# “Micro” Opportunities Still Abound

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Hey friend,

Markets made a decent recovery yesterday after taking a big dip on Wednesday.

This sort of volatility is normal as the market ponders the Fed’s messaging. So let’s see how the markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2023/12/12-29-23-table.jpg)

**Note:** All indexes closed higher yesterday, causing the short-term direction of the Russell 2000 to flip back upward.

## The Daily Nugget

**_Know when to go after macro opportunities – and when to go after micro ones._**

Even if you primarily target individual stocks, opportunities can still be macro or micro.

For instance, when the entire market is on the verge of a breakout – a macro opportunity – you want to target stocks with the juiciest breakout patterns.

But when the entire market is choppy – like it is now as it digests the Fed’s messaging – you want to drill down to the micro.

Earnings season is a prime example of a micro opportunity – because it’s largely uncorrelated with the broader market.

And **later today at 12 p.m. Eastern…**

Ross Givens is going LIVE for a masterclass that will allow you to target the highest-potential earnings surprises out there right now.

[**So click here to reserve your spot for his masterclass later…**](https://clktrac.com/JoinRoss/tdd_web_editorial)

And we’ll send you the login details in a bit.

Ross will see you at his masterclass soon.

![](https://tradersdailydirection.com/wp-content/uploads/2023/11/TASignature-300x75.png)

**_The Traders Agency Team_**