# What’s Beneath the Hood of This Bull Market?

Canonical: https://stocksurgedaily.com/whats-beneath-the-hood-of-this-bull-market/

Hey, Ross here:

Before we head off into the Fourth of July holiday, let’s look at a chart that shows a theme that is still very much in play right now.

**Chart of the Day**

![](/wp-content/uploads/2024/07/image-1.png)

_Source: @AndrewThrasher via X_

This chart shows how the various sectors – as measured by their respective ETFs – performed over the course of the second quarter.

As you can see, the divergence is still very much in play.

Over half of the sectors posted _negative_ returns for the quarter – even though the S&P 500 was up over 4%.

And only three sectors outperformed the broad S&P 500 index – tech, utilities, and communication services.

This divergence is only likely to continue.

What does that mean for us traders? I explain below.

**Insight of the Day**

**Divergence requires concentration**.

In a divergent market, the gains are more concentrated in a select group of stocks.

And that means we need to be more concentrated in our trading.

Focusing on the top sectors as shown above is good – but we can do better.

Because remember, the data you saw above is the _past_. We need to be focused on the future.

And that means focusing on the highest-potential stocks in the fastest-**_rising_** sectors – because that’s how we go after the biggest gains in a divergent market.

Every week, I go LIVE in my War Room session to show you exactly how to target these stocks.

And in honor of the Fourth of July, I’m running a special deal where you can get **_one full year of access to these live weekly sessions for just 99 CENTS._**

There’s no catch – just a great deal.

**[So click here to take advantage of it now](https://gamemasterinvesting.com/war-room-ai-holiday/?tambid=24875)** _(and you’ll also get all the details of my top AI-related play right now)._

Embrace the surge,

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

**Ross Givens**  
Editor, _Stock Surge Daily_