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Hey, Ross here:

On the surface, we’ve seemed to run straight into another pullback.

But as I showed you yesterday, there’s also a rotation happening beneath the market.

For instance, although the S&P 500 fell by over 1% yesterday…

More than 50% of stocks in the index still advanced.

Plus, take a look at today’s chart.

Chart of the Day

Despite the market dipping for the past few days, we’re still seeing more new highs than new lows.

That’s because a lot of the impact is being felt in the tech sector – which is where the biggest names are.

Case in point, the tech sector ETF – XLK – has dipped in the past five consecutive trading sessions.

That’s its worst 5-day performance since the April lows…

So it’s no surprise we’re seeing the impact in the indexes.

And because of this, the tech sector is also seeing the largest contraction in valuations…

Source: @Duality Research via X

Which given how frothy things have gotten this year, is actually a good thing.

And there’s one more thing you might not have noticed about this chart.

I explain it below.

Insight of the Day

The tech sector is displaying positive divergence – with multiples contracting but earnings growing.

Here’s the last chart again.

This time I want you to look at the second column of the chart above – EPS growth.

Look at the row for the tech sector.

See what I see?

Despite posting the largest contraction in valuation multiples…

Tech is also still posting the strongest earnings growth of all the sectors at over 30%.

In other words, the froth is being wiped off…

While underlying earnings are staying solid.

That’s a good thing, not a bad thing. It’s a positive divergence.

And divergences always lead to opportunity.

That’s why tomorrow, Friday December 19 at 1 p.m. Eastern…

I’m going LIVE for a FREE presentation on how to take maximum advantage of this divergence.

It involves a group of traders who are uniquely positioned to make a killing off of similar divergences… 

Which is why following their trades could have led to stock gains like 115% in less than 60 days…

168% in five months… 

234% in eight weeks…

And even 1,787% in just two years. 

I’ll break everything down tomorrow afternoon.

But what you need to do now is block off your calendar…

And click here to secure your seat for my free live walkthrough.

I’ll see you Friday afternoon at 1 p.m. ET.

P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.

iOS: https://apps.apple.com/us/app/goto/id1465614785 

Android: https://play.google.com/store/search?q=goto&c=apps

Customer Story of the Day

"I am new to the Traders Agency experience, and I have only attended a few live streams so far, but I like what I see. 

Ross is very knowledgeable and easy to understand. 

I am hopeful that his training will lead to adopting one investing strategy that I can follow repeatedly."

Embrace the surge,

Ross Givens

Editor, Stock Surge Daily