Hey, Ross here:
After Friday’s huge surge, yesterday’s price action failed to follow through – with all the major indexes dipping instead.
However, as you will see from today’s chart – that isn’t unexpected.
Chart of the Day
Friday’s surge was what we traders call a “90-90” day.
Over 90% of NYSE stocks were up and over 90% of all volume was stocks advancing.
The last time this happened was four months ago on April 22, and we all know how stocks performed after.
The table above shows how the S&P 500 has performed one week, two weeks, one month, three months, six months, and one year after past 90/90 days.
In case you can’t see it too well, here’s the summary.
While stocks are generally higher most of the time across all timeframes…
You can see that from the one week to one month out time frames, there are still 30–40% odds that stocks end up lower.
Of course, once we look at six months to a year, stocks are higher about 90% of the time, which lines up with what I said about how much longer this bull market could run.
But the point I’m trying to make is…
Don’t be surprised if we see the “rate cut” rally stall – or even pull back a bit.
Use that as an opportunity.
P.S. I’m dropping my latest edition of 2 Trades in 2 Minutes later today. Text the word “trade” to 87858 and get them sent to your mobile the second they’re released.
Insight of the Day
Many people will be surprised if this “rate cut” rally stalls.
I’ve just shown you there’s a decent chance we might see the rate-cut rally stall a little over the following days or weeks.
If that happens, you won’t be surprised.
But many other people will be…
Especially with so much bearish sentiment still around – particularly on the retail side.
And when one group in the market gets caught by surprise…
While another group is completely prepared for it…
There’s an “expectations gap” – an opportunity that can be exploited by the second group.
That’s why in just a few hours at 11 a.m. Eastern…
I’m going LIVE to reveal a strategy for mirroring the traders who are the absolute best at exploiting this “expectations gap”…
The corporate insiders.
While the rest of the market is trading their stocks on rumors, hearsay, and “gut feel”…
They’re legally trading their own stocks based on information that only they are privy to.
Sounds unfair, but it is what it is.
That’s why they’re the masters at exploiting these “expectations gaps”.
And after my presentation today, you’ll know exactly how to follow these insiders into potential gains like 1,090%, 520%, and even 1,787%…
Regardless if the rally continues or stalls.
So click here to lock in your seat for my strategy reveal later today…
And I’ll see you LIVE in just a bit at 11 a.m. ET. Don’t be late.
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
“Life changing! Literally.
I immediately realized within a week how great and low risk Ross’s strategies are!”
Ross Givens
Editor, Stock Surge Daily
