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Can This Rally Continue? (The Evidence)

Hey, Ross here:

I said over a month ago that the lows were likely in – and I was right.

Now, with the market having rallied over 20% in the past month…

The question on many traders’ minds is – can this rally continue?

Today’s chart helps answer that.

Chart of the Day

This is Goldman Sachs’ proprietary US Equity Sentiment Indicator – which takes into account positioning by institutional, retail, and foreign investors.

Despite the blistering rally we’ve seen off the April lows…

This indicator shows that most investors are still only lightly positioned in US stocks.

In other words – there’s plenty of money sitting on the sidelines that is likely just starting to flow back in.

That’s what will likely keep the rally going.

Now is not the time for fear.

Insight of the Day

When the trend is clear, don’t fight it.

Being a successful trader often requires being contrarian.

And yet, when the market’s broad trend is clear…

Fighting it – instead of riding it – is a losing game.

As I’ve said many times before, trading is counterintuitive. And it’s highly nuanced.

You have to know when to be contrarian – and when not to be.

Now is not the time to be fighting such a clear trend.

It’s the time to be capitalizing on it…

Especially when the evidence is telling me that we’re still in the early stages of the rally.

So please join me in a few hours at 11 a.m. Eastern later this morning…

Because I’ll be going LIVE for a strategy session to show you my #1 breakout system for taking advantage of this rally.

In past rallies, this system has pinpointed gains like 114%… 136%… 295%… and 317%.

But considering how sharp this “V-recovery” has been, gains like these could just be the start.

I’ll also be highlighting several opportunities that look ready to rip right now…

So make sure you click here to guarantee your seat for my live strategy session if you haven’t already…

And I’ll see you in just a bit at 11 a.m. ET sharp.

Customer Story of the Day

“Straight shooters. No agenda, other than winning trades. Thoroughly explain their strategies. Very educational 2x weekly online sessions.”

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

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