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Have There Been “Too Many” Pullbacks?

Hey, Ross here:

If you’re a regular reader of this newsletter, you know I’ve been banging the drum about buying pullbacks ever since this bull market began.

So, here’s an interesting question a reader asked me recently…

Have there been too many pullbacks?

Chart of the Day

Source: @MattCerminaro via X

This chart shows the number of 5% or more pullbacks in past bull markets.

As you can see, the average bull market has eight 5% pullbacks.

In this bull market, we’ve only had five such pullbacks…

Not to mention, this chart only shows “deep” pullbacks of at least 5%.

The pullback in the Equal-Weight S&P 500 index I showed yesterday? It’s currently just over 3%.

So, to answer the earlier question – the data shows there haven’t been “too many” pullbacks at all.

Stay in the game.

Insight of the Day

Most traders severely underestimate how many pullbacks a healthy bull market can have.

For many traders, every pullback – especially the deep ones – can feel like the end of the bull market.

The fear-mongering mainstream media only adds to this.

But the fact is, most traders severely underestimate how many pullbacks a healthy bull market can have.

They just don’t have the data like I just showed you above.

But you do – and that means you know you can and should be exploiting this pullback.

And later this morning at 11 a.m. Eastern…

I’m going live for my FINAL Black Edge masterclass for a while.

Miss this one and you might have to wait until next year – when the pullback is already likely over…

While those who already have access to this system have already made the most of it.

In case you don’t recall, my new Black Edge system is all about detecting the dirty, unethical – and devastatingly effective – trades made based on non-public information.

My top analyst Jean doubled his personal account in a month using this system.

And over the past several weeks, the Black Edge system has signaled gains like  317% in two weeks, 244% in nine days, and 806% gain in just six days.

So if you haven’t yet…

Make sure you click here to guarantee your spot for my FINAL Black Edge masterclass later this morning…

And I’ll see you at 11 a.m. ET in a bit.

Again, the information I’ll be sharing in the masterclass is more than enough for you to start using this strategy for yourself…

So you have nothing to lose and everything to gain from showing up.

The login details will be in your inbox shortly – try to login earlier if you can.

Customer Story of the Day

“I’ve been an extremely happy customer for over a year. I’ve doubled my money and would have made more money had I not ventured off and did my own thing. (a learning experience, but much wiser now). 

I signed up with the deluxe package that includes 1) Insider Effect 2) Alpha stocks, 3) Fire Trader, and 4) Stealth Trades.  Ross and his team send out alerts of when to buy and sell different stocks based on different criteria. They make it easy no matter what your experience is. 

There are also plenty of easy-to-follow trading videos that go over different strategies and must take actions such as setting an automatic stop loss to ensure that you never lose a ton of money (like I did in the past). 

There are also very useful ‘indicators’ (plug-ins) to the TradingView charts that are exclusive to membership. The one I like the most lets me see which sectors are rising and tanking, so that I can buy winning stocks in sectors that are on the rise. 

Every week, the Stealth Trade session holds a webinar that lasts at least 60 minutes that explains different strategies and goes over different stocks. Ross is very generous with his time and I always learn a lot from these. TA’s tech support is top notch and always thoughtfully replies until the issue/question is resolved. 

In short, I finally have multiple winning strategies and knowledge to buy CALL and PUT options and know exactly what my risks are.  This is an EXCELLENT program, and I am very glad that I joined.”

Ross Givens
Editor, Stock Surge Daily

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