Hey, Ross here:
Yesterday’s downward benchmark payrolls revision was the largest in over 10 years.
That’s even more justification for the Fed to cut…
And yet, markets barely reacted…
Meaning that rate cuts – or at least a 25-point cut – is likely already “priced in”.
If you’re looking at the popular tech sector to deliver a big move, you may end up disappointed.
Meanwhile, take a look at the money pouring into this sector.
Chart of the Day
That’s Oracle – a multi hundred-billion dollar company – spiking by 35% in a single day after releasing its latest earnings report…
Where the company unveiled new cloud contracts related to AI demand.
It added nearly $250 billion in market value in one day…
And also catapulted Larry Ellison’s net worth past Elon Musk – with his net worth jumping nearly $100 billion in a day.
That’s just how powerful these earnings moves can be.
Let’s look at another large-cap tech stock that also released earnings yesterday – Synopsys (SNPS).
That’s a 36% single-day drop – almost the mirror opposite of what happened to Oracle.
That’s the power of these earnings moves.
The thing is, it’s pretty risky to trade on these moves because no one really knows how they’ll play out.
Well, except for one group of traders that is.
I explain more below.
P.S. Inflation reports, Fed rate cuts, huge stocks moves – this market moves fast. And if you’re not ahead, you’re behind. Text the word “trade” to 87858 and make sure you never miss an edition of this newsletter again.
Insight of the Day
The corporate insiders love earnings season – because it allows them to trade on these big moves.
Last Friday on September 5 – just a few days before SNPS’ 36% post-earnings crash…
Its CFO, Shelagh Glaser, sold $2.23 million worth of SNPS stock.
Coincidence? In this specific case, we’ll never know.
But after studying thousands upon thousands of these insider trading patterns over the years, I can tell you one thing for sure…
Corporate insiders are ABSOLUTELY profiting off their insider knowledge.
It’s just a matter of finding out which trades are true “insider trades”…
And which ones are just routine buying and selling.
After so many years studying these trades, I’ve come up with a specific checklist to gauge whether insider activity is true “insider trading” or not.
Most traders who blindly follow these insiders don’t have this checklist…
Which is why they end up crashing and burning trying to follow these insiders.
But that won’t be you…
Because tomorrow, Friday September 12, at 11 a.m. Eastern…
I’m going LIVE to demonstrate exactly what to look for when following this insider activity…
So you can go after gains like 520% on REZI, 1090% on CDLX and 1,787% on MDTR.
The “insider buying” criteria I’ll show you tomorrow is the difference between those who know how to successfully follow the insiders – and those who fail.
So click here to secure your seat for my live briefing tomorrow…
And I’ll see you Friday at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
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
“I recently attended my first Ross Givens live session, it was very educational.
He encouraged questions and shared valuable insights that I applied immediately. He has a deep understanding of the stock market and explained his analytical methods in a way that was easy to grasp, even for beginners.
All of his trading strategies were presented with real-world current examples.
I walked away much more confident in my ability to analyze stocks and make informed investment decisions. Highly recommended!”
Ross Givens
Editor, Stock Surge Daily
