock for years. Our holding periods are usually much shorter than that.
But that doesn’t mean that a longer-term outlook is useless.
Because without a clear-sighted vision of the longer-term outlook, you’ll often fail to recognize the shorter-term opportunities.
For example, right now the longer-term outlook for the market, as Head Trader Ross Givens as noted, is still bullish.
But there’s a lot of volatility right now thanks to the Fed– as well as September seasonality – that the short-term outlook can look very cloudy to those who don’t know better.
And because they don’t know about the bullish longer-term outlook, they’ll probably miss all the short-term opportunities right in front of them.
Don’t let that be you.
We’re holding a special End of Summer sale right now that’ll be gone by next week.
As part of this sale, you can get Ross’ proprietary Stealth Trades strategy for just 99 CENTS…
And use it to help go after all the short-term opportunities up for grabs right now.
Stealth Trades members also get to attend LIVE calls every week breaking down the market and highlighting the top opportunities on top of trade recommendations…
So it’s an absolute steal at 99 cents.
But this sale will be gone by next week.So click here now to grab Ross’ Stealth Trades strategy for just 99 cents while the sale is still on.
The Traders Agency Team
