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The Winning Stock Formula

Hey, Ross here:

As we start a new trading week, let’s look at how the market moved last week – and my plan moving forward.

Chart of the Day

Last week was one of the strongest weeks for stocks I can remember.

The indexes performed very well. The Nasdaq gained roughly 4% and the S&P was up 2.5%.

But there were some huge movers in the areas we have been focusing on.

AI continues to be the theme of this bull market. Stocks with exposure to artificial intelligence are by and large outperforming other names.

We have been cherry picking this basket of stocks to find setups within this leading group, and the results have been tremendous. 

Another factor that helped propel stocks this week was a weak dollar.

All things being equal, stock prices tend to move inverse of the US dollar.

Note the dollar’s performance during last year’s bear market in the above chart.

Today that chart has flipped, and the USD just broke down through support.

The market has been on fire. A collapsing dollar has added diesel fuel to that fire.

Will the dollar keep falling? I don’t know. From a technical perspective, it looks to be heading lower. And news stories about BRIC nations creating their own currency and moving away from the US dollar are only making things worse.

The market is extended, yes. And we could see a pullback any day. But I plan to buy into that if it happens.

Breaking: Big ticket investors are rushing into this $3 “AI wonder stock”

Check out how to join them right here.

Insight of the Day

To find winning stocks, focus on the ones within 5–10% of new highs when the rest of the market is pulling back.

This is one of the most high-percentage trading formulas I know of.

If you’re serious about making money trading, write it down and put it somewhere near your computer so you don’t forget it.

This formula has been responsible for recent fast gains like:

And these are just a few examples among many.

So if you’re interested in using this winning formula for yourself….

Just click here to find out how to get it.

Ross Givens
Editor, Stock Surge Daily

Brand New Strategy for Profiting from AI Stocks.

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

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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