Hey, Ross here:
And today’s chart is an important reminder of why only looking at the surface of the market blinds you to what’s really going on.
Chart of the Day
Last Thursday, the Nasdaq closed at a new all-time high.
And yet, there were almost zero new Nasdaq stocks hitting new 52-week highs.
The market externals can tell you one thing, while its internals can be telling you another.
Always look at both to see the complete picture.
So let me explain what I’m seeing in the Insight of the Day.
Insight of the Day
Even once the market resumes its uptrend, we have to be much more selective when picking stocks.
We’ve entered a much more uncertain market – what with rising geopolitical tensions and lack of clarity surrounding future rate cuts.
The market can – and probably will – still keep going up after any pullback.
But, as today’s chart shows, we must be just as selective when that happens as we are during the pullback.
Otherwise, we risk blindly positioning ourselves in stocks that not only won’t outperform the market – but may even underperform.
That’s why, in just a few hours at 11 a.m. Eastern later today…
I’m going LIVE for a masterclass that will allow you to be extremely selective – by targeting the stocks that the top insiders are also buying.
This is an extremely powerful strategy, as these insiders often have the ability to buy right before the stock takes off – regardless of what’s happening in the markets.
I’ll show you everything you need to know to implement this strategy for yourself…
As well as highlighting a red-hot opportunity this strategy just alerted me to.
Do not miss this – not in this market.
Click here now to guarantee your seat at my masterclass later…
And my team will send you the login details before it starts.
See you at 11 a.m. ET sharp.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
