Hey, Ross here:
Markets were (relatively) quiet yesterday.
Could this be the calm before stocks start breaking out?
Chart of the Day
Just a week ago the Volatility Index (VIX) closed over 50.
Yesterday, it closed near the 30 mark.
Since the inception of the VIX, that move from over 50 → 30 has happened four times.
Each time, it was a “bear market killer” – with stocks closing reliably higher in the months that followed.
Now, keep in mind these are just a few data points…
But it just adds to the pile of evidence that tells me the low – at least in the short to medium term – is in.
And that means we can start targeting breakouts.
I explain more below.
Insight of the Day
Certain stocks will strongly break out well before the rest of the market does.
Even before the Nasdaq went into an official bear market, a substantial percentage of its stock were already in their own bear markets – down at least 20% from their highs.
In other words, we saw certain stocks plunge well before the index did.
Similarly, we will see certain stocks break out well before the index does.
With the low likely behind us, I believe it’s time to start targeting these stocks again.
That’s why later this afternoon at 3 p.m. Eastern…
I’m going LIVE to demo my top breakout technique in this market.
This technique will show you how to detect stock “pressure points” that can send stocks skyrocketing – even in seemingly dismal conditions…
So now is the best time to put it to work again.
The entire open portfolio of this strategy is in the green right now – with double and triple-digit gains across the board.
But I believe this could be just the start.
So click here to guarantee your spot for my live session if you haven’t already…
And I’ll see you later this afternoon at 3 p.m. ET. Don’t be late.
Customer Story of the Day
“I love these guys, great technical support, best company ever.
Best teaching classes, the best system and strategies on how to start trading safely.
Ross is the best teacher ever.”
Ross Givens
Editor, Stock Surge Daily
