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More Evidence of Strength

Hey, Ross here:

Welcome back to a new trading week.

Let’s start the week by looking at more evidence of the strength of this bull market.

Chart of the Day

Source: @BespokeInvest via X

Over 22% of S&P 500 stocks are now at 52-week highs.

Based on historical data, this is almost unanimously positive for the market.

And yet, you’ll still have people telling you that the more new highs there are, the more precarious the market is.

In fact, it’s the complete opposite.

I explain why below.

Insight of the Day

Strength begets strength – more new highs tend to create more new highs.

Remember, human psychology drives markets.

No one likes to catch a falling knife, which is why weakness tends to create more weakness.

But people love to buy into a rising market…

Which is why strength begets strength – and more new highs tend to create more new highs.

Does this mean the market will not fall ever or run into severe weakness.

Of course not – that is also inevitable.

When we see real evidence of that weakness, you’ll be the first to know, and I’ll show you how to prepare accordingly.

But until then, don’t let opportunity slip through your fingers by sitting on the sidelines.

Speaking of opportunities…

Right now, Jeff Bezos, Bill Gates, and Sam Altman are quietly funneling truckloads of cash to a different kind of AI play…

A play that’s absolutely critical for the survival of the entire AI industry.

You won’t hear about it from the talking heads.

But I’ve traced these billionaires’ money trail all the way to the end…

And I’ve uncovered what I believe could be the biggest opportunity for the next phase of the AI bull market.

Those who understand this opportunity will get ahead…

And those who don’t will get left behind.

It’s as simple as that.

So click here to get all the details about this critical AI play now.

Customer Story of the Day

“Ross is a great educator. Wish I had more time to dedicate to all of this. Looking forward to the day I don’t have to work full time so I can implement the knowledge he gives!”

Ross Givens
Editor, Stock Surge Daily

Brand New Strategy for Profiting from AI Stocks.

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

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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