Hey, Ross here:
Welcome back to a new trading week.
As I highlighted last Friday, Bitcoin is back above the $100K mark – indicating that risk appetite is swiftly coming back into the markets.
And as today’s chart shows – everything is trending nicely.
Chart of the Day
Think of this chart as a breadth “scorecard” showing what percentage of stocks on the various indexes are above their 20-day, 50-day, 100-day, and 200-day moving averages.
As you can see, in the short to medium-term, things are looking very healthy.
Breadth still needs to improve significantly on the longer-term moving averages for us to get back to a truly healthy bull market.
But I don’t suggest you wait until that happens…
Because by then, the biggest opportunities would likely have already passed you by.
Insight of the Day
As the market’s tide continues to turn, expect more noise to crowd out the signal.
Right now, there’s news of a potential trade deal with China – which would be major…
And there are likely dozens of other deals being negotiated as we speak.
Add all that to the fact that we’re still in the middle of earnings season…
And you’re going to see a lot of supposedly relevant market information being pumped out this month.
The tricky part is – a lot of this information can seem valuable on the surface.
But they won’t help you make any money in the markets…
Because everybody else is already trading on this same information.
That means that all this supposedly relevant information – even if interesting – is just noise.
If you want profits, you need signal…
Which means information most of the market does not already have.
Right now, with all this tariff and recession talk…
I believe the market is severely ignoring the potential of a specific type of AI stock…
Even though they could have the most profit potential left in them.
What kind of AI stocks am I talking about?
Customer Story of the Day
“I need an edge, a mentor, someone in my corner with my best interest in mind to teach and advise. Someone willing to have conversations relative to where I am as a trader now.
They can’t teach me everything they know at once, and I don’t expect to win every trade or get rich overnight, but I’m learning and I’m much more comfortable finding and making trades now than I was 6 months ago.
Traders Agency has a wealth of information to share and is sincerely interested in helping people. I sincerely appreciate all they do. Thanks Ross”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
