Hey, Ross here:
Welcome back to a new trading week.
The major indexes are either at or extremely close to all-time highs.
But there is still a pervasive sense of doom and gloom…
A feeling that this rally couldn’t possibly go on any longer…
That the AI-powered “bubble” could pop at any second.
So let’s start the day by looking back at an eerily similar time for the stock market – the 90s.
Chart of the Day
This chart tracks the movements of the S&P 500 since the start of the bull market back in October 2022 in purple…
And the 1990s bull market in blue.
As you can see, based on the price action alone, the parallels are clearly there.
There were painful drawdowns and corrections in the shorter and medium terms…
Although on a longer timescale, the market just kept moving up (as it generally tends to do).
But even beyond price action, there are also striking similarities in the narratives being played out around stocks.
There were also periods of consistent rate increases and rate cuts by the Fed – just like now.
The Internet was only just coming into fruition – just like AI is today.
There was plenty of hype and an almost equal amount of skepticism for both the Internet then and AI today.
Now, am I saying that this bull market will go on for 2+ more years (which is what the chart would seem to imply?).
Most definitely not.
Now, I do expect this market rally to last at least until the end of this year and most likely next year as well.
But it would be foolish to make any sort of realistic predictions beyond that.
The point of today’s chart is not to tell you exactly how much longer this bull market can last.
The point is to show you that – despite what the bears would have you think…
This bull market has a very good chance of lasting a lot longer than they would tell you – regardless of AI skepticism and talk of overvaluations.
In this market, if you’re staying out – you’re missing out, period.
Because I promise you this…
The smart money is most definitely NOT staying out.
In fact, they’re likely not even allowed to by this point in the year.
I explain what I mean below.
P.S. My next edition of 2 Trades in 2 Minutes drops tomorrow. They’re completely free – but you’ll want to act on them FAST. So text the word “trade” to 87858 and get those trades sent to your mobile the second they’re released.
Insight of the Day
The institutional investors – the smart money – simply do not have the option to sit out this late in the year.
The institutional investors control billions upon billions of dollars.
This makes them the primary market movers.
But make no mistake, not all of them are created equal when it comes to investment and trading skills.
In fact, many of them are likely actually underperforming the broader market right now…
Especially because a lot of them were scared off by Trump’s Liberation Day tariff announcement and the massive selloff that followed (if you recall that’s when I told people to get back IN instead).
Remember, these are professional investors with yearly targets to hit.
They HAVE to try and make up for it by “chasing performance” in the fourth quarter…
Which means going even harder into the rising sectors and stocks.
They’ll get fired before they’re allowed to sit in cash.
That’s our opportunity.
And that’s why tomorrow, Tuesday October 7, at 11 a.m. Eastern…
I’m hosting a LIVE strategy session to walk you through how to follow these “smart money footprints”.
This strategy has led us to open gains like 155% in 150 days… 212% in 165 days… 424% in less than six months… and even 524% in 13 months.
But with the smart money ramping up their activity right now…
This strategy is hotter than ever.
So click here to save your seat for my live strategy session tomorrow…
And I’ll see you Tuesday morning at 11 a.m. ET sharp.
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
“I guess I have been a newbie in the stock market for years. Buying a stock and just letting it ride.
Yes, I made a little money, but after finding Ross Givens and his educational methods a few months ago, I have moved the stocks in my portfolio to ones with more potential than ever before.
I am so impressed I purchased a lifetime membership and learned a new selection method daily.”
Ross Givens
Editor, Stock Surge Daily
