# Back Above the 200

Canonical: https://stocksurgedaily.com/back-above-the-200/

Hey, Ross here:

Shortly after this newsletter gets sent out, we’ll get the latest CPI data.

If it comes in hotter than expected, it could put a real damper on the strong price action we’ve been seeing lately.

The level I’ll be watching?

Whether the S&P 500 and the Nasdaq will be able to hold their 200-day moving averages.

**Chart of the Day**

![](https://stocksurgedaily.com/wp-content/uploads/2025/05/AD_4nXcR-dpJPFzMyo9MzvHMid05oEHXcT1JDohTf6rgEe-jgvl8SBfCVgAFjc_o69-1hkCjnxauc72Bl1pTcR0JPZ1YtxxMfQ5rBy0ku76eCKclOsbzDy72WLjh5tZQ4AsNoTgdaP-sUg.png)

After yesterday’s announcement of a trade deal with China, markets gapped up and closed higher, with the S&P 500 closing above its 200-day moving average _(red line on chart)_.

The same thing happened with the Nasdaq.

![](https://stocksurgedaily.com/wp-content/uploads/2025/05/AD_4nXctqIsSo7BMOZ5D2ksODEAUGOOoXt80WB0NLRyc-9MuGM1UtXTcXjPjudz8Z6yggSfEKEJp8p1kGDcwN8dOqwkv7oqhyLFLvX_LzNN-qY6TBNq-FyACYBhWfyo9I8LB0sctPQsrzQ.png)

Paul Tudor Jones has a famous quote – _“nothing good happens below the 200-day moving average”_.

This is the first time the markets have been back above this critical level since March.

If we can stay above this line – even without hitting new highs – things are looking really constructive.

**Insight of the Day**

**We’re now in a news-driven market cycle**.

As I just highlighted above, price action is important.

But as the past few months have shown, we’re now in a highly news-driven market cycle.

If President Trump comes out today and reinstates tariffs on everyone, the market will tank again – no matter how strong the price action has been.

And the thing about news-driven cycles like this…

Is that it gives those with superior information and even greater edge than they normally do.

That’s why **[in just a few hours at 11 a.m. Eastern later this morning…](https://secure.tradersagency.com/insider/?tambid=29575&id=TA29744)**

I’m going LIVE for a strategy session to show you how to navigate this news-driven cycle…

So you can uncover the biggest opportunities hiding under the surface.

Remember, _everyone_ has access to the same news headlines…

Which means if you’re relying on that to trade, you’ll always be a step behind.

What I’ll be demonstrating later this morning is all about how to get ahead of the markets by using information the rest of the market _doesn’t_ have access to yet.

So **[click here to lock in your spot for my live strategy session if you haven’t already…](https://secure.tradersagency.com/insider/?tambid=29575&id=TA29744)**

And I’ll see you in just a bit at 11 a.m. ET.

**Customer Story of the Day**

_"Traders Agency is awesome._ 

_I have motored through multiple online high-brow investment people with their proprietary methods and none match the insight, supportive instruction and explanations of the vagaries of stock trading as I find with Ross Givens."_

Embrace the surge,

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

**Ross Givens**  
Editor, _Stock Surge Daily_