Hey, Ross here:
As expected, the Fed kept interest rates steady yesterday, with Fed Chair Powell citing sticky inflation and that he’s not in a rush to cut rates again.
And while the market predictably dipped on such remarks, it was overall fairly stable – a welcome change.
Let’s start the day by looking at how market participation is holding up.
Chart of the Day
Here’s the old favorite – the percentage of stocks trading above their 50-day moving averages.
It’s a great gauge of market participation.
As of 13 January, only 27% of stocks were trading above their 50-day average.
In just a week, that percentage bounced to 48%…
And despite Monday’s selloff in AI and chip stocks, that percentage has stayed basically the same.
In other words, most stocks have been unaffected.
Don’t let the headlines fool you.
Insight of the Day
Trump 2.0 will be a bonanza for traders with superior information.
One of the reasons the Fed opted to pause rate cuts yesterday was to wait and see how Trump’s policies would affect the economy.
Fed Chair Powell directly said “we will have to see how it goes”, stating that he has no insight into Trump’s policy decisions.
Fair enough.
But do you know who does have that privileged insight?
The politicians…
And they’re blatantly trading on such information.
Less than two weeks into Trump’s second term, several politicians have already seen their portfolios balloon.
It’s no coincidence.
That’s why tomorrow morning at 11 a.m. Eastern…
I’m going LIVE for a free training session to reveal how ordinary citizens can enjoy the same type of “inside” advantage as the cronies on Capitol Hill.
It’s all about a little-known rule buried inside the SEC’s code.
Tomorrow morning, I’m going to show you exactly what this rule is…
And how our members have used it to find stock wins of 131%, 670%, and even 1,560%.
Just click here to make sure your name is on the list for tomorrow’s free training…
And I’ll see you at 11 a.m. ET sharp tomorrow.
Customer Story of the Day
“I’ve been an extremely happy customer for over a year. I’ve doubled my money and would have made more money had I not ventured off and did my own thing. (a learning experience, but much wiser now).
I signed up with the deluxe package that includes 1) Insider Effect 2) Alpha stocks, 3) Fire Trader, and 4) Stealth Trades.
Ross and his team send out alerts of when to buy and sell different stocks based on different criteria. They make it easy no matter what your experience is.
There are also plenty of easy-to-follow trading videos that go over different strategies and must take actions such as setting an automatic stop loss to ensure that you never lose a ton of money (like I did in the past).”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
