Hey, Ross here:
There’s been a lot of people talking about the lack of volatility in the market recently.
They’re gauging this by the VIX – which has indeed fallen to the lowest levels since February.
But – that doesn’t mean that stocks aren’t moving.
Chart of the Day
This chart shows the percentage of Russell 3000 stocks – which represents about 96% of the US stock market – that have made at least a 20% single-day move in the past trading year.
This includes both positive and negative moves, which is why you see spikes during recessions (shaded in red).
We’re nowhere near a recession right now…
Meaning any increase in this percentage will likely be skewed to the positive side.
As you can see, this percentage is now close to the highest it’s been since the end of the 2022 bear market.
So make no mistake…
Volatility – as measured by the VIX – may indeed be muted at the moment.
But this is a market that is still full of big moves.
And now is the best time to exploit it.
P.S In this market, missing information can be costly. So don’t let yourself miss out on this newsletter – just text the word “trade” to 87858 and get it straight to your mobile instead.
Insight of the Day
The biggest moves in stocks typically happen around earnings.
Stock prices trade on expectations.
And when a company releases its earnings – these expectations are reset.
Sometimes they’re reset higher, sometimes lower.
Regardless, whenever expectations are reset – this can cause big fluctuations in price.
Now here’s the critical thing to realize.
Expectations don’t reset in a single day.
Yes, you usually see large moves the moment a company releases earnings.
But, the outsized moves are typically an overreaction.
And in the coming days – or even weeks – after a release…
These expectations reach a more stable equilibrium…
Something that itself can create major price moves.
That’s why the corporate insiders love to buy around earnings releases.
They know that many earnings moves are an overreaction.
And because they know what’s coming down the pipeline for their own companies…
They know they can use these earnings moves to snap up more of their own company stock at bargain prices.
That’s why in just a few hours later this morning at 11 a.m. Eastern…
I’m going LIVE to show you exactly which kind of insider buying you want to follow during this earnings season…
And which kind you want to avoid at all costs.
Following the right kind of insider buying has led to returns like 131%, 670%, and even 1,560%…
And after my live demo later this morning…
You’ll be able to confidently identify a high-percentage insider buy from a low-percentage one…
Automatically putting you ahead of 99% of traders attempting to trade off these insider buys.
So click here to guarantee your seat for my live demo if you haven’t already…
And I’ll see you in just a bit at 11 a.m. ET
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
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Customer Story of the Day
“Ross is clear ,concise, truthful and amazingly accurate from longtime experience. I appreciate this as I trade his recommendations”
Ross Givens
Editor, Stock Surge Daily
