Hey, Ross here:
Welcome to the middle of the trading week.
Let’s kick it off with a chart that shows why the April pullback could be coming to a close faster than most would think possible.
Chart of the Day
This is the VIX – the volatility index.
The first white rectangle is the August–October 2023 pullback, while the second rectangle is the pullback we’re currently in.
The VIX is generally inversely correlated to the stock market. You can see the VIX going up before the pullback deepens – as well as the VIX going down before the market rebounds.
After rising steeply this month, the VIX has dropped sharply over the past few trading days.
If it keeps trending down, this could mean the market emerging from the pullback faster than most thought possible.
Only time will tell. Don’t be too optimistic – but don’t be surprised if it happens either.
Just make sure you’re prepared by getting into position early. I explain more in the Insight of the Day.
Insight of the Day
Certain stocks will exit the pullback faster than the broader market.
These stocks will be rising fast even as the market continues to stumble…
And by the time the broader market recovers, they’ll be far far ahead.
These are the stocks you want to target.
But you can’t wait till after the broader pullback ends to get after them.
You have to get into position now.
And that’s why later this afternoon at 3 p.m. Eastern…
I’m going LIVE for a masterclass that will allow you to target these stocks by following the trail of the corporate insiders…
The ones who already know which direction their company stock is most likely to go.
With earnings season upon us, there’s never been a better time to use this strategy during a pullback.
So, if you haven’t already, make sure you click here to lock in your spot for my masterclass later…
And watch out for the login details in your inbox before it starts.
I’ll also be highlighting an urgent opportunity this strategy just identified, so don’t miss it.
I’ll see you at 3 p.m. ET later today.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
