The S&P 500 is less than 1.5% away from recent highs.
The Nasdaq? Less than 2%.
Meanwhile the small-cap Russell 2000 has surged to another all-time high.
The market’s jitters are real – but they’re extremely overstated.
And yet, the effect they’re having on the “weak hands” is drastic.
Take a look at today’s chart.
Chart of the Day
You’re probably already familiar with this chart.
It’s the weekly sentiment survey conducted by the American Association of Individual Investors (AAII).
All it took was just a little bit of market jitters to swing so many retail investors from bullish to bearish.
Even though, as I explained above, we’re still spitting distance away from all-time highs.
As I’ve said before, the retail investors are the “weak hands”...
The ones that get flushed out easily.
They read the mainstream news talking relentlessly about a “bubble”...
So the moment markets dip a bit – they immediately run to the hills.
Now, again, it’s true that stock valuations are pretty high right now.
But that doesn’t mean the market is going to collapse anytime soon.
Just look at how hard it would have been to spot the top based on valuations in the Dot-Com era.
Those who decided to sit out during all those “sure-thing tops” would have missed out on huge amounts of gains.
As I’ve been saying, this party will come to an end.
But not so soon.
Stay in the game – and use this short-term fear as an opportunity.
Insight of the Day
If bullish sentiment can flip bearish so easily – it can flip back bullish just as fast too.
There are two primary emotions that drive the market – especially in the short-term…
Fear and FOMO (Fear of Missing Out).
They’re two sides of the same coin.
And retail investors in particular, tend to flip between the two in the blink of an eye.
That’s what gives smart traders the opportunity to play both sides.
Right now, here’s the play I’m seeing.
Use the fear to position yourself in the most explosive stocks…
Then, when those stocks start to rise…
And their FOMO causes them to enter these stocks (fueling their rise even more)...
You can use that to take profits along the way.
The question is, how do you identify these explosive stocks in the first place?
Well, these explosive stocks have a proven “tell”...
And tomorrow, Friday October 17, at 11 a.m. Eastern…
I’m going LIVE to show you exactly what this “tell” is – and how to use it in your own trading.
One recommendation we made using this “tell” just a week ago is now up 23%.
And it’s also allowed us to spot fast moves like this one:
And that’s just the start.
Because with so much fear in the air despite a strong market…
This is a classic setup for potentially explosive gains.
So click here to save your spot for my live reveal tomorrow…
And I’ll see you Friday morning at 11 a.m. ET.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Traders Agency is the best thing to happen to me.
This team of stock gurus has educated me and helped me start earning money in my portfolio.
Been using the methods that TA teaches for 3 months now and increased my earnings.
Shout out to the Cartier Family for having Ross on their YouTube!
This is not a get rich quick scheme, this is to educate you on how to read the market and make decisions to earn money.
Thank you Ross and team for passing on your knowledge to me.
Looking forward to what the future holds.”
Ross Givens
Editor, Stock Surge Daily
