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Range-Bound

Published September 7, 2023

Hey, Ross here:

Let’s look at a chart that perfectly encapsulates the kind of market we’re in right now.

Chart of the Day

This chart sums up the state of the markets in a single word – range-bound.

The rally in the first seven-and-a-half months was a historic one, and the market is now digesting its gains in what is a historically weak period for stocks.

I don’t expect the market to fall through the support levels…

But I also don’t think it will break through the resistance levels very soon either.

The good news is – we don’t need to let this stop us from making money.

Insight of the Day

Just because the market is “stuck.” doesn’t mean individual stocks are.

Remember, the market is the aggregate of hundreds or even thousands of stocks…

So just because the market is moving one way doesn’t mean select stocks can’t go the other way.

In times like these, we have to rely on more than just pure price action.

We have to go deeper into each individual stock to search for lesser-known catalysts that could cause their prices to make massive surges.

It’s an arduous task – but that’s just what needs to be done.

That’s why I’m going live right now to show you my exact strategy for doing just that.

The goal – targeting stocks that can make gains big enough to carry an entire portfolio.

So click here to join me in the live room now…

And let me show how you could still win.

Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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Market, Stock Charts, Stock Market, stocks, Stocks to watch, Surge Stock Indicators

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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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