Kamis, 23 April 2020

Signs of a Bull Market?

April 23, 2020

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Money & Crisis

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Signs of a Bull Market?

Graham SummersDear Money & Crisis Reader,

There's a saying: "In bull markets, stocks don't sell off on bad news."

I mention this because the latest jobs data is out and it's horrific.

Another 4.4. million Americans have filed for unemployment, bringing the total number of new unemployment cases to 26 million.

These are DEPRESSION-type numbers. And yet, stocks are holding up.

The S&P 500 last peaked on April 17, 2020. Despite a rash of horrific economic data, the index has barely fallen over 5%.

Stocks are

As investors, we have to trade the markets as they are – not as we wish they were. And the market is holding up shockingly well given what's happening in the world.

Remember: "In bull markets, stocks don't sell off on bad news."

What's even more shocking is the fact that ENERGY stocks are UP more than the broader market this month.

WOW, I wish I had known about THIS 10 years ago!! (full story here)

folderNo previous experience. Limited free time. And just $200.

Yet 90 days later… he retired a millionaire.

What did he do? Why don't more people know about it? And how could you copy his results?

I promise you'll wish you had seen this 10 years ago!

You have to see this incredible secret.

The Unlikely Sector Gaining Major Momentum

That's not a typo. The Energy ETF (XLE) is up 16% while the S&P 500 is up 8% in April. And this is happening at a time when oil prices dropped to NEGATIVE $40!

Energy is outperforming

This again suggests we are entering a bull market. In bull markets, stocks don't sell off on bad news.

Also, if you compare the performance of the top performing sector (tech) to the worst performing sector (energy), you see what looks like a bottoming process.

Energy is EnergyIsOutperforming

Again, I realize this sounds crazy, but we have to trade the markets as they are, not as we wish they were. And the markets are suggesting a new bull market is starting and that energy might be a great place to invest.

I'll be digging in deeper to this in the coming days.

Best Regards,

Graham Summers

Graham Summers
Editor, Money & Crisis

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