Welcome to a new month.
April was… turbulent, to say the least.
And yet, despite seeing some of the largest single-day drops in history…
The Nasdaq actually closed higher for the month.
Chart of the Day
The white line shows where the Nasdaq closed at the end of March.
As of yesterday’s close, it was up nearly 1% for the month – despite sinking as low as 12% from the March close after “Liberation Day”.
Plus, it also reclaimed its 21-day moving average (blue line on chart) – a gauge of its short-term direction.
Breadth has also mounted a strong recovery.
The percentage of stocks trading above their 50-day moving averages – a gauge of medium-term direction – has rebounded from under 25% to nearly 40%.
In short, the recovery looks like it has real legs…
And the lows are very likely safely behind us.
But with this good news comes a warning – I explain more below.
Insight of the Day
Things will likely remain choppy in May – so don’t expect a “straight line” recovery.
There’s an old saying in trading – “sell in May and go away”.
Is it really backed up by the data? No.
But there are enough superstitious traders out there that believe in things like this to add to all the volatility already swirling around.
Throw in the increased talk about an impending recession…
Plus seeing the true impact of the tariffs only starting to hit…
And you have a recipe for another choppy month.
I guarantee that many weak-handed traders will get “flushed out” of their positions.
But there’s one group of traders that 100% won’t…
And tomorrow morning at 11 a.m. Eastern…
I’m going LIVE to show who they are…
And why you should follow their lead over the coming months.
Following these power players could have turned you on to trades that moved 771% in two months… 157% in two weeks…and even 321% in two days.
And these trades can happen at any time of the year in any macroeconomic outlook.
I’ll explain everything tomorrow morning – including details of several new opportunities these top tier investors are piling into right now.
So click here to reserve your seat for my live presentation tomorrow…
And I’ll give you the inside scoop live at 11 a.m. ET on Tuesday.
P.S. If you’re planning on attending on your mobile, I recommend you download the GoTo app ahead of time for the smoothest experience.
Here’s the download link for iOS and the download link for Android.
Customer Story of the Day
“Ross is a great teacher! I love the family values he has, the way he explains and looks at investments.
The weekly calls are amazing and you get to learn and ask about different stocks and what patterns to look for.
In 3 months I have learned more practical investment than in 2 years reading books and stuff. Also made more money!
It is for anyone new and for anyone already good, just get on weekly calls for best experience!”
Ross Givens
Editor, Stock Surge Daily
