Hey, Ross here:
Indexes closed at yet another new high yesterday.
But among the retail crowd, sentiment is a lot more mixed.
Chart of the Day
This chart shows the results of Schwab’s latest Retail Client Sentiment Survey.
28% of its clients are bullish – feeling that their portfolios are well positioned to grow, and they plan to increase their allocation to stocks.
However, 58% of Schwab’s clients – nearly double the number – are bearish…
Believing that the market is due for a significant correction.
If we look at the latest American Association of Individual Investors’ weekly sentiment survey…
We can see the bears are also outnumbering the bulls (though by a much less significant degree).
Now look – I totally get why so many retail investors are bearish.
The speed of this rally, how much multi-billion-dollar stocks can pop in a single day…
It can feel out of control.
And yes, I do believe that markets could use a bit of a healthy pullback right now.
In fact, I believe that is a pretty likely scenario for this month.
Now, given how bearish retail traders are…
Many of them will no doubt panic if this happens – extrapolating it to believe the crash is here.
But considering that the S&P 500 has never peaked in June in all 75 years of its history…
Not to mention all the other factors like strong earnings growth as well as signs the underlying economy may be heating up…
I believe that any pullback will be a mere “pit stop”…
A minor healthy reset – before the market continues to zoom higher.
In short, it’s an ideal positioning period.
And as I explain below…
This “pit stop” is already forming in many other stocks.
Insight of the Day
Many individual stocks are already in the middle of their healthy “pit stops”
The broader market indexes haven’t hit their healthy “pit stops” yet.
But under the surface…
Many individual stocks already have.
Remember, the indexes are just a broad aggregation of hundreds or thousands of stocks…
And not all stocks move at the same pace.
Right now, there are stocks that have already shot up ahead of the market…
And have already entered their healthy “pit stop” period…
Priming themselves to blast off again.
Those are the stocks I’m looking to target right now.
And later this afternoon at 3 p.m. Eastern…
I’m going LIVE to show you how to use my “home run” stock setup to identify these stocks.
This “home run” setup has signaled moves like:
- 163% in seven weeks…
- 270% in 10 weeks…
- 177% in 11 days…
- And even 148% in just two days:
But considering how hot the rally is right now…
Gains like these could just be the start.
I’ll walk you through everything later this afternoon…
Including the name and ticker of one of the top opportunities this strategy is pointing to right now.
So just click here to guarantee your seat if you haven’t already…
And I’ll see you later this afternoon at 3 p.m. ET.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Ross Givens from Trader’s Agency is an awesome resource to help you with your investing needs and investing education.
I waited about three months to write this review to give myself time to see the impact on my portfolio and I have been completely satisfied.
Ross has a no nonsense, simple approach that makes it easy for all investors and he takes the time to answer all questions on a weekly basis.
Thanks, Ross and Traders Agency!”
Ross Givens
Editor, Stock Surge Daily
