# Looking Through the Market Noise

Canonical: https://stocksurgedaily.com/looking-through-the-market-noise/

Hey, Ross here:

I’m writing this newsletter before the big CPI data comes out this morning.

Obviously, what the data reveals could send the market moving in either direction in a significant way.

But that doesn’t change the fundamentals below.

**Chart of the Day**

![](/wp-content/uploads/2025/01/AD_4nXeVLrZkjMS34pSAkfXK6I4PKqhF3jMSDyXSo0e-CY-b1H5Es-kw7t579XA9WDgvxm62BwBC8HkiFwSnJjzrRmP-rU7613T0Q7lUhRpf3-ncuCuNTRcyZcsotyf00WFVhau57Y43cA.png)

With earnings season coming upon us, this is a chart of the S&P 500’s estimated quarterly earnings _(gray bar)_ versus actual earnings _(dark blue bar)_.

As you can see, in the vast majority of cases – even during the 2022 bear market – actual earnings were higher than estimated earnings.

The S&P 500’s estimated earnings growth for the fourth quarter is at an impressive 11.7%.

The actual earnings growth is thus likely to be higher.

Regardless of the choppiness we’ve been seeing in the markets lately, these fundamentals still hold.

Stay in the game – just play it smart.

**Insight of the Day**

**The “smart money” loves to act when the market is the noisiest**.

With individual investors at their lowest sentiment in many months, it’s not a surprise that many of them are sitting out.

I don’t blame them at all…

But at the same time, the “smart money” – billion dollar money managers, corporate raiders, and even politically savvy, “in the know” traders – are actively making moves.

And they _love_ using the noisy market as their cover…

Especially because, a lot of the time, the kind of trades they make are less than ethical…

Trades made using information that the public does not necessarily know about yet.

In a noisy market like this one, following the “smart money” is the smartest move yet…

Which is why **[later this afternoon at 3 p.m. Eastern…](https://gettheblackedge.com/registration/?tambid=27761)**

I’m going LIVE for a presentation on the stealth signal that’s illuminating “smart money” moves down to the exact dollar amount.

This signal has been leading to gains like 347% in less than 3 weeks…

And it’s been flagging some hot new setups you want to take advantage of…

_Especially_ with the CPI report likely creating a big splash of volatility in the markets.

So if you haven’t yet, **[click here to guarantee your spot for my live presentation later…](https://gettheblackedge.com/registration/?tambid=27761)**

And I’ll see you at 3 p.m. ET today.

Don’t be late.

**Customer Story of the Day**

_“I guess I have been a newbie in the stock market for years. Buying a stock and just letting it ride._ 

_Yes, I made a little money, but after finding Ross Givens and his educational methods a few months ago, I have moved the stocks in my portfolio to ones with more potential than ever before._ 

_I am so impressed I purchased a lifetime membership and learned a new selection method daily.”_

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

**Ross Givens**  
Editor, _Stock Surge Daily_