Hey, Ross here:
Welcome to a new trading week.
Last week, the S&P 500 closed flat.
But the “hidden” pullback is still happening.
Chart of the Day
This is the Equal-Weight S&P 500 (RSP), which treats all stocks as if they have equal market caps.
It’s been steadily declining since the start of the month…
Has fallen below its 21-day moving average (blue line on chart)…
And is on the verge of moving below its 50-day moving average (red line on chart).
This is the “hidden” pullback most traders are missing – because they’re only paying attention to the market-cap weighted indexes that are being pulled up by the Magnificent 7 stocks.
This is also why the Nasdaq closed higher last week.
So the question is – what’s the best way to play this pullback? I explain below.
Insight of the Day
The “narrower” the bull market, the more targeted our trades need to be.
Right now, the trend is the market-cap weighted indexes still doing fine while the equal-weight index is deteriorating.
This is what we call a “narrow” bull market, where the indexes are rising but broad participation is missing.
It’s nothing new – we’ve seen it happen a few times since the bull market began over two years ago.
So we can just follow the playbook we did back then…
Which is to target the most explosive pullback stocks – a strategy that has consistently worked throughout this bull market.
And the good news is, you have the potential to do even better this time around…
Because I’ve just released my brand-new Black Edge trading system – which is ideal for exploiting this pullback.
And tomorrow morning at 11 a.m. Eastern…
I’m hosting my FINAL live Black Edge masterclass for a while…
So, if you missed the previous ones – don’t let yourself miss tomorrow’s…
Otherwise you might have to wait until next year.
This Black Edge system is incredibly powerful.
It relies on sniffing out the unethical, borderline illegal trades made based on non-public information – trades that fly right under the regulators’ noses.
That’s why when my top analyst Jean tested out this system for himself, he doubled his personal account in a month.
And why over the past several weeks, the Black Edge system has signaled gains like 317% in two weeks, 244% in nine days, and 806% gain in just six days.
So please click here to secure your spot for my Black Edge masterclass tomorrow morning…
And get the underground strategy that will allow you to start 2025 with incredible momentum.
The information I’ll be sharing in the masterclass is more than enough for you to start using this strategy for yourself.
So again, don’t miss it.
I’ll see you at 11 a.m. ET tomorrow for my final Black Edge masterclass.
Customer Story of the Day
“I’ve been an extremely happy customer for over a year. I’ve doubled my money and would have made more money had I not ventured off and did my own thing. (a learning experience, but much wiser now).
I signed up with the deluxe package that includes 1) Insider Effect 2) Alpha stocks, 3) Fire Trader, and 4) Stealth Trades. Ross and his team send out alerts of when to buy and sell different stocks based on different criteria. They make it easy no matter what your experience is.
There are also plenty of easy-to-follow trading videos that go over different strategies and must take actions such as setting an automatic stop loss to ensure that you never lose a ton of money (like I did in the past).
There are also very useful ‘indicators’ (plug-ins) to the TradingView charts that are exclusive to membership. The one I like the most lets me see which sectors are rising and tanking, so that I can buy winning stocks in sectors that are on the rise.
Every week, the Stealth Trade session holds a webinar that lasts at least 60 minutes that explains different strategies and goes over different stocks. Ross is very generous with his time and I always learn a lot from these. TA’s tech support is top notch and always thoughtfully replies until the issue/question is resolved.
In short, I finally have multiple winning strategies and knowledge to buy CALL and PUT options and know exactly what my risks are. This is an EXCELLENT program, and I am very glad that I joined.”
Ross Givens
Editor, Stock Surge Daily
