Hey, Ross here:
This rally is following a classic stop-start pattern – and that can unnerve some people.
So, let’s look at a chart which shows what we can expect till the end of the year based on historical precedent.
Chart of the Day
This is a chart showing the cumulative movement of the S&P 500 in years where it was up at least 10% in the first half (like this year).
And while this year hasn’t tracked the cumulative movement exactly, it’s fairly close.
The sideways movement/decline from August to October, followed by a year-end rally – that’s what’s happening now.
So, even though this rally may look a little iffy on a day-to-day basis…
Take comfort in the fact that, over the slightly longer term – history is on our side.
Plus, there’s also the trillions parked in money market funds – cash sitting on the sidelines – that could come pouring back into the market as the rally gains steam.
We’re still in a good spot.
Insight of the Day
Even though the rally may be proceeding on a stop-start basis, this is not the case for certain individual stocks.
Just like how select stocks continued to rise even amid the falling market of August to October…
There are stocks out there right now that are racing ahead of the rally – and completely ignoring its stop-start pattern.
These are the stocks you want to target…
Stocks which have a special “X-factor” that could allow them to surge far higher than the market.
That’s why I’m going LIVE right now to show you my strategy for identifying these “X-factor” stocks.
Because one of the stocks this strategy could have alerted you to last week is now up nearly triple the S&P 500…
And this is just the start.
See you inside.
Embrace the surge,
Editor, Stock Surge Daily