Is the “Trump Pump” Over? (The Truth)
Hey, Ross here: Markets closed lower every day for the past week. People are saying the “Trump Pump” is over. What do I think? Before we go into that, let’s look at just how much money is continuing to...
View ArticleWill This Pullback be Different?
Hey friend, The market is now pricing in a slower pace of rate cuts. Combine this with natural profit taking, and last week’s pullback shouldn’t have come as a surprise. Let’s see how the indexes have...
View ArticleMore Fuel for the Market to Move Up
Hey, Ross here: Yesterday, I explained why the pullback is natural… And why the smart move is to buy pullbacks – as the longer-term trajectory of the market is still upwards. Today, let’s look at a...
View ArticleUnderrated Reason for Buying Pullbacks
Hey friend, Escalating tensions over the Ukraine war are rattling markets. Let’s see how the indexes have been moving. The Daily Direction Note: Indexes recovered slightly yesterday but are moving...
View ArticleIs This a “Favorable Trading Environment”?
Hey friend, Lots of Fed members giving speeches today. Tomorrow – more Fed speeches plus the latest weekly jobless claims. Let’s see how indexes have been moving. The Daily Direction Note: Indexes...
View ArticleThis Tells Me It’s a Healthy Pullback
Hey, Ross here: How do we know whether we’re in a healthy pullback? Today’s chart helps answer the question. Chart of the Day One sign of healthy price action is previous resistance becoming support....
View ArticleWhy This Pullback Could be Over Soon
Hey, Ross here: Let’s start the day by looking at how individual investors are feeling about this market. Chart of the Day This is the results of the weekly survey conducted by the American Association...
View ArticleThe Most Powerful Trading Edge There is?
Hey friend, Nvidia just released its earnings after market close yesterday. How the market digests it will likely influence the entire tech sector – and by extension, the whole market. The Daily...
View ArticleLate November Market Rally Incoming?
Hey, Ross here: Yesterday, I talked about why increasing bearish sentiment by individual investors could be a sign this pullback might be over soon. Today, let’s look at some historical data supporting...
View ArticleTime to Play the Small-Cap Bounce
Hey, Ross here: Welcome back to a new trading week. The markets have been on quite a ride since the election. Let’s look at a key opportunity I’m seeing right now. Chart of the Day This is the...
View Article80% of Trading Success Comes Down to This
Hey friend, All indexes closed higher to end last week. Tomorrow, we’ll see the latest consumer confidence data and get the minutes of the last Fed meeting. The Daily Direction Note: All indexes closed...
View ArticleThis is Your #1 Enemy in Trading
Hey friend, The big jobs report came in this morning. The gist of it – it’s mixed. Payrolls rose, beating estimates – but the unemployment rate rose too. Let’s see how the indexes are moving. The Daily...
View ArticleIndividual Investors Played for Suckers Again?
Hey, Ross here: Welcome to a new trading week. Last week, in this very newsletter, I talked about how individual investors and traders can “flip” their sentiment on a dime. They’re extremely fickle....
View ArticleUseful vs. Useless Opportunities
Hey friend, The big report this week is the latest CPI inflation data, which comes in on Wednesday morning. With the Fed meeting next week – expect this data to move markets. The Daily Direction Note:...
View ArticleThis Underground Market is Buzzing with Opportunity
Hey, Ross here: Let’s start the day by looking at a quick chart showing just how much volume is flowing beneath the surface of the market. Chart of the Day This chart shows the average daily volume of...
View ArticleThe Truth About Market Edges
Hey friend, The latest data on small businesses’ optimism came in this morning – and it showed optimism surging. Tomorrow – the major CPI report. The Daily Direction Note: All indexes closed lower...
View ArticleAnother Pullback Buying Opportunity?
Hey, Ross here: Are we about to see another pullback buying opportunity? Chart of the Day The above chart is the RSP – the Equal-Weight S&P 500 Index. Right now, the Magnificent Seven stocks are...
View ArticleSign of a Healthy Pullback (and Buying Opportunity)
Hey, Ross here: Yesterday, I talked about how we could be entering another pullback buying opportunity. Today, let’s look at evidence as to why this is most likely a healthy pullback. Chart of the Day...
View ArticleHow “Goldfish” Traders Create Opportunities
Hey friend, The CPI report came in this morning – and it was right in line with expectations. Let’s see how the market has been moving. The Daily Direction Note: All indexes closed lower again...
View ArticleSign of a Healthy Pullback (and Buying Opportunity)
Hey, Ross here: Yesterday, I talked about how we could be entering another pullback buying opportunity. Today, let’s look at evidence as to why this is most likely a healthy pullback. Chart of the Day...
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