Hey, Ross here:
It’s been six consecutive days of gains in the broader market…
And it’s been three weeks since what I believe is the market low.
And yet, as yesterday’s latest Consumer Confidence data shows – retail investors are skeptical.
Chart of the Day
48.5% of consumers surveyed expect stock prices to be lower one year from now.
This is the highest level of pessimism since 2011.
Personally, I think this is a great sign.
You see, the average investor is pretty bad at trading stocks, which is why retail sentiment is a counterintuitive indicator.
Now, of course stocks could still go lower from here…
And I’m still expecting a lot of volatility in the meantime.
So if you told me that half of consumers expect lower stock prices a month or three months from now – I would totally get it.
But half of them expecting lower prices a year from now?
That level of bearish sentiment is completely misaligned with all the data I’m seeing…
And it tells me the bottom is already likely in.
Insight of the Day
Price moves first – belief comes later.
That’s just the nature of the retail crowd.
And it’s also why they’re frequently one step behind.
The good news is that, beyond just making them a good contrarian indicator…
It also means they’re ready to pounce when they see clear price breakouts…
Which creates the momentum that feeds the breakout further.
Of course, by the time the retail crowd joins in – it’s already too late – most of the lucrative returns have already been snapped up.
That’s why you should always position yourself one step ahead of the retail crowd…
And that’s also why later this afternoon at 3 p.m. Eastern…
I’m going LIVE to show you exactly how to do that…
By using a powerful “Profit Trigger” that could point the way to these breakout stocks at the early stages of their breakout…
Before the retail crowd joins in.
These “Profit Triggers” could have delivered gains like
- $1,072 on Urban One in seven days…
- $1,913 on Deswell Industries in two weeks…
- And a huge $2,866 on Inotiv Corp in only 14 days
But given how far we are away from regaining previous highs – gains like these could just be the start.
So click here to guarantee your seat for my live session if you haven’t yet…
And I’ll see you later this afternoon at 3 p.m. ET sharp.
Customer Story of the Day
“Ross Givens is an excellent teacher, and his trading techniques work very well. I have been with him for about one and a half years and have made excellent money.”
Ross Givens
Editor, Stock Surge Daily
