Hey, Ross here:
And here’s an interesting chart courtesy of Twitter.
Chart of the Day
The chart above shows the similarities between the Nasdaq from 2003 – as it recovered from the Dot-Com crash…
And the Nasdaq today, as it recovers from the 2022 crash.
As you can see, the similarities are striking.
Should the Nasdaq proceed just as it did in 2003, that means we’re likely to see a normal pullback (something I already said was likely yesterday) – followed by continued strength.
Now, as the saying goes – history doesn’t repeat, it rhymes.
We probably won’t see an exact replay of 2003…
But the pattern is encouraging, and shows us why now is the time to get more aggressive with our trading.
And it’s also why – as I explain in the Insight of the Day – you should be careful listening to those who love calling the tops in the market.
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Insight of the Day
Beware the “top callers” in the market – listening to them can severely limit your profit potential.
The S&P 500, the Nasdaq, and the Dow are all at 52-week highs. And they all have strong momentum behind them.
When situations like this happen, many traders get uncomfortable.
They wonder how long the market can keep going up – especially with the memories of 2022 still fresh in their minds.
And hordes of talking heads on the mainstream media speculating whether the market has topped out doesn’t help either.
This is all understandable.
But the consequence of all this is that when the market naturally pulls back, these traders panic – abandoning their positions out of fear that a new plunge has arrived.
Trust me when I say the price action in a plunge and a pullback looks very different –and you can count on me to tell you which is which.
And right now, the price action is telling me it’s all systems go.
Remember, times like these are when the biggest and fastest gains are made…
Which is why later today at 12 p.m. Eastern, I’m going LIVE to show you my top strategy for taking full advantage of current market conditions…
A strategy that has just delivered gains like:
- 51% in 5 days…
- 26% in 8 days…
- 46% in 7 days..
- 49% in 17 days..
- 48% in 9 days – and much more…
So click here now to save your seat…
And I’ll see you at 12 p.m. ET sharp.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
