It’s Ross Givens here, with Chart of the Day. Unlocking the pulse of individual investor sentiment, the American Association of Individual Investor’s Sentiment Survey reveals a noteworthy shift. The margin between bullish and bearish sentiments has sharply contracted over the past week, with bearish views climbing from nearly 20% to over 27%. The recent sideways market movement seems to have left its mark. However, in today’s Insight of the Day, I delve into why this shift is not just a mere fluctuation but a positive development with strategic implications.

It’s Ross Givens here, with Chart of the Day. Diving into the intricate dance between the 10-year Treasury yield and the current market rally, a notable trend unfolds. Since its late October peak, the yield has steadily declined, approaching a critical support level. The prospect of sub-4% yields looms, presenting a potentially favorable scenario for stocks. Even as the rally pauses, the continuous downtrend in yields offers a compelling sign. In today’s Insight of the Day, I unravel the dynamics behind this phenomenon, shedding light on why the alignment of declining yields and a market pullback could be a strategic opportunity for savvy investors.

It’s Ross Givens here, with Chart of the Day. Analyzing the pulse of the market, the percentage of stocks trading above their 50-day moving average hit 75% earlier this week, echoing levels seen just before a significant market decline in late July. While I don’t anticipate a repeat of that downturn, a subtle pullback in this percentage raises intriguing possibilities. In today’s Insight of the Day, I unravel the contributing factors and unveil why this pullback presents a unique opportunity.

It’s Ross Givens here, with the first Chart of the Day of December. As we reflect on the S&P 500’s remarkable November, boasting its second-best performance since 1980, the broader market danced to a triumphant tune. However, recent days have seen a calm after the storm, with certain pockets, like my Alpha stocks service featuring crypto gems MARA & BTBT, shining amidst the general index plateau. While the S&P 500 inches towards the year’s high, the Nasdaq trails at 13%, and the Russell 2000, representing small-cap stocks, lags at a striking 34%. This underperformance hints at a substantial opportunity for investors.

It’s Ross Givens here, back with the Chart of the Day. Diving into the dynamic world of Deckers Outdoor (DECK), I dissect its compelling price action. Following a staggering 30% post-earnings surge, the stock gracefully consolidated for three weeks—a textbook example of a shallow pullback. The breakout moment arrived on Monday morning at the yellow line, signifying a prime buying opportunity as supply had already been absorbed.

It’s Ross Givens here, back with the Chart of the Day. Diving into the dynamic world of Deckers Outdoor (DECK), I dissect its compelling price action. Following a staggering 30% post-earnings surge, the stock gracefully consolidated for three weeks—a textbook example of a shallow pullback. The breakout moment arrived on Monday morning at the yellow line, signifying a prime buying opportunity as supply had already been absorbed.

It’s Ross Givens here with the Chart of the Day. Soaring to new heights, the Nasdaq 100 index, comprising the top 100 companies on the Nasdaq, has reached a 52-week high, edging just over 4% away from the November 2021 peak. While a sustainable bull market demands broader small-cap participation, this robust performance by tech giants is a potent signal that can’t be overlooked. Ignoring this powerful indicator comes at your own peril, hinting at exciting possibilities in the market landscape. Join me as we dissect the implications of Nasdaq’s climb and explore the dynamics shaping our investment outlook.