Home » The Market’s “Profit Formula” is Now Clear

The Market’s “Profit Formula” is Now Clear

Hey, Ross here:

It’s not just the trading week that’s behind us, but the month of May and the second quarter of 2023 to boot.

With that in mind, let’s look at some evidence to counter the still-pervasive bear market narrative.

Chart of the Day

The above is a simple line chart of the S&P 500.

Each of those four white circles represents the closing price on the last day of the previous quarters.

As you can see, the S&P 500 has been steadily closing higher and higher each quarter. We now have three consecutive quarters of solid market growth.

Is this something you’d expect to see in a bear market?

I don’t think so. 

Sure, the market is still very volatile. But the trend seems clear.

And when these two mix – you get opportunity.

P.S. Would you like special trade prospects and potential market moves sent directly to your phone? Text the word ross to 74121.

Insight of the Day

High volatility + a clear trend = opportunity.

The clear market trend we’re seeing tells us which way to bet – long.

Meanwhile, the high volatility causes many pullbacks along the way – creating attractive entry opportunities we can exploit.

I’m excited – and you should be too.

I’m sharing plenty of these opportunities right here on this very newsletter.

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So, just like how good traders know how to pounce on an opportunity before it disappears…

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Embrace the surge,

Ross Givens
Editor, Stock Surge Daily

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Ross Givens
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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