$2 Stock Surges 500% Despite Market Pullback

By Ross Givens

After the big rally in November and December, markets are still digesting the move – especially with the dawning realization that the Fed may not cut rates in March.

As I said toward the end of last year, markets had become overbought, and a pullback was due.

But just because the broader market is pulling back, doesn't mean there aren't opportunities.

Just look at the actionable trade idea in the Chart of the Day.

Chart of the Day

Ur-Energy – like other names I've highlighted from this sector – also broke out on record volume last Friday.

After a beautiful uptrend from July through September that saw shares advance 77% in as many days, the stock has been consolidating for the last three months.

Friday's move to new highs could be the ignition URG has been needing to resume its rally.

While the stock has only risen slightly compared to last Friday, the fact that it’s risen shows that it's defying the broader market pullback – which is a good sign.

Insight of the Day

Market leaders can “defy” a pullback because they're ahead of the market's schedule.

It's not so much that market leaders “defy” a pullback per se…

It's more that because they're ahead of the market's schedule (hence the term market leader) – they start rising first, before the rest of the market catches up.

This means that as this pullback comes closer to ending, we'll see more and more market leaders breaking out.

I can't tell you when this pullback will end (nobody can)…

But I can tell you that we'll see more and more opportunities emerge as the pullback draws to a close.


The #1 Reason Bitcoin's Going to $165,000

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Goldman Sachs says bitcoin is going to $100,000.

JPMorgan has predicted bitcoin's long term price could go up to $150,000.

British multinational bank Standard Chartered is predicting it will hit $200,000 in 2025.

And Fundstrat's Tom Lee, pegged the upward move at $500,000 over the next five years.

They're all wrong.

I'm predicting it will go to exactly $165,000.

And it will take less than 18 months.

Why?

Because of one specific catalyst that will hit in less than two months.

I'll show you the proof right here.

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ELON’S FINAL MOVE

Elon’s new AI venture promises to create 10 TIMES MORE American millionaires than Tesla did.
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A website that shows you which stocks could soon rise by 100% or more, by typing in any of 4,000 tickers.

Today, he’s allowing me to offer you free access to the system here, as part of a major new prediction he’s making.

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Anyone can invest like “The People’s Shark” with as little as $100

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Is L.A.S.E.R. The Greatest Tech Breakthrough in History?

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Learn the 3 Steps You Need to Protect Your Retirement and One Stock that Could Soar 2,476% in Nine Months.
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One Tweet From Elon Could Blow This Story Wide Open

Last year, anyone who listened to this man about Tesla could’ve made EIGHT TIMES their money. Now he’s revealing how Elon’s NEXT big move will revolutionize ANOTHER massive $23 trillion market.
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$25 to Profit from 20,000 IPOs

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