It’s Time to Embrace Fear

FOMO investors could be in for a rude awakening.

Dear Loyal Reader, The Nasdaq is up 17% over the last month. Investors are piling back into tech stocks with abandon. This could be setting up the perfect opportunity with my Shakeout Profit system. FOMO, or “the fear of missing out,” is not how bear markets typically end. This looks more like the classic signs of a bear market rally. Remember — the Nasdaq rose 16% in the rally last March. It rose 22% between June and August. Both times, it went on to hit fresh new lows. Tech stocks are pushing higher against major headwinds. Many of these businesses ARE NOT profitable with rates this high. They could easily go right back down. If that happens, shakeout traders will be very happy. Market chasers won’t. Take a moment to review the opportunities I shared with you last month. After last month’s monster rally, you may not get another chance like this. Take action before tomorrow. Regards, Michael Carr, CMT, CFTe Editor, The Silicon Shakeout   (c) 2023 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096) Legal Notice The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://banyanhill.com/contact-us Remove your email from this list: Click here to Unsubscribe