Stock Market

Hey, Ross Givens here! Even though the Nasdaq slipped a bit yesterday, I saw something very bullish beneath the surface. The New New Highs indicator printed green—meaning more stocks hit new highs than lows. That kind of divergence often signals hidden strength in the market. And if you look closely at the chart, you’ll spot something even more telling. I break it all down in today’s Insight.

Hey, Ross Givens here! Even though the Nasdaq slipped a bit yesterday, I saw something very bullish beneath the surface. The New New Highs indicator printed green—meaning more stocks hit new highs than lows. That kind of divergence often signals hidden strength in the market. And if you look closely at the chart, you’ll spot something even more telling. I break it all down in today’s Insight.

Hey, Ross Givens here! Global fund managers still haven’t bought into this rally. Despite the sharp rebound in U.S. stocks, the latest data shows they remain underweight heading into May. That tells me there’s still a mountain of institutional money sitting on the sidelines—money that could flood back in and push markets even higher. I break down what this means for us in today’s Insight.

Hey, Ross Givens here! The Nasdaq just rallied 20% off its April lows—in exactly 23 trading days. That’s got a lot of folks screaming “too fast” and “overbought.” But when I looked at the data, I found this kind of speed isn’t unusual at all. In fact, 23 days is the median recovery time after past bear market bottoms. So don’t let the noise shake you out. I break it all down in today’s Insight.

Hey, Ross Givens here! Nearly 60% of S&P 500 stocks just hit 20-day highs—a clear sign of short-term strength. But here’s the part that really matters: this kind of strength often leads to sustained gains over the medium and long term. Yes, we could see some pullbacks, but unless tariffs throw a curveball, the odds remain in the bulls’ favor. I break down what this means—and why too many bears are still lurking—in today’s Insight.

Hey, Ross Givens here! I’ve kept a close eye on the National Financial Conditions Index (NFCI) because it tells me how much money is flowing through the system. And right now, it’s moving in the right direction. Financial conditions have been loosening steadily since I called the April lows—great news for stocks. Historically, the NFCI moves inversely with the market, and if this trend continues, we could be in for a lot more upside. I break it all down in today’s Insight.

Hey, Ross Givens here! Even after the sharp rally off the April lows, Goldman’s Equity Sentiment Indicator shows most investors are still lightly positioned in U.S. stocks. That tells me there’s still a massive wall of money on the sidelines—and it’s just starting to come back in. This kind of setup can keep a rally alive far longer than people expect. I break down what it means and how I’m playing it in today’s Insight.

Hey, Ross Givens here! After the China trade deal announcement, markets gapped up and closed strong—pushing the S&P 500 and Nasdaq back above their 200-day moving averages. That’s a big deal. As Paul Tudor Jones once said, “nothing good happens below the 200-day.” We haven’t seen this kind of strength since March. If we can hold above this line, even without new highs, the setup looks very constructive. I break it all down in today’s Insight.

Hey, Ross Givens here! I look at today’s chart as a market breadth scorecard—tracking how many stocks sit above key moving averages. Short and medium-term trends look strong right now. Sure, long-term breadth still has work to do… but if you wait for everything to look perfect, you’ll likely miss the biggest upside. I explain why acting early matters in today’s Insight.

Hey, Ross Givens here! Analysts just trimmed S&P 500 earnings estimates by 2.4% for Q2—more than usual, but not exactly doomsday stuff. We’re in the middle of a trade war, so some pullback makes sense. But here’s the kicker: earnings cuts like this didn’t stop the market from rallying in Q4 last year—or in 2023. Don’t buy the fear. I explain why the data tells a different story in today’s Insight.