Hey friend,
We got new consumer confidence data yesterday…
Which showed confidence in their outlook for the economy, their job prospects, and stock market is at the lowest level in over four years.
Further, only 37% of respondents expect stocks to rise over the next year.
But this could be an opportunity.
The Daily Direction
Note: All indexes closed slightly higher yesterday despite the negative consumer confidence data, with no change in any index directions.
The Daily Nugget
Fear lingers long after the bottom is in.
Only 37% of consumers think stocks will rise over the next year.
On the surface, that seems hugely negative.
But remember, retail sentiment doesn’t lead the market. It lags it.
Fear lingers long after the bottom is in.
And by the time the crowd feels confident, the real move is already halfway done.
The recovery won’t feel obvious when it starts. It never does.
That’s why the traders who move before the mood changes are the ones who get rewarded.
Of course, there are still real risks present when playing the beginning of any major recovery.
As Head Trader Ross Givens said – you want to be more conservative with your position sizing…
And use proven strategies to swing the odds in your favor even more.
That’s why later this afternoon at 3 p.m. Eastern…
Ross is going LIVE to show you how to harness one of the most powerful informational edges in the market for yourself.
This same edge has allowed politicians like Nancy Pelosi to beat Warren Buffett and the best hedge funds on Wall Street.
And after you attend Ross’ live training this afternoon…
You’ll be able to use this exact same edge to give you the best chance of profiting from this recovery.
So, if you haven’t done so yet…
Click here to guarantee your seat for Ross’ live session later…
And make sure you show up by 3 p.m. ET.
Don’t wait until the recovery has picked up too much steam, and all the best opportunities are gone.
The Traders Agency Team
