Hey, Ross here:
It’s the first day of December, and the markets have had a fantastic month. The S&P 500 is now only 5% away from its all-time high.
So let’s end the week – and start the day strong – with an actionable trade idea.
Chart of the Day
Crypto and digital payment companies were the top-performing sector over the last 2 months and ranked 2nd over the last 3 months. In other words, there is tremendous group strength here.
In short, crypto stocks are on the move…
And earlier this week, Riot Blockchain (RIOT) set up for a potential breakout buy here.
RIOT carries a relative strength rating of 98/100, putting it in the top 2% of stocks based on performance.
The stock made a strong move through the $12 area on above-average volume almost immediately right after I shared this trade idea.
It pulled back slightly yesterday – meaning it could still be buyable here.
Insight of the Day
Conditions are lining up for a December rally.
Inflation data showing real signs of cooling…
Strong GDP growth…
Fed officials starting to waffle on the higher-for-longer narrative…
Plus December historically being yet another positive month for stocks…
And conditions are lining up for a December rally.
This means you want to get in position NOW (especially if you missed out in November).
That’s why later today at 12 p.m. Eastern…
I’m going LIVE for a masterclass on how to use “insider trading” signals to spot the highest-potential opportunities in this very market.
This strategy is so good it’s never had a losing year…
And it’s not about to start.
So if you haven’t already, click here to save your seat for my live masterclass at 12 p.m. ET later today…
Add it to your calendar…
Clear your schedule…
And make sure you show up ready to take notes.
I’ll see you there.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily