The 10-year Treasury yield breached the 4% mark again yesterday after a Fed governor waffled on the pace of interest rate cuts this year.
But as I’ve said, this is nothing to worry about…
Because as today’s chart shows, opportunities are always there.
Chart of the Day
Here’s another actionable trade idea from the nuclear and uranium sector.
This is NRG Energy (NRG) – one of the larger stocks in the group, with a market cap of over $11 billion.
Because of that, it is much less volatile and has shown to trend more steadily.
At the end of last week, the stock closed right at its 21-day moving average.
This has been a support level for NRG throughout this move, making this an ideal buy point on the pullback.
As of yesterday’s close, the stock has already started to rise. But there’s still time to get in.
As I said, opportunities are always there. As I explain in the Insight of the Day, you just have to know when to zoom in – and when to zoom out.
Insight of the Day
To find opportunities you have to know when to zoom in and when to zoom out.
Sometimes you have to zoom out and look at the market as a whole – such as when it could be on the verge of breaking out.
But when the market is moving sideways, like it is now – you have to zoom in and get granular.
Right now, earnings season has just begun…
Creating massive – but hyper-specific – opportunities in individual stocks.
That’s why later today at 4 p.m. Eastern…
I’m going LIVE for a masterclass on how to leverage the knowledge of corporate insiders to position yourself in stocks that could make big fast gains as they report earnings.
So just click here to reserve your seat for my masterclass later today…
Clear your schedule…
And keep a look out for the login details we’ll send closer to the masterclass start time.
Let’s profit from this earnings season together.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
