Hey, Ross here:
Bull market leader Nvidia just hit a $4 trillion market cap – the first company to ever do so in history.
Bitcoin briefly hit the $112,000 mark yesterday, notching a new all-time high for the crypto.
And yet, as you’ll see below…
There’s more money than ever on the sidelines.
Chart of the Day
The Nasdaq just hit new highs…
But there’s still $7.4 trillion parked in money market funds – the highest level in history.
This proves there’s plenty of “dry powder” left to keep the rally going.
We can see this from other data sources as well.
Retail investor sentiment has actually decreased from last week (based on the weekly American Association of Individual Investors’ survey)…
Implying that more of them are now out on the sidelines.
Meanwhile, while the bears have been screaming about “overvaluation”…
Forward earnings estimates for the S&P 500 companies have been steadily increasing to hit new all-time highs.
And as I showed you earlier in the week, market internals are looking very healthy.
In short, this rally has the juice to keep going.
I expect this bull market to last for another six months at least.
Don’t get scared out.
P.S Missed this newsletter before because of your crowded inbox? Just text the word “trade” to 87858 and that will never happen again.
Insight of the Day
Not all buyers on the sidelines are created equal.
I talk a lot on this newsletter about the importance of institutional buying…
Because that’s the “big money” that actually moves markets.
Institutional buyers coming off the sidelines are a major signal.
But there’s one other group of buyers you should be paying attention to.
I’m talking of course about the corporate insiders…
High-ranking executives – including CEOs – blatantly exploiting an SEC loophole to trade shares of their own companies.
The right kind of insider buying is a huge signal.
The insiders have been fairly quiet these past few weeks.
But now, I’m seeing evidence that they’re starting to come off the sidelines.
And that’s why tomorrow, Friday morning, at 11 a.m. Eastern…
I’m going LIVE to show you how to spot the “right kind of insider buying”…
The kind that signals the highest-probability of big moves ahead – moves like 771% in 2 months… 157% in 2 weeks… and 321% in 2 days.
I’ll show you what to look for when insiders buy – as well as what to actively avoid.
So click here to save your seat for my live insider presentation tomorrow morning…
And I’ll see you Friday, July 11, at 11 a.m. ET.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Ross and the Traders Agency team are trustworthy.
I watched from the sidelines for several months, before joining. My wife was still skeptical after I signed up.
But now, after a month in, she sees the gains I am getting and she’s becoming much more optimistic. This is important to me, because I have signed up for other services that didn’t work.
Ross’ strategy is the best (and most consistent) I have ever used. I appreciate his straightforward approach to teaching. He’s clear and easy to understand.
I currently have The Insider Effect and Alpha Stocks. I am looking forward to the future, when I can also sign up for The Black Edge and Fire Traders.
Thank you Traders Agency for helping me and all the other “little guys” out there.”
Ross Givens
Editor, Stock Surge Daily
