# Goodbye to the Narrow Bull Market?

Canonical: https://stocksurgedaily.com/goodbye-to-the-narrow-bull-market/

Hey, Ross here:

A couple months ago, I was talking about the “narrow bull market”.  
Today, it looks like the bull market has widened _a lot_.

**Chart of the Day**

Here’s the percentage of stocks trading above their 200-day moving average over the past one year.

![](/wp-content/uploads/2024/07/image-14.png)

Here’s the percentage of stocks trading above their 50-day moving averages.

![](/wp-content/uploads/2024/07/image-15.png)

Since the beginning of this month, those percentages have spiked.

This means participation in this bull market has been sharply increasing – and we’re no longer in a narrow bull market.

This expanding base will provide the foundation for the bull market to keep chugging on.

But here’s the question – what is it that’s causing this expansion in breadth _(and how can we take advantage of it)_?

I’ll explain below.

**Insight of the Day**

**Expanding participation means the big buyers are also expanding their buy targets**.

For too long, too much of the institutional money was just flowing to the Magnificent 7 stocks.

Now, it looks like they’re scaling back – and diversifying their buys into the smaller stocks instead.

That’s what's causing the expansion in breadth.

And the opportunity comes from tracking their trades into these smaller stocks – so we can use their money for our profit.

That’s why I developed a unique “buying pressure” indicator that tells us exactly which stocks these institutional buyers are buying…

As well as _when_ we should position ourselves in these stocks for maximum gains.

This indicator could have led you to an **over 135% gain** in just a couple months…

And with participation broadening, this could just be the start.

**[In just a few hours at 11 a.m. Eastern later today…](https://secure.tradersagency.com/alpha/?tambid=25068)**

I’m going LIVE for a new masterclass showing how anyone can use this indicator to target rapid profits in this market.

After my masterclass later, you’ll know:

*   How to detect when buying pressure is building up in a specific stock…
    
*   Why most traders are blind to this buildup of pressure _(and miss out on big gains)_...
    
*   And how to use my “PSI Gauge” to determine the exact point to jump into one of these “pressurized” stocks for maximum gains.
    

So, if you haven’t already, **[click here to guarantee your seat for my live masterclass later…](https://secure.tradersagency.com/alpha/?tambid=25068)**

And watch out for the login details in your inbox shortly..

Try to login early if you can – I’ll see you in a bit at 11 a.m. ET.

Embrace the surge,

![](/wp-content/uploads/2024/01/unnamed-12.png)

**Ross Givens**  
Editor, _Stock Surge Daily_