Hey, Ross here:
A couple months ago, I was talking about the “narrow bull market”.
Today, it looks like the bull market has widened a lot.
Chart of the Day
Here’s the percentage of stocks trading above their 200-day moving average over the past one year.
Here’s the percentage of stocks trading above their 50-day moving averages.
Since the beginning of this month, those percentages have spiked.
This means participation in this bull market has been sharply increasing – and we’re no longer in a narrow bull market.
This expanding base will provide the foundation for the bull market to keep chugging on.
But here’s the question – what is it that’s causing this expansion in breadth (and how can we take advantage of it)?
I’ll explain below.
Insight of the Day
Expanding participation means the big buyers are also expanding their buy targets.
For too long, too much of the institutional money was just flowing to the Magnificent 7 stocks.
Now, it looks like they’re scaling back – and diversifying their buys into the smaller stocks instead.
That’s what’s causing the expansion in breadth.
And the opportunity comes from tracking their trades into these smaller stocks – so we can use their money for our profit.
That’s why I developed a unique “buying pressure” indicator that tells us exactly which stocks these institutional buyers are buying…
As well as when we should position ourselves in these stocks for maximum gains.
This indicator could have led you to an over 135% gain in just a couple months…
And with participation broadening, this could just be the start.
In just a few hours at 11 a.m. Eastern later today…
I’m going LIVE for a new masterclass showing how anyone can use this indicator to target rapid profits in this market.
After my masterclass later, you’ll know:
- How to detect when buying pressure is building up in a specific stock…
- Why most traders are blind to this buildup of pressure (and miss out on big gains)…
- And how to use my “PSI Gauge” to determine the exact point to jump into one of these “pressurized” stocks for maximum gains.
So, if you haven’t already, click here to guarantee your seat for my live masterclass later…
And watch out for the login details in your inbox shortly..
Try to login early if you can – I’ll see you in a bit at 11 a.m. ET.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily