Let’s start the day by looking at another chart that contradicts a lot of the “doom and gloom” narrative the clickbait media loves to peddle.
Chart of the Day
This chart shows the average revenue growth rate for S&P 500 companies for the second quarter.
Right now, quarterly revenue growth is coming in at 10.8% – the highest since the fourth quarter of 2021.
On a yearly basis, it’s 5.2% – the highest since the fourth quarter of 2022.
Like I keep saying – don’t allow yourself to get sucked into all the fear…
It’ll just cause you to lose out on the gains still to be had.
Insight of the Day
Any mismatch between sentiment and fundamentals is an opportunity that can be exploited.
Earnings are one of the most fundamental drivers of stock prices.
Yes, sentiment matters – a lot.
But when there’s a mismatch between the two, there’s an opportunity that can be exploited.
And later this morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will show you how to exploit this opportunity…
By following the “insider money” into the select stocks that could shoot up while sentiment is still low…
And while the other traders are sitting scared on the sidelines waiting for the market to fully recover.
These corporate insiders know more than any analyst about what positive news could be coming down the pipeline for their own companies…
Which is what makes following the right insiders so powerful.
One stock this insider strategy pinpointed at the end of July is now up over 60%...
And as the recovery picks up steam, gains like this could just be the start.
So, if you haven’t yet, make sure you click here to lock in your slot for my LIVE insider masterclass later this morning…
Where I’ll show you:
- 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…
- And the 3 counterintuitive insider buying signals you must know about.
The login details will be in your inbox shortly.
Again, don’t let the fear cause you to leave money on the table.
See you in a bit at 11 a.m. ET – do try to login earlier if you can.
Ross Givens
Editor, Stock Surge Daily
