The recovery from the early-month selloff has been very impressive.
Like I said all through the selloff, there was no cause to panic.
And if we run into weakness again – here’s the likely cause.
Chart of the Day
September and October have historically been one of the weakest periods of the year for the market.
This played out last year, before the market blasted off in November.
Of course, market cycles don’t repeat – but they rhyme.
Last year, August was a negative month for the markets.
This time around, it’s looking positive.
Still, be prepared for short-term weakness on the horizon.
If and when it hits – don’t panic. Realize that it’s most likely just seasonal weakness.
I explain what to do if that happens below.
Insight of the Day
During periods of market weakness, focus on catalysts in individual stocks.
When the entire market is weak, broad momentum stalls – and trend traders falter.
That’s why the best move during these periods is to focus on catalysts in individual stocks.
Take for example, Nvidia – which will be releasing its latest earnings after the market closes today.
That earnings release is a major catalyst for Nvidia – and there will be traders on both the winning and losing sides of this.
Of course, everybody is looking at Nvidia earnings – it’s a very crowded trade.
But there are many other similar trades out there – trades that could be way more lucrative thanks to them being in much smaller stocks.
Take a look at this one.
This is a tiny chemicals manufacturer shooting up 38% in 3 days after I recommended it last Thursday.
The catalyst for my recommendation was unusual activity by the corporate insiders.
These insiders know more about their own companies than any analyst, which makes it one of the most powerful catalysts I know.
That’s why later this afternoon at 3 p.m. Eastern…
I’m going LIVE for a masterclass that will give you the exact playbook for implementing this insider strategy in your own trading right now.
If you have this strategy in your arsenal, you won’t have to worry if the market falters in the next two months…
Because you’ll be focusing on these powerful catalysts in individual lesser-known stocks.
So, if you haven’t already, click here to guarantee your spot for my live insider masterclass later this afternoon…
And get ready to discover:
- How to access the database containing the records of all these insider trades…
- The subtle yet dangerous mistakes traders make when trying to follow these insiders…
- The 3 counterintuitive insider buying signals you must know about…
The login details will be in your inbox before the masterclass starts.
See you at 3 p.m. ET later.
Ross Givens
Editor, Stock Surge Daily
