Hey, Ross here:
This newsletter is focused on stocks.
But sometimes, we can look to other asset markets for clues and insights we can carry over to the stock market.
So today, let’s look at what Bitcoin versus gold can tell us.
Chart of the Day
This is the size of BlackRock’s Gold ETF (black line) versus its Bitcoin ETF (red line).
As of a few days ago, the size of its Bitcoin ETF has surpassed that of its Gold ETF.
And considering how much Bitcoin has been ripping lately, it’s likely this gap has only widened in the past few days.
Remember, for all the talk of Bitcoin being “digital gold” – it is still a highly speculative asset.
Gold, on the other hand, is the most traditional safe haven asset there is.
When the market speaks, you listen.
And what the market is telling us – it’s heavily risk-on.
Ride the wave.
Insight of the Day
Natural “digestion” periods will always feel like a stalled rally
You know that stocks don’t go straight up.
You know that markets need time to digest big moves.
And you know that consolidation periods during strong rallies are not only normal – but healthy.
And yet, even knowing this, whenever a blistering rally enters a consolidation period, it always “feels” like the rally has stalled.
The mainstream media plays a big role in this, bombarding us with headlines talking about the “rally losing steam” and “where will we go from here”.
It’s all clickbait crap.
As you’ve just seen, risk appetite continues to surge…
Meaning this consolidation period is an opportunity to position ourselves at better prices before the next leg up.
Take advantage of it while you still can.
That’s why tomorrow morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will allow you to target the most explosive stocks before the next leg of this rally resumes.
The key is using my unique “buying pressure” indicator to detect stocks that the biggest buyers are quietly building positions in.
When the next leg of this rally continues, these are stocks that will likely shoot up the most.
That’s why you could have already used this indicator to bank fast gains like 95%, 92% and even 362% this year alone.
In tomorrow morning’s live masterclass, I’ll show you:
- How to detect when buying pressure is building up in a specific stock…
- Why most traders are blind to this buildup of pressure (and miss out on big gains)…
- The formula for determining the exact point to jump into one of these “pressurized” stocks for maximum gains.
So click here to save your spot for my LIVE masterclass tomorrow morning…
And I’ll see you at 11 a.m. ET tomorrow.
Don’t wait for the rally to resume – act now.
Customer Story of the Day
“Dear Ross,
Christian here from Durban, South Africa. I discovered you through Turley Talks which I am an avid follower of.
I find your programs thoroughly informative yet made very simple, highly professional and your approach amazingly accommodating.
I look forward to putting to great use the knowledge and understanding of trading dynamics I am garnering through your program.
Many thanks & God Bless!.”
Ross Givens
Editor, Stock Surge Daily
