Hey, Ross here:
Although markets closed higher yesterday, they took a sharp intraday dip on rumors that President Trump was planning on firing Fed Chair Powell.
Trump actually had to come out and deny the rumor himself, which helped markets close higher.
That’s just one example of how the fear-mongering media lies to you.
And as today’s chart shows – it’s not just them.
Chart of the Day
This is the Bank of American Global Fund Manager Survey showing the average cash levels of these institutional fund managers.
As of the latest survey, the average cash level has dropped to 3.9%…
Which Bank of America says is a “sell signal”.
Except, when you overlay these so-called “sell signals” over a price chart of the S&P 500…
A completely opposite picture appears.
See for yourself below.
As you can see, if you had listened to these “sell signals”…
You would have, more often than not, missed out on some fantastic market rallies.
As I said, the media aren’t the only ones lying to you.
The billion-dollar institutions do as well.
They absolutely try to manipulate markets to swing things in their favor.
I’ve seen it first hand. For them, it’s standard operating procedure by now.
There’s only one way to fight this manipulation.
I explain more below.
P.S Stop letting the market leave you behind.Text the word “trade” to 87858 and get this newsletter delivered via SMS so you always read it on time.
Insight of the Day
When it comes to the institutions and insiders I have one rule – watch what they do, not what they say
You’ve heard the phrase “talk is cheap”.
Well, in the markets, talk isn’t just cheap…
It can be actively harmful to your trading performance.
The institutional investors… the company executives…
All their “talk” is designed to enrich one party and one party only – themselves.
That’s why my #1 rule when it comes to the institutions and insiders is to watch what they do, not what they say.
I don’t care about what’s coming out of their mouths…
I care about what’s coming out of their wallets.
I want to follow the money trail.
That’s why tomorrow, Friday July 18, at 11 a.m. Eastern…
I’m going LIVE to show you my proven method for following the insiders…
High ranking company executives exploiting an SEC loophole to blatantly trade their own company stock.
This method has produced gains like 287%, 527%, and even 1,091%.
And since we’ve just entered earnings season…
We’re now in one of the best times of the year to deploy this strategy.
So click here to join me for my insider method reveal Friday morning…
And I’ll see you tomorrow morning at 11 a.m. ET.
By the end of the session, you’ll know exactly what kind of insiders you should follow – and the kind you shouldn’t.
See you then.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Ross has been a consistent investment pro, guiding me for the past 2 years.
I’ve made a profit of $21,000 in that time frame.
His live Zoom’s are personal and profitable.
Calls them like he sees them, no BS! I’ve just upgraded to life membership.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
