Hey, Ross here:
The markets ended the week essentially flat after last Monday’s big drop followed by a gradual recovery after.
It’s too soon to say the selloff is over…But what is clear is that volatility has significantly calmed down.
Chart of the Day
After last Monday’s massive spike in volatility, you can see that volatility has come down significantly.
However, as you can see, we are still at levels last seen during the height of the April pullback of 2024 and the August–October pullback of 2023.
If volatility continues to come down below this level this week, that will be a good sign for the market.
If it bounces higher again – say, if this week’s inflation data comes in significantly above consensus – we may be in for another rough ride.
But don’t let this stop you from going after the opportunities still in the market.
Insight of the Day
Broad market turbulence tends to disguise independent opportunities.
If inflation data comes in hot this week, we could see more turbulence and more traders fleeing the market – at least temporarily.
This would undoubtedly dominate the headlines – making the whole situation seem worse than it really is.
But we can use this turbulence to our advantage…
Because the “earnings season” window is still open.
So sign up for my LIVE masterclass tomorrow morning at 11 a.m. Eastern…
And let me show you how to use my top “earnings season” strategy to go after all the opportunities lurking beneath the surface.
You see, the corporate insiders are still happily snapping up their own company stock…
And we can use their knowledge to position ourselves in the stocks most likely to surge no matter what happens in the broader market.
One stock this strategy pinpointed at the end of July shot up 50% in just 5 days – and it’s still up over 30%.
So click here to sign up for LIVE insider masterclass tomorrow morning…
And I’ll show you:
- How to access the database containing the records of all these insider trades…
- The subtle yet dangerous mistakes traders make when trying to follow these insiders…
- And the 3 counterintuitive insider buying signals you must know about.
Watch out for the login details in your inbox tomorrow morning.
See you then.
Ross Givens
Editor, Stock Surge Daily
