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We thought we would get “pullback confirmation” this week.
Nvidia’s blowout earnings have thrown a wrench in those plans. Now, we simply have to wait a little longer to see how things shake out.
So, in the meantime, let’s see how yesterday’s move has affected the direction of the indexes.
The Daily Direction
The Daily Nugget
Even the biggest – seemingly most important news – can actually be distractions that negatively impact your trading performance.
Yes, you need to know the “big news” that’s impacting the markets…
But you also need to realize that they often can – paradoxically – be distractions that can negatively impact your trading performance.
Case in point – Nvidia, which has already broken out.
It’s no doubt a highly important market-moving stock…
But if that’s all you’re focused on right now, you’re missing the bigger opportunities laying right under your nose.
10X Trade Idea For 2024
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