Hey, Ross here:
The bull market is officially back on track.
Take a look below.
Chart of the Day
The Equal-Weight S&P 500 Index (RSP) has just broken out to new highs…
Even as the S&P 500 and Nasdaq remain below previous highs.
This shows just how strong participation is, which we can confirm by looking at the percentage of stocks trading above their 50-day moving averages…
Which has sharply recovered back to July levels.
My proprietary Market Health Model is also flashing green…
And Fed Chair Powell has signaled the Fed is ready to begin cutting rates.
So there’s one question every trader should be asking themselves right now…
I explain in the Insight of the Day below.
Insight of the Day
The question every trader should ask themselves is – have I learned the lessons of the past?
As the saying goes, history doesn’t repeat – it rhymes.
The same goes for markets.
Bull markets run into healthy pullbacks – the weak hands get flushed out – and then the market resumes its climb again.
The rhythms are predictable – but the “reasons” are always different
One day it’s the Fed, the next day it’s the economy, and the day after it’s the yen carry trade.
The reasons don’t repeat, they’re always shifting.
That’s why so many traders have trouble learning their lesson and keep making the same mistakes over and over again.
As a regular reader of this newsletter, you don’t have to be one of them.
The bull market resurgence is an opportunity to do great while the rest of the market is doing good – so don’t waste it.
Right now, I’m seeing a spike in insider buying activity as the insiders take advantage of this resurgence…
And I want to show you how to take advantage of the insiders.
I’m going LIVE tomorrow morning at 11 a.m. Eastern for a masterclass that will show you my exact strategy for doing this.
You’ll discover:
- How to access the database containing the records of all these insider trades…
- The subtle yet dangerous mistakes traders make when trying to follow these insiders…
- The 3 counterintuitive insider buying signals you must know about…
And much more – basically everything you need to start using this strategy for yourself.
So click here to register for my live masterclass tomorrow…
But please don’t delay.
Because this strategy identified just an insider trade last Thursday – and the stock shot up 34% in just two days.
But with the bull market resurgence kicking off, this could just be the start.
Here’s the link again to save your spot for my live masterclass at 11 a.m. ET tomorrow morning.
See you then.
The login details will be in your inbox before it starts.
Customer Story of the Day
“GREAT Advice if you are a novice and not sure what you are doing, i had to save up for this but it is worth it!!! It’s one thing to have to work for money – this involves 40 hrs of your life over and over again. But it’s another thing to learn about growing it and multiplying it and changing the course of your financial goals forever.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
