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Enough of This Nonsense

Hey, Ross here:

And as the debt clown show in Washington continues, here’s a chart that shows why this is likely just a temporary anchor on the market.

Chart of the Day

The above chart – courtesy of the fine folks at All Star Charts – shows the relative performance of the S&P 500 compared to Treasury bonds.

Most of us here don’t really pay attention to the bond markets because we don’t trade it – but it can be worth looking at to give us helpful signals.

As you can see in the above chart, stocks are breaking out to new all-time highs relative to bonds.

Remember, both stocks AND bonds are being weighed down by the debt ceiling debacle right now.

So even though the market’s performance over the past few days seems lackluster, understand that investors are still far more optimistic about stocks than it might seem on the surface.

Don’t let the clowns in Washington weigh you down. This too, shall pass.

P.S. Would you like special trade prospects and potential market moves sent directly to your phone? Text the word ross to 74121.

Insight of the Day

Being able to tell the difference between fundamental market trends and hyped-up noise is a critical skill.

The Fed’s rampant money printing led to an inflationary spiral that has now resulted in the highest interest rates in over 15 years – which naturally brought down the stock market.

That’s why every smart trader knew that the 2021 bull market could never last – and why I switched to mostly shorting stocks in 2022.

It was a fundamental market trend you could see coming based on simple economic forces.

The debt ceiling debacle is nothing like that.

It’s just hyped-up noise – because the REAL trend is that this literally happens every year. And every year they raise the debt ceiling “just in time” to avoid a catastrophic default.

Yet, because many market participants are unable to distinguish fundamental market trends from hyped-up noise (you can thank the news media for that) – we’re seeing the debt ceiling nonsense keep weighing down markets.

The good news is that this creates plenty of opportunities to get in on leading stocks at attractive prices.

Click here to get my top strategy for pinpointing these leading stocks – a strategy I learned in the heart of Wall Street (and eventually caused me to leave my cushy Wall Street job).

In honor of Memorial Day, I’m giving it away for only 99 cents. But don’t delay – because I’m taking this deal off the table soon.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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.

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