Hey, Ross here:
And let’s start the day in the best way possible – with an actionable trade idea.
Chart of the Day
Dynatrace (DT) is a software company developing intelligent platforms that allow customers to modernize and automate IT operations.
Their secret sauce? You guessed it… artificial intelligence.
Now only has the pullback been shallow (only 6% from its highs), it took place on decreasing volume.
The stock is currently breaking through its $52 pivot point – making it an actionable trade.
I just picked up a few hundred shares last Friday with a stop loss at $49.80 to risk just under 5% on the trade.
Insight of the Day
The time to position yourself is before major market-moving catalysts.
The June CPI report will be released tomorrow.
Obviously, it’s a big one. Investors will be looking at it to deduce whether the Fed will actually make good on its promise to hike rates more this year.
I’m seeing a lot of data – such as used car prices – that points toward tomorrow’s inflation report coming in cooler than expected.
This will be good for the market – and great for certain stocks.
The time to position yourself in these stocks is right now.
That’s why I’m going LIVE right this instant to show you my top strategy for spotting these stocks (the same strategy that just delivered a 14% win in under 24 hours last week).
So click here to join me in the live room now…
And get ready to watch your account inflate – instead of struggling with inflation.
Ross Givens
Editor, Stock Surge Daily
