Hey, Ross here:
The past couple of days I talked about how the breakout in the Equal-Weight S&P 500 Index and the small-cap Russell 2000 could form a broad base for this bull market to keep going.
Today, let’s look at another factor that could add more fuel to this market – rate cuts.
Chart of the Day
On June 24, I posted this chart of the Equal-Weight S&P 500 index.
As of last week, the markets were pricing in the Fed cutting rates by 0.50% – two 0.25% rate cuts – by the end of the year.
But now, the market is pricing in 0.65% in rate cuts – close to three 0.25% rate cuts.
Of course, since the Fed moves rates by a minimum of 0.25% we will never see a 0.65% rate cut. It’ll either be 0.50% or 0.75%.
The point here is that markets are now expecting higher rate cuts this year.
This is a good sign.
But as I explain below, you don’t want to wait for the rate cuts to happen.
Insight of the Day
The market is forward-looking – meaning anticipated rate cuts will lift the market before they actually happen.
If you wait until the rate cuts, it’ll be too late.
The big buyers – the institutional “smart money” – know that all too well.
They’re going to be positioning themselves before any actual rate cuts happen…
And that’s the actual opportunity we want to be going after.
That’s why later this morning at 11 a.m. Eastern…
I’m going LIVE for a new masterclass that will allow you to position yourself along these big buyers…
So that you can use their “buying pressure” to pocket big profits for yourself.
I developed a unique indicator that scans for this “buying pressure”…
An indicator which could already have had you up over 135% in less than two months.
So don’t miss my masterclass later, which will show you:
- How to detect when buying pressure is building up in a specific stock…
- Why most traders are blind to this buildup of pressure (and miss out on big gains)…
- And how to use my “PSI Gauge” to determine the exact point to jump into one of these “pressurized” stocks for maximum gains.
If you haven’t done so yet, click here to guarantee your seat for my live masterclass later…
And watch out for the login details in your inbox shortly.
I’ll see you at 11 a.m. ET – please login early if you can.
Ross Givens
Editor, Stock Surge Daily
