Home » Classic Bullish Pattern Forming

Classic Bullish Pattern Forming

Hey, Ross here:

As expected, the Fed held rates steady yesterday, with Powell taking the usual “wait-and-see” approach during his press conference.

Surprisingly, markets managed to close slightly higher despite the press conference usually triggering a bit of a selloff.

Now, I don’t expect a straight-shot recovery from here.

But as today’s chart shows, there is a clear classic bullish pattern forming.

Chart of the Day

This is a classic bull flag pattern forming in the Nasdaq.

We’re also seeing the same pattern in the S&P 500 and the other indexes.

Should the pattern continue as expected, we should see the market shoot higher from here.

Again, there are no guarantees in the market.

But these classic chart patterns are based on decades of price action…

And this chart pattern is telling me that the market will likely continue to be bullish.

Don’t stay on the sidelines.

Insight of the Day

Without uncertainty there is no opportunity.

Don’t get me wrong…

Despite the bullish odds, uncertainty will absolutely remain high for the month.

President Trump is a known wild card and keeping his opponents on their toes is part of his strategy.

So even though there are hints of big trade deals coming down the pipeline, nothing is certain and things could flip in an instant.

But it’s critical to remember that without uncertainty there can be no opportunity.

And that means if you sit out during times of uncertainty…

The only thing that’s certain is that you will miss the most lucrative windows of opportunity.

And one of the biggest opportunities I’m seeing right now is in AI microcap stocks.

Sure, AI stocks have taken a bit of a back seat in the headlines amid all the tariff uncertainty.

But make no mistake, the AI trend is only accelerating…

And these are the types of AI stocks I believe could surge the most in the coming recovery.

Customer Story of the Day

“I followed Ross for approximately six months before joining.  

In those six months, I honestly could have doubled if not tripled my money invested in stocks, not including what I could have banked with options.  

Ross, as well as his staff, are pleasant and convenient regarding communication, but most important, they are knowledgeable and experienced.  

They have educated me that the little guy can still profit with guidance and education.”

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

Brand New Strategy for Profiting from AI Stocks.

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

Picture of Ross Givens
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.

STOCK SURGE DAILY
With Ross Givens

Looking for an edge? Ross has the inside scoop on top analysis that will help grow your portfolio.. Receive a new stock opportunity every day and get ready to see your investment SURGE!

Tech stocks are rallying – and Ross Givens’ #1 Tech Stock of the Decade has been making BIG moves you don’t want to miss.

Whats in the Article