Hey friend,
The big CPI inflation report just came out this morning…
And it was much hotter than expected – 3% versus the expected 2.9%, compared to 2.8% last month.
All indexes opened lower in response.
The Daily Direction
Note: Indexes closed mixed yesterday, with the S&P 500 flat, the Dow slightly rising and the Nasdaq and the Russell 2000 dipping slightly. But with the index movements this morning, multiple directions have flipped downward.
The Daily Nugget
Ultimately, the only thing that moves markets is money.
Sure, things like “good news” – whether at the company level or economy level – can move markets.
And yes, the market does trade on expectations…
But ultimately, for a market to move upward – it takes only one thing…
Money.
It seems obvious, but many investors still can’t grasp it.
People have to buy – aka throw in money – for markets to move up.
That’s why it all comes down to where the money is flowing…
And that’s why in just a few hours at 3 p.m. Eastern later today…
Head Trader Ross Givens is going LIVE to present a brand-new technique that allows you to track the moves of “smart money” players…
Billion dollar money managers, corporate raiders, and even politically savvy, “in the know” traders – down to the exact dollar amount.
This will allow you to follow them to potentially huge gains – even in a volatile and uncertain market.
Ross’ lead analyst recently used this technique to turn a small $265 trade into $1,257 – a 374% gain – in less than three weeks.
And in just a few hours, Ross will be going live to show you the exact technique behind this trade…
So, if you haven’t done so yet, click here to make sure you’ll be able to join the livestream later…
And Ross will see you at 3 p.m. ET in a bit.
The Traders Agency Team
