Hey, Ross here:
Welcome to a new trading week.
Some feel the market has been “stalling” – so they’re hesitant to act.
Not me. In fact, the market just triggered a Power Trend – setting the stage for a summer rally.
The Power Trend is a concept developed by Mike Webster and Charles Harris during their time at Investors Business Daily, and it can be applied to any major index like the S&P 500.
Here are the rules that trigger a Power Trend:
- The low is above the 21-day EMA for at least 10 days
- 21-day EMA is above 50-day SMA for at least 5 days
- 50-day SMA is in an uptrend
- Index closes up for the day
The chart above shows a Power Trend kicking off last November. We all know what happened after that – the market running like a banshee with almost no pullbacks
A new Power Trend was triggered one week ago on Tuesday.
These trends are rare. In fact, this is only the third one we have seen in the last five years.
And if history repeats itself, we could see something like this over the next few months:
Of course, nothing is guaranteed in the markets. But this is when I want to be invested in the highest-potential stocks.
Insight of the Day
The biggest returns always come at the beginning of a trend
As traders, we’re not trying to catch the exact bottom. It’s just too risky.
We want to see a clear trend forming first.
But the moment we see that clear trend, we should act fast…
Because the biggest returns always come at the beginning of a trend – and we don’t want to miss it.
That’s why in just a few hours at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will allow you to position yourself in the exact same stocks as the top corporate insiders.
With a new Power Trend kicking off, these “insider” stocks have the highest potential to take off even higher and faster than the market…
Because they have specific hidden catalysts that only the insiders themselves know about.
So, if you haven’t already, click here to lock in your spot for my insider masterclass later.
And watch out for the login info in your inbox shortly.
After the masterclass, you’ll know:
- Where to find the “master list” of these little-known insider trades…
- How to filter out the “low-signal” insider buys from the “high-signal” ones…
- And the “must-know” criteria for identifying a top-performing insider (plus which insiders to avoid).
I’ll also highlight an opportunity that just popped up on my radar – so don’t miss it.
Let’s play this Power Trend together.
See you in a bit at 11 a.m. Eastern.
Ross Givens
Editor, Stock Surge Daily
