# Don’t Get Intimidated by This

Canonical: https://tradersdailydirection.com/dont-get-intimidated-by-this/

Hey friend,

The latest Producer Price Index report bolstered sentiment that inflation may finally be cooling for the long haul.

Still, it’ll probably take a few days for the market to fully digest the combination of the inflation data and the Fed’s comments.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2024/06/Screenshot-2024-06-14-at-7.31.58 AM-1024x251.png)

**Note:** It was a divergent day for the indexes yesterday, with the S&P 500 and Nasdaq rising, while the Dow Jones and the Russell 2000 fell. As a result, both the short and medium-term directions for the Russell 2000 flipped back downwards.

## The Daily Nugget

**_It’s generally safer and more profitable to buy strength instead of weakness._**

Many traders dream of buying that stock that’s been falling for months – or even years – right before it suddenly blasts off.

It’s easy to see why…

But the reality is that buying weakness is generally a recipe for disaster…

And buying on strength – even if it seems like the max upside is lower – is usually the safer and more profitable path, especially over a longer time frame.

Right now, the market is still very strong – with many stocks _(not just the big popular ones)_ hitting new highs.

Don’t be intimidated by strength – leverage it instead.

Most of Ross Givens’ trading strategies are all about leveraging the market’s strength.

And earlier this morning, he went live for a masterclass that could have shown you how to use his favorite chart pattern of all time to target the strongest stocks in a strong market.

Those who attended the live masterclass are probably placing their high-impact trades as you read this…

So if you missed out earlier today…

Make sure you [**click here to watch the masterclass replay**](https://clktrac.com/firetrader/%7B%7Bemail%7D%7D/24543) before it gets taken down.

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

**_The Traders Agency Team_**