# The Formula for a Good Trade

Canonical: https://tradersdailydirection.com/the-formula-for-a-good-trade/

Hey friend,

The biggest narrative influencing the market right now is the “will they won’t they” on rate cuts.

This morning’s CPI report will have an impact on that – but it’ll take a few days for the market to digest.

In the meantime, let’s see how markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2024/04/Screenshot-2024-04-09-at-8.58.51 AM-1024x251.png)

**Note:** All indexes closed slightly higher or flat yesterday in anticipation of today’s CPI report. No change in any index directions.

## The Daily Nugget

**_Constructive Price Action + Solid Fundamentals + Supportive Market Environment = A Good Trade_**

This is the formula for a good trade.

First, the stock’s price action must be constructive.

Its fundamentals must be solid…

And the market environment it’s operating in must be supportive.

If you can spot a stock with all three – you’ve likely got a good trade on your hands.

But if you want a GREAT trade – there needs to be an extra “it” factor.

That “it” factor? Aggressive buying by those who know the most about the stock themselves – the corporate insiders.

And that’s why [**in just a couple hours at 3 p.m. Eastern today…**](https://clktrac.com/JoinRoss/tdd_web_editorial)

Chief Trading Strategist Ross Givens is going LIVE for a masterclass that will allow you to target quality stocks with this extra “it” factor.

He’ll also be pinpointing a fast-moving opportunity in a sector that’s breaking out even as the market pulls back.

Don’t miss it.

[**Click here to lock in your spot for his masterclass…**](https://clktrac.com/JoinRoss/tdd_web_editorial)

And we’ll send you the login details before it starts.

Ross will see you at 3 p.m. ET today.

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

**_The Traders Agency Team_**