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My Favorite Kind of Uptrend

Published June 10, 2024

Hey, Ross here:

Welcome to a new trading week.

The Fed starts its monetary policy meeting tomorrow.

It is almost certain that they’ll hold rates steady – but what will have an impact is the words that come out of Powell’s mouth on Wednesday.

That could definitely cause some volatile dips in the markets, so be prepared for that.

But, let’s be clear on one thing – the trend is still very much upward.

Chart of the Day

This is how the S&P 500 has moved since November last year – with the percentage increases of each “mini uptrend” marked.

Note that most of these “mini uptrends” overlap because of the minor pullbacks that happened between them.

This is deliberate, and it shows two things.

First, there will always be pullbacks even within strong uptrends.

And second, the uptrend is still going strong…

Meaning if you get scared away by the inevitable pullbacks – or let the bears influence you too much – you’re going to miss out.

Don’t let that happen to you.

Insight of the Day

The best uptrends to participate in are the ones that aren’t obvious yet.

In the markets, if something is too obvious, then acting on it will likely only give you average performance.

But if you can spot an opportunity before it becomes obvious – that’s when you can reap superperformance…

And as traders, superperformance is what we’re after.

Right now, there are many out there who are skeptical about this uptrend. Take a peek at the mainstream news, and it’s hard to blame them.

But the truth is, this uptrend is alive and well – even if most people haven’t realized it yet.

That’s why now is the time to go after the stocks with the highest chances of handing you superperformance…

And why tomorrow morning at 11 a.m. Eastern…

I’m going LIVE for a masterclass that will allow you to uncover and position yourself in these superperformance stocks…

By using my “secret weapon” – the most powerful and consistent chart pattern I know.

I just used it to deliver a potential 21% gain in a single day last week – and I don’t even consider this a home run, just a solid single.

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

Where I’ll show you:

How this pattern looks like in individual stocks

The “must-know” rules that will allow you to instantly filter for this pattern

And where exactly in the pattern you should position yourself for maximum gains

My team will be sending you the login details before it starts tomorrow morning, so watch out for that.

I’ll see you at 11 a.m. ET tomorrow.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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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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