And it could cost you a thousands.
What a week! We are in full-on BULL mode. Just check out these headlines: - S&P 500 inches higher to another record close, capping fifth-straight weekly gain -- CNBC
- Dow and S&P 500 hit new record on trade deal optimism -- CNN
- S&P 500 posts fifth week of gains as Wall St. hits records -- Reuters
What could be more bullish than markets hitting all-time highs, right? I'd agree with that statement, if it were true. Unfortunately, stocks are NOT near all-time highs. Not even close. The Dow and S&P 500 indices, which only track the very largest stocks in the U.S., are at record-highs. But the broader market — which includes thousands of stocks not in those indices — have yet to breakout. In fact, only about 50% of all stocks are even about their 200-day moving average. And small-cap stocks — which tend to lead the market — are doing even worse. I expect the market to stumble soon. Perhaps a 10%-plus pullback before New Year's. Especially now that one of my favorite indicators flashed a warning sign. That's why it's critical you learn about this currency and gold strategy now. It's designed to make money in any market because the trades are completely uncorrelated to stocks. I regularly alert these trades to a small group of traders. And they've been killing it lately… but it's also proven to work long-term: It's delivered a 3,845% return since 2012. You can execute this easy-to-follow strategy in the same brokerage you use to buy stocks and options. Sign up here to get my next alert. Roger Scott P.S. I'm not the only one that questions this rally. Wall St. and large institutional investors, aka "the smart money," haven't been buying into this rally. You can tell by the amount of volume in the market... we just had a big move to the upside and hit record highs, yet volume was weak. That's bearish! Now is the time to use this lucrative strategy that could save your portfolio. |
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