Hey, Ross here:
How strong has the market been over the past year?
Let’s look at the data.
Chart of the Day
This chart shows the number of trading days the S&P 500 has gone without a 2% down day.
And this doesn’t include data from this week – which means it’s actually been 326 trading days without a 2% down day.
And yes, this includes the July–October pullback of 2023 – the S&P 500 still did not make a 2% down day during that period.
Like I said, pullbacks are a feature not a bug.
But the market is still going strong – so don’t sit this one out.
Insight of the Day
Going with the trend seems “obvious” in theory – but it’s much more difficult in practice.
It’s easy to say that you should trade with the trend.
But it’s much more difficult to do so when you keep hearing voices telling you that this uptrend simply “cannot” go on for much longer.
Now, there’s a little bit of truth in that – no trend lasts forever.
But right now – all indications show that the uptrend is still going strong…
And since trading returns are always concentrated in certain periods…
Missing out on this uptrend could mean missing out on most of the gains to be had this whole year.
That’s why in just a few hours at 11 a.m. Eastern later today…
I’m going LIVE for a masterclass that will allow you to target the strongest stocks in this strong uptrend…
Using my all-time favorite chart pattern (also the favorite of many of the greatest traders in history).
You could’ve already used this chart pattern to pocket a 21% single-day gain just last week – but that could be just the start.
After my live masterclass today, you’ll know:
- How this pattern looks like in individual stocks
- The “must-know” rules that will allow you to instantly filter for this pattern
- And the exact spot within this pattern you should position yourself for maximum gains
So, if you haven’t done so already, make sure you click here now to guarantee your spot in my live masterclass later…
And I’ll see you at 11 a.m. ET sharp.
Keep an eye out for the login info in your inbox shortly.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily