Hey, Ross here:
The Fed is widely expected to cut rates tomorrow.
That may or may not result in a big market surge (I’ll explain later).
But in the leadup to the Fed meeting…
We can see that the market is firmly on the offense.
Chart of the Day
This shows how far away the various S&P sectors are from all-time highs.
The data is actually from the close of last week though, so it’s outdated by one day.
In fact, after yesterday’s close, the Communication Services (XLC), Tech (XLK), and Consumer Discretionary (XLY) sectors are ALL at new all-time highs.
These are the most “offensive” sectors in the market…
Meaning, these are the sectors investors flock to when the environment is “risk on”.
Those sectors are all at new all-time highs – unlike the more “defensive” sectors of the market.
Based on sector performance, we’re firmly in a “risk on” environment leading up to the Fed’s decision tomorrow.
But here’s what you need to be prepared for tomorrow…
The market may actually fall after the Fed decision.
I explain why – and what to do below.
P.S. Later this evening, I’m releasing my next edition of 2 Trades in 2 Minutes. Text the word “trade” to 87858 and get those trades sent to your mobile the second they’re released.
Insight of the Day
Priced-in expectations means that the market may actually dip after tomorrow’s decision.
The market trades on expectations.
And right now, a rate cut is 100% expected.
That means a “basic” 25-point cut could actually cause a temporary drop in the markets as traders “sell the news”.
This is especially the case if Powell’s post-decision comments lean more toward the hawkish side.
Knowing Powell, I wouldn’t be surprised at all if that happens – and you shouldn’t be either.
So again, if the market falls a little tomorrow – don’t be surprised.
But as you’ve just seen above, the market is firmly on the offense…
Meaning regardless of how the market reacts to the Fed’s rate cut tomorrow…
Now is an opportunity to position yourself in the most explosive stocks.
And that’s why later this morning at 11 a.m. Eastern…
I’m going LIVE to show you how to position yourself in these breakout stocks…
Using my powerful breakout indicator that’s spotted triple-digit gains like 177% in 11 days… 353% in just 91 days… and even 148% in 2 days.
This is the one indicator you want to have in your toolbox before the Fed acts…
So click here to guarantee your seat if you haven’t already…
And I’ll see you in just a bit at 11 a.m. ET
I’ll also be sharing the name and ticker of a top opportunity this indicator is pointing to right now – so don’t miss it.
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
“Traders Agency is awesome.
I have motored through multiple online high-brow investment people with their proprietary methods and none match the insight, supportive instruction and explanations of the vagaries of stock trading as I find with Ross Givens.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
