By Jason Bodner, editor, Palm Beach Insider If you ask a person on the street, “Is the stock market going up every day?” I’d wager that most would say yes. After all, that’s the story the media is running with. Every day, the talking heads gush about stocks hitting all-time highs and how the market is impervious to any negative headlines. - “Goldman Sachs is crushing it as booming markets trump Main Street turmoil” – CNN
- “It’s a Confirmed Bull Market, Which Stocks Will Lead the Way?” – Yahoo Finance
But have stocks really been rising day after day? I don’t see it that way. There’s more to this market than meets the eye. That’s why I don’t rely on the media to tell me how the market’s behaving. I turn to my “unbeatable” stock-picking system to clue me in to what’s really going on. And today, I’ll show you the real reason the market is going up… and the moves you should be making today to take advantage of it… | Recommended Link | The 1-Day Profits Summit [URGENT INVITE] Tech Millionaire Jeff Brown is putting it all on the line. He has agreed to film a first-ever Biotech Masterclass. This 100% free event will give you unprecedented access to the biggest biotech story in America right now... in one day, a small cap could start to soar up to 1,000%. Thanks to a mandate from a $2 trillion federal govt. agency. Don’t wait on this rare millionaire-making opportunity. | | | | Tech Is Dragging the Market Higher To understand what’s going on, we have to go back to the start of the summer… On June 8, I predicted that a sell-off could be around the corner. I pointed to the unbelievable amounts of Big-Money buying in exchange-traded funds (ETFs). ETFs offer broad exposure to the market. So Big-Money activity in ETFs is a strong proxy for the market. And when Big-Money buying in ETFs reaches extremes like we saw back in June, it’s a sign retail money (mom-and-pop investors) is also pouring into stocks. And mom and pop are usually the last to arrive at the party. So that’s usually a signal that the top of the market is near and that lower prices would be expected ahead. Now, what’s happened since then? Aside from a massive single-day sell-off, stocks have appeared to grind higher. But if you dig deeper, you’ll see that’s not exactly true. Take a look at how the major indexes have performed since June 8: - S&P 500: 0.05%
- Dow Jones: -3.83%
- Russell 2000: -4%
- Nasdaq: 5.82%
All of them are negative or nearly flat – except for the Nasdaq, which has climbed higher. You see, the other indexes include stocks from a wide range of sectors: like industrials, discretionary, and healthcare. Meanwhile, the Nasdaq is weighted heavily toward tech – and it’s crushed the other indexes since the start of summer. So just a handful of tech stocks are pushing the market higher. Also, tech stocks carry a lot of weight within these indexes. If Apple goes up and Chipotle goes down – all things being equal – it’s likely the market indexes will go up. That’s because Apple’s $1.7 trillion market cap is 53 times larger than Chipotle’s $31 billion market cap. As a matter of fact, I went back and dug into the data to see how many stocks had the strongest buy signals over the last six months. And guess what? About 56% of them were technology stocks. 
That just goes to show you the Big Money’s been concentrating their bets on tech… But the media would have you think that everything is going up. My prediction in June, that a downturn was coming, was actually right. With Big Money tailing off, the other three indexes are tailing off with it. It just doesn’t appear that way because of Big Money’s rotation into tech stocks. So, what does that mean for us now? | Recommended Link | | Shocking 47-Second Demonstration (potential 60x gains at stake)
What this millionaire does in the next 47 seconds will give you the chills. It involves a $1,400 top-of-the-line 5G phone… a hammer… and a $2.7 trillion tech secret. You need to see it for yourself… because if you watch this demonstration and take the steps this gentleman recommends, you could see up to 30 to 60 times your money… in months, not years. | | | -- | A Sell-Off Is on the Horizon The market’s been in overbought territory for about 10 weeks now. The longest it’s been that way is 13 weeks. So all signs point to another downturn in the near future as the Big Money slowly trickles out of the market. But that doesn’t mean it’s time to panic. It’s time to be patient, sit on some cash, and wait for better prices that are just on the horizon. I wouldn’t advise buying into these levels right now. But if stocks continue to go higher, we’re surfing the wave and enjoying the ride. Patience and process! Jason Bodner
Editor, Palm Beach Insider P.S. Remember, my system does more than just track Big Money’s moves in the broad market. It also flags the individual stocks that Big Money is piling into. By riding Big Money’s coattails, we’ve already seen triple-digit winners like The Trade Desk, SolarEdge Technologies, and Veeva Systems. And once the next pullback comes, it’ll tell us the next outliers that could see huge gains. I’ve put together this special presentation to show you all the details of how it works. Check it out right here. 
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