Today I'm going to show you what my charts are signaling… what this information means… and when I believe we'll hit a bottom.
The S&P 500 formally entered a bear market last week -- ending one of the market's longest bull runs... Since then, volatility has been sky-high -- surpassing even what we saw during the 2008 financial crisis. And you're probably wondering when the bulls will come back from hibernation -- or at least when things will go back to normal. Most analysts have been hesitant to call a bottom for this sell off, but hopefully I'll be able to clarify some of that information for you. Today I'm going to show you what my charts are signaling… what this information means… and when I believe we'll hit a bottom. | |
| We finally experienced a more subdued market today, ending the day up about 0.5%. I expect this is mostly thanks to actions from governments and banks across several countries. Last night, for example, markets rallied as the Europeans Central Bank promised to enact a wave of bond purchases, pumping about $820 billion into financial markets. Here in the U.S., the Fed also announced late Wednesday their plan to establish an emergency lending facility. Both of these measures are aimed to make sure that borrowing costs remain down and that the bank's low rates can be felt throughout the economy. It looks to me like other central banks are finally following the Fed's lead, and that bodes well for the market. These measures should bring liquidity into the market and flood the economy with cheap money. Watch how the Fed is trying to ensure a booming economy for years to come. In today's video I'm also covering support levels for equities and energy markets… where I'm expecting crude oil to head… update on coronavirus epidemic… my top three NASDAQ stocks… and an important lesson on ATR. | | |
I want you to think about something… Whenever we encounter market crashes, or even bear markets like now, the average investors and traders suffer immensely. Yet, America's elite -- the wealthiest and most informed investors -- they seem to do exceptionally well… ever wonder why that is? That's because America's super-wealthy have secret income signals that they've been hiding from us… until now. We got Roger Stone to reveal the trading secrets of America's elite, but we have to take the page down tonight. Click on the button below now to get this time-sensitive information. | | Miss what happened today in the markets? I've got you covered...
| | |
There is a very high degree of risk involved in trading. For our full disclaimer, visit here. | |
Unsubscribe Wealthpress Holding LLC 12276 San Jose Blvd Suite 518 Jacksonville, Florida 32223 United States | |
0 Response to "When will the bulls come out to play?"
Post a Comment