# Price Action vs. “Fundamentals”

Canonical: https://tradersdailydirection.com/price-action-vs-fundamentals/

Hey friend,

Let’s see how markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2023/06/Screenshot-2023-06-05-at-9.03.49-AM-1-1024x233.png)

**Note:** Markets pulled back a little yesterday as they digested the Fed’s minutes and weaker economic data from China. Yet, all index directions remain firmly in the green.

## The Daily Nugget

**_Price action can predict the “fundamentals”._**

Many investors and traders are always concerned about the “fundamentals” of a stock – earnings, growth outlook, and whatnot.

And to be clear, those are indeed important.

But many are placing these fundamentals over the price action – or even disregarding the price action entirely.

This is a huge mistake.

Because you see, price action – beyond being absolutely necessary for making fast gains – can also predict many of these fundamentals.

That’s why so many fundamental “surprises” don’t seem to move the price when they hit the news – they had already been baked into the price action prior.

This means if you know how to read price action, you can actually predict many of these fundamental changes _(or at least whether they’re positive or negative)_ before most.

That’s why for Ross Givens – and many other legendary traders – price action IS the core fundamental.

Price action is what allows him to spot when the institutional money could be about to flood into a stock and send it surging…

[**And you can start using this exact price action for just 99 cents** **_(till tomorrow only)_** **by clicking here.**](https://stealthmodeinvesting.com/holiday/?tambid=19712)

_**The Traders Agency Team**_