Hey, Ross here:
Let’s look at a chart that shows just how divided the market has been this year – and how we can use that to our advantage.
Chart of the Day
This is a chart showing the difference between the number of stocks making new highs vs. the number of stocks making new lows – interlaid with the S&P 500.
As you can see, over 1,000 more stocks made new lows than new highs yesterday…
And when the net difference is in negative territory, the S&P 500 tends to be falling (and vice versa).
The high number of net new lows tells me it isn’t yet time for the bull market to resume.
But as the Insight of the Day shows – we can still take advantage of it.
Insight of the Day
There are always stocks making new highs – even if the rest of the market is making new lows.
Right now, there are far more stocks making new lows than new highs.
When this starts to flip, our field of opportunities will also widen.
But just because there are more stocks making news lows doesn’t mean there aren’t any stocks making new highs…
Which proves that opportunities are always available no matter what kind of market we’re in.
Remember, market leaders tell the story of what’s to come for the broader market…
And if the broader market is in a final flush lower before the bull market can resume…
Then many market leaders could be about to hit their “mini bottoms”, pivot, and take off right after.
That means you don’t have to wait for the bull market to resume…
You can target the market leaders and go after big gains NOW.
That’s what the best traders in the world do – and what you can do also.
That’s why I’m going LIVE today at 4 p.m. Eastern to show you my top strategy for spotting the market leaders that could be about to pivot and take off…
All while everybody else is worrying about the broader market.
And I’ll see you at 4 p.m. ET sharp.
But again, be sure to save your seat by clicking the link above…
Because I expect the room to fill up fast – and I don’t want you to miss it.
Editor, Stock Surge Daily