Hey, Ross here:
Yesterday, I explained why the pullback is natural…
And why the smart move is to buy pullbacks – as the longer-term trajectory of the market is still upwards.
Today, let’s look at a chart that further supports the market continuing to move up in the intermediate term.
Chart of the Day
This is a chart showing demand for equity financing repo activity in black versus the S&P 500 in red.
In simple terms, investors are leveraging up their bullish bets on the stock market – and the dealers are the ones providing the financing for this leverage.
That’s essentially what the black line on the chart shows – how much leverage investors are taking on to buy stocks.
And right now, this demand for leverage is the highest it’s been since 2013.
This is just more fuel for the market to keep moving up in the intermediate term.
Stay in the game.
Insight of the Day
The sharper the pullback, the more lucrative the opportunity.
We saw this in early August, when the yen spiked and the carry trade unwound – causing the market to dip sharply.
I told readers not to panic – and sure enough, the market posted an equally sharp recovery right after.
The same pattern happened in the beginning of September…
And I told readers to buy the dip – right before the market again bounced back strongly.
Today, the same opportunity is staring us right in the face.
The sharper the pullback, the more lucrative the opportunity – just as long as the longer-term trajectory of the market is still upwards.
That’s why later this morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass to show you exactly how to target the most lucrative pullbacks…
By searching for stocks where the institutional buying pressure is quietly building up – priming them to explode higher once the rally resumes.
The secret to detecting these stocks? My unique “buying pressure” indicator.
This year alone, you could have used this indicator to scoop up fast gains like 95%, 92% and even 362%.
But considering the sharpness of this pullback, this could just be the beginning.
So, if you haven’t yet, make sure you click here to guarantee your seat for my live masterclass later this morning…
And get ready to walk away knowing:
- How to detect when buying pressure is building up in a specific stock…
- Why most traders are blind to this buildup of pressure (and miss out on big gains)…
- The formula for determining the exact point to jump into one of these “pressurized” stocks for maximum gains.
Don’t wait for the pullback to be over.
Position yourself now.
I’ll see you in just a bit at 11 a.m. ET.
Do try to login early if you can.
Customer Story of the Day
“Been a subscriber to Ross services for a few years now. Always enjoyed his weekly review meetings.
He takes time to explain why he recommends a trade, the set up, buy and sell levels.
He takes time to answer questions and gives his thoughts on trades the group asks him about. Good guy.”
Ross Givens
Editor, Stock Surge Daily
