Home » WARNING – Unequal Growth Ahead

WARNING – Unequal Growth Ahead

Hey, Ross here:

Welcome to a new trading week. Here’s where I see the market going in a single chart.

Chart of the Day

For the overall market, I remain bullish and expect stocks to move higher over the next few months.

In the weekly chart of the S&P 500 above, I’ve drawn in yellow what I expect to see,

Notice the wedging action we have seen since markets bottomed in October. This is constructive action.

Stocks have done the usual “backing and filling” to carve out a bottom and set up for the next leg higher.

P.S. Want me to send you special trade prospects and potential market moves directly to your phone? Text the word ross to 74121.

Insight of the Day

The market’s path higher will not be an equal one.

Yes, I believe the market is going to keep continuing its path higher – even with some pullbacks along the way.

But that path will not be an equal one. Some groups of stocks will do much much better than the rest.

In order to achieve above average returns, however, we must continue to focus on the best stocks in the best groups. This is where we tend to find the biggest winners.

Right now, some groups look better than others.

For example, fiber optics stocks are being massacred – but residential builders are trending upward.

My favorite trade setup, when I can find it, is a group or sector setting up in a breakout pattern and a top stock within that group setting up at the same time.

This combination of a group move and an individual stock within that group can lead to a strong advance higher.

One group that looks appetizing to me here is leisure gaming. 

Click here to see some potential winners I’ve identified from this group.

Embrace the surge,

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.

With Ross Givens

Looking for an edge? Ross has the inside scoop on top analysis that will help grow your portfolio.. Receive a new stock opportunity every day and get ready to see your investment SURGE!

Tech stocks are rallying – and Ross Givens’ #1 Tech Stock of the Decade has been making BIG moves you don’t want to miss.

Whats in the Article