Hey, Ross here:
The market can surprise even the best of us – never forget that.
But at the moment, my analysis shows that the bull market is in full effect.
Chart of the Day
This is the price action for the S&P 500 over the past six months with my technical analysis overlaid.
Overall, it’s been very constructive.
We had a tightening wedge that eventually concluded the summer rally, with natural profit-taking forming a series of shallowing pullbacks against the all-time highs.
We had the Japanese Yen shock at the end of July, but the market quickly bounced back.
Then, after last week’s upside reversal following the CPI report and Wednesday’s 50 basis point rate cut by the Fed, the market broke out into new high ground on heavy trading volume.
There are several key support levels I’m monitoring that also inform my overall analysis – and they’re all holding up nicely.
For now, the data tells me the bull market is still in full effect.
Insight of the Day
The best move right now is to stay 100% long.
As long as the bull market stays in full effect, I’m 100% long only.
I’m not going to even think of shorting the market.
And unless my key support levels are violated, I’m going to treat any pullbacks as buying opportunities, because the market will likely rebound fast.
But I don’t want to just go long on the broad index and settle for average bull market returns.
As traders, we’re always moving toward outperformance.
And one of the best ways to outperform even a roaring bull market is to position yourself ahead of big news coming down the pipeline.
The only way to do this is by leveraging inside information.
That’s why tomorrow, Tuesday morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will show you exactly how to use these insiders to position yourself ahead of big news.
You see, these company insiders don’t hesitate to use their inside intel to trade their own stock…
And we can use that info to position ourselves right alongside the best of them.
This is such an incredible trading advantage.
That’s why my insider strategy hasn’t had a single losing year – even during the 2022 bear market…
And why it’s generated a compounded return of 1,900% since inception.
Look, if you’re content with average market returns, tomorrow’s masterclass is not for you.
Buy and hold an index fund and call it a day.
But if you want something more…
And if you don’t want to wait years for it to compound into something significant…
Then you’ll equip yourself with proven edges – like leveraging the insiders’ unfair advantage.
And you’ll click here to save your seat for my live masterclass tomorrow morning at 11 a.m. ET.
My team will send you the login details before it starts tomorrow – so keep an eye out for that.
Customer Story of the Day
“I started with Ross Givens and Trader’s Agency GOLD in September of this year and have had some significant success on all but one of the trades he suggested.
I have actually made 157% in profits over what I paid to join Traders Agency within my first 30 days.
I am no stock expert and I want to know more about how to invest in the market. Ross’s videos and strategy sessions are very insightful, and you can chat during the sessions to get his feedback. He’s got all the tools at his disposal and has set up some good algorithms in order to help one understand the chaos and fundamentals to watch for in order to make a good investing decision.
I have had other investment “helpers” that never yielded what I have within such a limited amount of time. I think Ros, and his team are the “Real Deal”!”
Ross Givens
Editor, Stock Surge Daily
