Hey, Ross here:
Let’s look at what market sentiment data tells us about entry opportunities.
Chart of the Day
As of last Wednesday, 37.4% of members of the American Association of Individual Investors (AAII) was bearish.
The last time it was that high was during October 2023 – when the market had already been pulling back for two months.
And if you recall, the market surged strongly when bearish sentiment was at its peak…
A trend that’s repeatedly played out during this bull market.
There’s no sure thing in the markets…
But as I said yesterday, don’t be surprised if the market stages a rapid rebound soon.
So the question is – is it time to strike?
I explain more below.
Insight of the Day
Focus on highly-targeted, high conviction plays.
The negative sentiment above by individual traders is an encouraging sign…
But there’s still a lot of uncertainty on where the broader market is headed next – especially in the near term.
In my opinion, the best bet right now is to focus on highly-targeted, extremely high conviction plays.
The reason is because these plays can be highly uncorrelated with the broader market…
Which would allow you to “rise” above all this uncertainty – and still have the odds on your side.
And later this morning at 11 a.m. Eastern…
I’m going LIVE for a special training session that will show you exactly how to target the highest conviction plays in the market.
This will allow you to go after 2X, 4X, even 8X gains on repeat…
No matter what’s happening in the markets.
So, if you haven’t yet, click here to “lock in” your spot for this morning’s session…
And I’ll see you at 11 a.m. ET in a bit.
Act before the big inflation print comes out tomorrow.
The login info will be in your inbox shortly – try to login early if you can.
Customer Story of the Day
“Top drawer recommendations for portfolio growth and trade advice. Good for learning how to manage the bank.”
Ross Givens
Editor, Stock Surge Daily
