Hey, Ross here:
Welcome back to a new trading week.
Thanks to the weak jobs data, retail sentiment is being depressed…
And if you read the headlines, you can see a lot of doom-and-gloom being pumped out about the all-important “US consumer”.
But take a look at today’s chart.
Chart of the Day
This is XRT, the SPDR S&P Retail ETF.
It’s a fund that tracks the performance of over 90 companies across a broad range of retail segments – from apparel and automotive to electronics and food.
And as you can see, on Friday, it just hit a new all-time high…
Even as the popular tech sector – represented by Technology Select Sector SPDR Fund (XLK) below – has continued to grind lower for the past few weeks.
There are two lessons here.
First is to always be skeptical of the clickbait fear mongering the media loves to dish out – and to look at the objective price data instead.
And the second is that, just because a leading sector is faltering…
Does NOT mean the entire market is.
That’s just a classic rotation – and it’s a major source of opportunities.
I elaborate below.
P.S. Tomorrow evening, I’m releasing my next edition of 2 Trades in 2 Minutes. It’s completely free – but you have to text the word “trade” to 87858 to get it sent to you as soon as it’s released.
Insight of the Day
The most lucrative opportunities come before a market rotation is complete.
Sure, tech has been the dominant market leader for a while now.
But that doesn’t mean that it has retained its market leading position during the entire bull market.
We’ve seen multiple rotations happen during this bull market.
Most of them have gone completely ignored by the financial media – who only know how to talk about tech stocks.
But every time even a minor rotation happens, the “smart money” is there to aggressively exploit the opportunities created by a rotation.
The catch is that the best opportunities happen before a rotation is complete, when things are still shifting.
That’s the “sweet spot”…
And I believe we’re in one now.
That’s why tomorrow, Tuesday September 9, at 11 a.m. Eastern…
I’m going LIVE to show you how to target the same rotation opportunities as the “smart money”…
So you can go after gains like 77% in 21 days, 51% in 15 days, and 87% in 24 hours.
The average trader is too focused on the tech sector to notice all the opportunities under the surface…
The ones the “smart money” are jumping on right now.
After my presentation tomorrow, you’ll know how to align yourself with the “smart money”.
So click here to secure your seat for my live session Tuesday…
And I’ll see you tomorrow 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
“Dear Ross,
Christian here from Durban, South Africa. I discovered you through Turley Talks which I am an avid follower of.
I find your programs thoroughly informative yet made very simple, highly professional and your approach amazingly accommodating.
I look forward to putting to great use the knowledge and understanding of trading dynamics I am garnering through your program.
Many thanks & God Bless!”
Ross Givens
Editor, Stock Surge Daily
