# Understand This to Make More Profits

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Hey friend,

With earnings season just starting, it’s an interesting time for the markets.

Ross Givens calls it a “wildcard” – as earnings strength could move markets in unpredictable ways.

With that said, let’s see how markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2023/10/Screenshot-2023-10-17-at-9.56.40 AM-1024x232.png)

**Note:** With all indexes closing higher yesterday, the short-term direction for the S&P 500 and the Dow – as well as the long-term direction for the Dow – flipped back upwards.

## The Daily Nugget

**_The better you understand what the market expects, the more effective you’ll be as a trader._**

As we’ve said many times before, markets trade on expectations…

And earnings season is a chance to really see this in action.

A company’s earnings may be objectively “good” – but if it’s below expectations, its stock price will still likely fall.

And likewise, a company may post objectively subpar earnings – but if it’s above expectations, its stock price will likely rise.

That’s why the better you understand what the market expects _(and we’re not talking just about earnings)_...

The more effective you’ll be as a trader – because you can trade off those expectations.

Case in point – the market almost never expects certain stocks to surge…

But often they do anyway, because of the X-factor – institutional buying…

Meaning if you know how to spot their tell-tale signs, you could jump in right alongside them for a quick profit.

And thanks to Ross’ experience working for one of the biggest institutions on Wall Street…

He’s developed a strategy for spotting these secretive institutional trades…

And you can [**start using this strategy for yourself right now by clicking here.**](https://gamemasterinvesting.com/stealth-trades-5-order/?tambid=21277)

**_The Traders Agency Team_**