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Is the Market on Shaky Ground?

Hey, Ross here:

There are many saying the market is on shaky ground.

Let’s investigate.

Chart of the Day

This is the percentage of stocks trading above their 50-day moving averages. It’s one of my favorite indicators of market breadth.

As you can see over the past week, breadth has indeed deteriorated. 

Just under two weeks ago, 61% of stocks were trading above their 50-day moving averages. Today, it’s just under 42%.

This is an observable fact.

The question is – is this something to worry about?

I answer that in the Insight of the Day.

Insight of the Day

This recent market weakness is likely to do with short-term volatility rather than any underlying weakness.

The Volatility Index has spiked over the past week.

I believe that explains most of the so-called weakness we’re seeing. It’s not a structural issue – it’s temporary.

And that means, if we’re smart about it, we can exploit this near-term weakness – instead of wringing our hands about it.

We can do that by buying stocks with individual catalysts that could send them far higher than the market once this volatility subsides…

While simultaneously taking advantage of slightly better entry prices now.

The thing is, even the best analysts can’t reliably sniff out these individual catalysts…

But the corporate insiders already know exactly what they are – and when they could hit the news.

That’s why your best bet right now is to position yourself alongside the best of these insiders…

And that’s why tomorrow morning at 11 a.m. Eastern…

I’m going LIVE for a masterclass that will allow you to do just that.

I’ll reveal:

  • Why these insiders are able to handily beat Wall Street’s finest time and time again…
  • The 3 counterintuitive insider buying signals even savvy traders miss…
  • And my specific method for tracking the best of these insider trades.

I’ll also spotlight a fast-moving opportunity that just popped up on my radar…

So make sure you click here to save your spot for my live masterclass tomorrow…

Block your calendar…

And watch out for the login details in your inbox before it starts tomorrow morning.

See you at 11 a.m. ET Friday.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

Ross Givens
Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

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