By Jeff Clark, editor, Market Minute Last year, I stuck my neck out and predicted the stock market would crash in October of 2019. Of course, I was careful to hedge my comment, saying I could be off by a few days or maybe even a few weeks. But, my message was clear… At the time of that prediction, the stock market was trading at an all-time high. So, my advice probably seemed a little crazy to a lot of folks. Now though, considering the action in the market over the past month, preparing for a crash back then doesn’t seem so crazy. Even back in October, market conditions were eerily similar to the conditions that led to previous stock market meltdowns – like what happened on Black Monday (October 19, 1987) and during the financial crisis of 2008. I advised traders to prepare by raising cash, tightening their stop losses on trades, and maybe even adding some short exposure. Now, it took a few months longer than I anticipated, but I’m happy I stuck with my prediction. Recommended Link | You could lose everything this year… in the worst market crash since March 16 Stocks could fall by 50% in a matter of weeks, with no warning. No announcement from the Fed, your brokerage firm, or anyone else. It'll be devastating for most investors. But if you can see the crash coming early enough and know what to do – you could make $1,000s, over and over again, as it all transpires. | | - | I don’t need to tell anyone reading this what we’ve seen in the market lately. It was the quickest and harshest decline from an all-time high ever. Prospective retirees had their 401(k)s virtually cut in half as the U.S. went on lockdown. And, the future for everyday investors has never been more uncertain. That just goes to show: It’s always better to be overprepared and early… than underprepared and scrambling when things turn south. Especially when it comes to black swan events like the COVID-19 pandemic – which almost nobody in the mainstream financial media saw coming. But when it comes to this market crash, it’s not all doom and gloom. You see, market crashes actually present big opportunities for those prepared for them. It’s not just the ability to profit on short positions as the stock market falls. It’s also the chance to take advantage of quick trade setups as the technical conditions flip-flop back and forth between extremely oversold and extremely overbought territory. The stock market’s proverbial rubber band goes nuts in turbulent times. It stretches deeply into oversold territory. Then it snaps back violently, stretching just as far into overbought territory – where it sets up to snap back again. The trading opportunities are enormous, plentiful, and fast. And, my subscribers and I have so far had a great time trading them. Since the market topped out in late February, I’ve handed my readers the chance for gains of 111%, 127%, 144%, and more. Recommended Link | "Why I flew to D.C. – in a pandemic." "Recently, I went to Washington, D.C., to film an emergency broadcast. You'll have to excuse the quality of the video… You see, there wasn't much time. I wanted to get this critical information in your hands as soon as possible. In this video, I will smash dangerous myths about the coronavirus, called COVID-19. I'll also share details of 10 stocks you should avoid right now. These will be the biggest losers of the coronavirus crash. And I'll share more information on one company I think is leading the race to treat COVID-19." – Jeff Brown | | -- | If you aren’t yet trading this market, then now is the time to get started. With the right moves, you could make an entire year’s worth of returns in just a couple of weeks. Heck, you could even make back what you’ve lost so far in this crash. That sounds unbelievable, I know. But, let me share something with you to prove it… Recently a subscriber wrote to me. And what they said really stuck out. Jeff, I closed out my position today as recommended. This trade brought my trading account back to where it was before the crash. It also made up for some of the mistakes that I was making before subscribing to your service and reviewing your lessons. Thanks, and enjoy the Easter weekend! – Clayton S. What Clayton shows here is that if you’re bold enough to act when opportunities arise, you can completely mitigate the losses from the recent crash. And, stories like Clayton’s are what I want to hear from everyone involved in this market right now. It’s never been a better time to start trading. And if you use the technique that I’ve perfected over 36 years… which my subscribers enjoy now, each week… you’re likely to outperform every panicking investor out there right now. Best regards and good trading, Jeff Clark Editor, Market Minute Like what you’re reading? Send your thoughts to feedback@caseyresearch.com. In Case You Missed It… "SHEEP BRAIN-20" Pandemic Is Next Coronavirus will end. But a new "epidemic" is just getting started… It's "sheep brain" disease. And it could cause far more damage than coronavirus. "Sheep brain" is spread by the dangerous belief that government "stimulus" will solve real economic problems – with no dire consequences. Obviously, coronavirus is a serious health risk. But the $2.2 trillion stimulus plan poses an even bigger threat to your retirement savings. One independent research firm has discovered an alarming fact about the new bailouts. It turns out, politicians are dusting off an 87 year old plan developed during the Great Depression… The plan called for "unlimited" money printing as part of a radical scheme to make a more "fair and equal" society… But former congressional staffer Dan Denning says there's a darker motive… A radical faction inside the government is using the current crisis to shove through a nightmare agenda that – if successful – could end financial freedom in America. There's still time to protect your wealth. But this window of safety is closing. Go here to read Dan's in-depth presentation.
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