Hey, Ross here:
Yesterday, I presented my analysis of the S&P 500 – and why I believe it will keep moving higher this year.
As I said, the bull market is in full effect.
Today, let’s see how even Wall Street has consistently underestimated the strength of this bull market – at least publicly.
Chart of the Day
Nearly nine months ago, the Wall Street banks released their price targets for the S&P 500 for the end of 2024.
Today, with just over three months left in the year, the S&P 500 is 6% higher than their highest price target…
And over 35% higher than their lowest price target.
There’s a reason I’ve been banging the drum on this bull market for so many months now…
And why I keep telling you not to get swayed by the doomsayers.
Because here’s the truth…
Many of these bears – even those on Wall Street – don’t believe what they’re saying themselves
Insight of the Day
Wall Street’s “price targets” are almost intentionally designed to lead you astray
I used to work at JP Morgan, the most bearish bank on the chart.
If they truly believed the S&P 500 would hit 4,200 by the end of the year – which would be a major market crash – they would be furiously shorting the market.
I promise you that’s not what they’re doing.
A lot of times, these bearish price targets are just a way for them to create opportunities for themselves by trying to manipulate market sentiment.
It’s sneaky, underhanded – and 100% par for the course for Wall Street.
That’s just how the game is played. It’s not an equal playing field at all.
Certain groups like the Wall Street banks have immense advantages retail traders don’t.
Another group with a powerful edge in the markets? The corporate insiders.
These greedy insiders don’t hesitate to use their inside intel to trade their own company stock.
That’s what allows us to exploit their inside edge for our own profit.
That’s why later this morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will show you exactly how to position yourself alongside the best of these insiders.
The insiders have such a powerful advantage that my insider strategy hasn’t had a single losing year – even during the 2022 bear market…
And it’s generated a compounded return of 1,900% since inception.
So, if you haven’t done so already, make sure you click here to lock in your spot for my live insider masterclass later today…
Where I’ll show you:
- What compels these insiders to buy…
- Why so many traders fail when trying to follow these insiders (not all insiders are worth following)
- And the 3 most powerful – yet counterintuitive – insider buying signals you must know about to be successful
The login details will be in your inbox shortly.
See you at 11 a.m. ET later today. Don’t be late.
Customer Story of the Day
“My experience with Traders Agency has been for a little over a month now. My experience trading stocks is very limited but is something I’ve tried several times in my life with no success and I am currently 70 years old.
I include all this background so someone reading has some context to my opinions. I am impressed with the techniques and strategies used at TA and the education members are given on an ongoing basis.
The education side has enlightened me far more than any previous studies I have done over the many years.
I feel more prepared to make stock trades and how to limit risks while doing so. I’ve had two occasions to contact support at TA and was promptly assisted and really do count as a member.
Thank you to Ross Givens and the rest of the folks at TA.”
Ross Givens
Editor, Stock Surge Daily
