It was another choppy day in the markets with more “he said she said” on tariff policy.
For the recovery to truly pick up steam, we’ll need to see it rise above the April 9 candle.
Chart of the Day
This is the Nasdaq Composite, and as you can see since the big up day on April 9, the market has traded within the candle’s range.
Never lower – but also never higher.
The market will need to break above the upper level of this candle for it to gain true momentum.
Right now, it’s still kind of “stuck” in the middle.
There are long opportunities out there, but we have to be very selective…
Because we can’t rely on broader market momentum to carry us through – not yet at least.
The good news?
We’re in that specific time of the year where we don’t have to rely on broader market momentum.
I explain more below.
Insight of the Day
Earnings season is the best chance to make gains that are uncorrelated to the broader market.
Take a look at what just happened with TSLA.
On Tuesday evening, it announced its first-quarter results…
And they were absolutely punishing, with net profit down a staggering 71%.
Normally you would expect results like that to tank a stock.
But instead, TSLA jumped over 5%.
Sure, TSLA’s case was unique to its own situation – the bump was likely because Elon Musk said he would be allocating most of his time to the company again starting May.
But this kind of counterintuitive earnings results happen all the time – regardless of market conditions.
And the people best positioned to profit from them?
The company insiders.
That’s why following their footsteps is so powerful.
And that’s why later this afternoon at 3 p.m. Eastern…
I’m going LIVE to show you how to use their inside advantage to target smaller, largely-ignored stocks that could make big moves during earnings season.
It’s how I spotted Matador Resources before it released its bombshell earnings report that caused its stock to surge 155% in just 3 weeks…
And an astounding 1,787% over the next two years.
With the market lacking strong momentum, this earnings season strategy is absolutely critical to know.
So click here to confirm your spot for my live strategy reveal if you haven’t yet…
And I’ll see you later this afternoon at 3 p.m. ET sharp.
Customer Story of the Day
"I like Ross's overall simplicity of teaching. He explains what would be considered "insider information" in detail.
This is a good investment. I have made money using his program. I feel he is very honest, and that means everything to me!.”
Ross Givens
Editor, Stock Surge Daily
P.S. Planning to attend on a mobile device? Save time by downloading the app now so you don’t miss a second of the action!
