Hey, Ross here:
The Fed starts its monetary policy meeting today.
Let’s start the morning with an interesting chart that shows that investors are still very much on the offense.
Chart of the Day

This chart shows the ratio of XLP – the S&P Consumer Staples ETF – to the S&P 500, since the start of the bull market in October 2022.
Consumer Staples are a highly defensive sector.
It’s where many investors rotate to when their risk appetite is low.
This means the lower the Consumer Staples sector is relative to the market – the less defensive investors are.
As you can see, the ratio between Consumer Staples and the rest of the market has been steadily declining…
With brief spikes seen during times the broader market has pulled back.
If we take a closer look at how this ratio has done in the past couple months, we see that it has continued to decline.
This was the case even throughout December, when the market was choppy.

This means, beneath the surface, investors are still on the offense.
But there’s still a big question – where are investors going on the offense?
Insight of the Day
The big question for traders – which stocks and sectors are leading?
Yesterday, I showed you how the tech sector was a clear leader in this market – even without the mega-cap stocks.
But they’re not the only sector that’s leading.
In fact, the stocks in these other sectors could have far more upside, just because everyone is so focused on tech.
Of course, that also widens the opportunity field quite a bit – so you have to know how to narrow it down.
That’s why later this morning at 11 a.m. Eastern…
I’m going LIVE to reveal my strategy for targeting these less-popular – but still leading – sectors.
Last Wednesday, this strategy spotted a stock that popped 43% overnight.
But with investors still very much on the offensive…
Returns like these could just be the beginning.
So, if you haven’t yet – click here now to “lock in” your seat for my live strategy reveal…
And I’ll see you at 11 a.m. ET in just a bit.
Remember, the Fed is meeting today – and it could be a big market-moving one.
Position yourself before then.
Customer Story of the Day
“So happy with their education & recommendation$!!!”
Embrace the surge,

Ross Givens
Editor, Stock Surge Daily