Hey, Ross here:
Welcome back. Hope you’ve pleasantly gorged yourself on turkey (with all the fixings) yesterday. And of course, spend quality time with your loved ones.
Today is a shortened trading day, with the stock market closing at 1 p.m. Eastern instead.
But I just wanted to quickly share a chart that once again reinforces why we’re in a good spot.
Chart of the Day
Here’s a quick table showing the performance of the various indexes 12 months after the Fed’s final rate hike.
And as you can see, barring the exception that was the Dot-Com bust, markets were solidly up every time.
The Fed’s final rate hike this cycle was likely back in July – at the current 2023 highs…
Meaning if the historical pattern plays out as normal, we’re likely to cruise past those levels – perhaps even going past the 2021 highs.
As I’ve said before – history is on our side. So let’s make sure we take advantage of it – and not wait too long.
Insight of the Day
Waiting for price action confirmation is intelligent. But waiting too long will cause you to miss the big move.
We’re not bottom pickers, which is statistically a losing game.
We’re breakout traders – and that requires a certain degree of price action confirmation before making our move.
But if we wait too long, we’ll miss the big move entirely.
It’s a fine line to walk. And it’s the difference between successful breakout traders and failed ones.
My strategies – which have all crushed it this year – are all designed to help you walk this fine line without stumbling.
Because breakouts are happening all the time – and even more so in rising markets like the one we’re in now.
And since today is Black Friday…
I’m going LIVE right now to showcase my BEST sale all year for my premium breakout strategies.
I’m talking about a ridiculous 70% discount on strategies that could have you exploiting one big stock breakout after another.
If you thought 2023 has been a good year for my strategies…
I believe it’s about to get much MUCH better…
Meaning NOW is the perfect time to put these breakout strategies to work – AND you can get them now at the best “entry” price you’ll see all year.
And put yourself in the BEST position to make the most profits from the market going forward.
See you inside.
Embrace the surge,
Editor, Stock Surge Daily