Daily stock market analysis, trade alerts, and trading education from Ross Givens and the Traders Agency team.
Hey friend, The CPI report came in at 2.7% annually and 0.2% monthly – which was below expectations. However, core CPI – which excludes food and energy – came...
Hey, Ross here: Today’s stock market is increasingly dominated by the mega-cap tech stocks. That’s not a bad thing. Concentration is what creates...
Hey friend, Nothing on the economic calendar for today. Tomorrow – the big market-moving CPI report. The Daily Direction Note: All indexes closed slightly...
Hey, Ross here: Welcome back to a new trading week. Tomorrow, we will get the latest inflation numbers… Which will in turn influence the market’s expectations...
Hey friend, No big releases on the calendar today. Next week, we get big inflation numbers – which will influence the market’s expectations of a Fed rate cut...
Hey, Ross here: Both the S&P 500 and the Nasdaq are only about 1% away from all-time highs. Even the equal-weighted S&P 500 is under 3% away from new highs...
Hey friend, The weekly jobless claims data came in higher than both the week before and above estimates. Couple that with the negative jobs growth revisions...
Hey, Ross here: There’s a lot of talk about how Big Tech companies – and the tech sector in general – has been outperforming since the April low. That’s true...
Hey friend, No big data releases today, though we have some Fed speeches on deck. Tomorrow, we get jobless claims, productivity, and consumer credit data. The...
Hey, Ross here: The market continues to chop around. This is a pattern I expect to last for a while. But as I’ve said, the odds are this chop will just be...
Hey friend, We got the trade deficit numbers this morning, which came in at a near two-year low. The trade deficit with China, in particular, was the smallest...
Hey, Ross here: After Friday’s sharp dip, we saw an equally sharp rebound yesterday. What’s going on? Today’s chart will shed some light. Chart of the Day This...
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.