Hey, Ross here:
Markets closed higher yesterday, so here’s a long trade idea to start your day.
Chart of the Day
Palo Alto Networks (PANW) is a true honey badger. It does not seem to care whether the general market is going up or down.
The stock jumped 40% to start the year and has taken only a small pause at the highs to digest this big advance.
When the market pulls back like it did in February, you want to look for the stocks like PANW that are resisting the decline.
PANW actually went up last month and has held at its highs even through the banking crisis that took place over the last week and a half.
If this stock can break out to new highs, it could be worth taking a long position.
Insight of the Day
Look past the non-stop headlines about the “banking crisis” and the Fed’s next move – toward all the opportunities below.
What the Fed does this week is important – no doubt about it. And yes, the shockwaves rippling through the global banking system will also no doubt be a factor in their ultimate decision.
So it’s no surprise that these topics are dominating the financial news headlines and capturing investors’ attention.
But remember – attention is finite. While you’re paying attention to all this news, you’re paying less attention to all the opportunities lying beneath the surface. And that’s where your attention should really be going.
I’m sharing many of these opportunities right here on this very newsletter. But if you’d like to skip the line and get a hold of these fast-moving opportunities before you see them here – click this link to become a member of my Stealth Trades Gold service.
We’re extending our St. Patty’s Day special – meaning for a very limited time, you can get a full year for just $0.99 – an absolute steal.
Embrace the surge,
Editor, Stock Surge Daily
P.S. I’m speaking at the online Wealth365 Summit next month, together with a host of the leading trading and investing minds.
We’ll be sharing some truly contrarian and effective strategies for attacking this market. And the best part is – it’s 100% FREE (that’s right). Just follow this link to register.