Hey, Ross here:
With the S&P 500 and the Dow hitting yet another record high yesterday, you may have heard naysayers crying out that this bull market can’t possibly last.
But here’s the thing – it’s not just the United States that’s in a bull market.
Chart of the Day
The MSCI Developed World Index, which tracks the performance of stock markets across 23 developed economies, is now within 1% of its all-time high.
It’s not just America that’s in a bull market.
And even when you drill down to just the U.S., you’ll find close to 70% of stocks trading above their 50-day moving averages…
As well as the equal-weight S&P 500 also trading at record highs.
In short, things are positive – so get it while the going is good.
NOw, that’s on a broader, more macro level. On a micro level, this is a very important week that will present a concentrated level of opportunities.
Insight of the Day
Big events create volatility – which lead to opportunity.
Five of the “Magnificent Seven” stocks are due to report earnings this week – Microsoft, Alphabet, Apple, Amazon, and Meta.
Their earnings and guidance will likely move the entire market. Investors will be looking toward just how much their AI efforts have been paying off.
On top of that, the Fed also starts its meeting today, and will release its latest policy decision tomorrow.
All this is likely to create volatility – which leads to opportunity, if you know what you’re doing.
That’s why later today at 12 p.m. Eastern…
I’m going LIVE for a masterclass on how to use insider trading signals to target high-potential trades that could make big moves fast.
With all the volatility that could roil the market this week, you don’t want to miss this.
And look out for the masterclass login details in your inbox closer to the start time.
I’ll see you soon.
Editor, Stock Surge Daily