Home » Why $5.5. Trillion = More Stock Gains Ahead

Why $5.5. Trillion = More Stock Gains Ahead

Published July 18, 2023

Hey, Ross here:

And here’s an actionable trade idea to start the day.

Chart of the Day

Shopify (SHOP) is emerging from a beautiful Stage 2 base.

SHOP is up more than 100% since the start of the year – a clear sign this is a market leader.

Notice how volume is higher on the rallies up and lower when the stock pulls back. This is a subtle clue that buyers are in control and the smart money is building a position.

Last Thursday, SHOP broke out at 2X its average daily volume and the stock closed at the high of the candle. These are both good signs of a legitimate move.

I want to see SHOP stay above the breakout level or, at a minimum, above its 21-day moving average.

Currently, it’s doing both – making it a buyable opportunity.

Breaking: Big ticket investors are rushing into this $3 “AI wonder stock”

Check out how to join them right here.

Insight of the Day

With $5.5 trillion in cash sitting on the sidelines, the best gains of the year are still to come.

Considering how well the market has done this year so far, you might think that the amount of cash sitting on the sidelines would have dwindled by now as investors jump into stocks.

Well, you’d be wrong – because there is now a record $5.5 trillion in cash parked in money market funds.

Sure, not all of this will flow into stocks.

Some will stay in money markets and others will go toward debt securities.

But as the market rally keeps going, I believe it is inevitable that a significant portion of this will flow into stocks.

It’s just human nature – most cannot resist joining a rally (nor should they).

That’s why I’m even more optimistic for the second half of 2023 than I was in the first half.

Even though my strategies have already captured recent gains like:

I believe the biggest and fastest gains are still to come.

That’s why later today at 12 p.m. Eastern, I’m going LIVE to demonstrate my top strategy for capturing these future gains.

So click here to save your seat while there’s still time…

And I’ll see you at 12 p.m. ET sharp.

Don’t miss out any longer.

Ross Givens
Editor, Stock Surge Daily

Stocks within Article - SHOP

Market, Stock Charts, Stock Market, stocks, Stocks to watch, Surge Stock Indicators

Even Bill Gates himself has said that generative AI has “peaked” and that the next version of ChatGPT won’t be much better than the current version.

So where will the next wave of AI innovation – and profits – come from?

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.

STOCK SURGE DAILY

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.

Recent Posts

Réjean Roberge

November 28, 2023

I'm a new member of 'Insider Effect' and sent a support email and was responded to within minutes. It starts very well.

Philippe Rocher

I'm happy I recently opted in to the Ross Givens's Trading Club at Traders Agency (at the best and fairest offer I could possibly get). I'm new to trading U.S. stocks and options on a regular basis but it doesn't matter, Ross does all of the hard work for me while I'm trading at my own pace (he knows how to trade successfully most of the time and I know that I won't win every trade. Fair enough). He and his great team share a lot of their trading experience in live sessions. Great job. Thanks a lot!

CB Tudor

November 20, 2023

Excellent, very educative and honest service! Worth every penny and more.

Jay Herpick

November 11, 2023

I've found your buying of stocks and options very helpfull. Just wish I had found you folks five years ago. Your friend, Jay H

Ned Ewing

November 6, 2023

I've been working with Ross Givens and have learned a lot. Support has been very helpful and on top of response times. :)

donald macdonald

October 23, 2023

Great session! Ross explains everything well!

Jim Bowen

October 10, 2023

I started with Ross Givens and Trader's Agency GOLD in September of this year and have had some significant success on all but one of the trades he suggested. I have actually made 157% in profits over what I paid to join Traders Agency within my first 30 days. I am no stock expert and I want to know more about how to invest in the market. Ross's videos and strategy sessions are very insightful, and you can chat during the sessions to get his feedback. He's got all the tools at his disposal and has set up some good algorithms in order to help one understand the chaos and fundamentals to watch for in order to make a good investing decision. I have had other investment "helpers" that never yielded what I have within such a limited amount of time. I think Ross, and his team, is the "Real Deal"

Andrew O'Boyle

September 20, 2023

I have been a member of Traders Agency for 3 months. Ross is the real deal! I could not be happier with my results! Thank you Ross and the Traders Agency Team! I found my passion :)

Philip McElroy

September 14, 2023

World Class customer service and I would am really qualified to make this statement.