Built by Traders, for Traders

Ross Givens

Stock Trader & Educator

Is the Market “Overvalued”? (The Truth)

Hey, Ross here:

With Nvidia now the biggest stock on the market, talks about “overvaluation” and references to the Dot-Com bubble are heating up.

So, to close out the trading week, let’s look at where things are really “overvalued”.

Chart of the Day

Source: A Wealth of Common Sense

This chart shows how the price-to-earnings ratio of the Top 10 S&P 500 stocks have changed over the years versus the remaining 490 stocks.

And as you can see on the green line on the leftmost chart, the Top 10 stocks have seen their P/E ratios shoot up in recent years…

While the P/E ratios of the other 490 has remained relatively stable.

Plus, even for the Top 10, you can see their valuation is still significantly below the 2021 peaks and FAR below the Dot-Com bubble era.

In short, nothing to worry about for now.

Plus, it also reveals where most of the opportunity lies.

Insight of the Day

When the market gets too focused on the big popular stocks, the opportunity in the lesser-known ones increase.

As the valuations of the biggest stocks increase – so too does their share of investor attention.

Paradoxically, this actually leads to more potential in the smaller lesser-known stocks.

The problem is, of course, separating the wheat from the chaff when it comes to stocks barely anyone has heard about.

Because while some of these stocks will shoot up far above the market, others will go nowhere.

That’s why one of my most effective strategies is to follow the trail of the corporate insiders…

Because as high-ranking executives, they already know everything there is to know about their own companies (far more than any Wall Street analyst)

And thanks to an SEC loophole, they’re legally allowed to trade their own company’s stock.

Yes, it’s unfair. But since it’s not going to change anytime soon – we might as well take advantage of it.

That’s why in just a few hours at 11 a.m. Eastern later today…

I’m going LIVE for a masterclass that will show you exactly how to “piggyback” the best of these insider trades.

After my masterclass later, you’ll know:

  • How to access the database containing the records of all these insider trades…
  • The key mistakes people make when following these insiders…
  • And the 3 counterintuitive insider buying signals you must know about.

So, if you haven’t done so yet, make sure you click here to guarantee your spot for my live masterclass later…

And I’ll see you at 11 a.m. Eastern today (try to join the live room earlier if you can).

My team will shoot you the login details shortly, so watch out for that.

Ross Givens
Editor, Stock Surge Daily

Brand New Strategy for Profiting from AI Stocks

There’s a brand-new strategy in 2024 for going after big profits in AI stocks. It has nothing to do with Nvidia, Microsoft, Meta – or any of the big AI stocks the media can’t stop talking about.

It has to do with a fast-moving “backdoor” that has opened in the AI market... A backdoor that could send a very special class of AI stocks rocketing into the stratosphere.

Leave a Reply

Your email address will not be published. Required fields are marked *


High profit potential… strong insider activity… cutting-edge AI technology…

These are the stocks every intelligent trader and investor NEEDS to know about.

Subscribe below to get your FREE report on these stocks – plus a free subscription to Stock Surge Daily, a newsletter that will supercharge your trading potential by handing you market insights you can’t find anywhere else