Hey, Ross here:
One of the biggest “criticisms” of the current bull market is that it’s gone up “too much” – that’s it’s overstretched itself.
I’ll deal with that nonsense reasoning a bit later.
But to start, let’s look at a chart that disproves that this bull market has stretched itself too far.
Chart of the Day
The S&P 500 is up 62.6% in the past two years.
Yes, that is an incredible performance.
But as the chart above shows, it’s not that far off the course – only about 5% higher than where the average bull market is at the end of year two.
And as I’ve shown you before, the average bull market lasts much, much longer – an average of about five years.
This bull market likely still has a long way to go.
Stay in the game.
Insight of the Day
New highs tend to create more new highs – not the opposite.
Momentum is one of the strongest and most proven principles of trading.
That means new highs tend to create more new highs – not the opposite.
This is why bull markets can last for years, much much longer than most people expect.
But here’s what most people miss about momentum.
The momentum may “stall” temporarily – but it’s still there.
Many traders mistake this temporary stalling with a permanent end…
And they end up missing out, because once this momentum resumes, it typically does so stronger than ever.
You see it all the time – a stock that seems to just be moving sideways…
Suddenly exploding upwards and delivering rapid gains to those who got in when the stock had supposedly “stalled”.
That’s the opportunity.
And that’s why later this morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will allow you to spot these “stalled momentum” stocks with the highest likelihood of blasting upwards.
The key to doing this is my #1 chart pattern of all time – the FIRE Pattern.
It’ll show you precisely which of these “stalled momentum” stocks you want to target.
This year alone, you could have used it to snap up gains like 70% in 9 days, 140% in a few months, and 340% in under two months.
And with the bull market raging on, this could just be the start.
After my masterclass later today, you’ll basically have the entire playbook for using this proven chart pattern in your own trading, including:
- Exactly how to spot the FIRE Pattern in any stock
- How to distinguish the real FIRE Pattern from the dangerous “pretenders”
- The precise moment to position yourself in the pattern for maximum gains
So, if you haven’t yet, click here now to guarantee your spot for my FIRE Pattern masterclass later this morning…
And I’ll see you in just a bit at 11 a.m. ET.
The login details will be in your inbox shortly – do try to login early if you can.
Customer Story of the Day
“Ross Givens from Trader’s Agency is an awesome resource to help you with your investing needs and investing education.
I waited about three months to write this review to give myself time to see the impact on my portfolio and I have been completely satisfied.
Ross has a no nonsense, simple approach that makes it easy for all investors and he takes the time to answer all questions on a weekly basis.
Thanks, Ross and Traders Agency!”
Ross Givens
Editor, Stock Surge Daily
