Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at TradeSmith that we found interesting. We urge you to continue reading. The stock market recently saw its fastest correction since the 2020 crash. Now a legendary fintech firm (whose algorithm helps track $30 billion and pointed to the 2022 sell-off) says a brutal “aftershock” could hit, beginning April 15. “We spend $8 million a year preparing for catastrophe,” the CEO says. Keep in mind: Their algorithm pointed to a crash as early as February 27, 2020 — as Covid was first making the mainstream news — just before the market suffered a series of its worst one-day drops in history. It also would’ve pointed to the bull market of 2019. which was the best year for stocks in two decades… It would have kept you OUT of the market in 2008… Then, it would’ve nailed the historic market bottom in 2009… And the 2023-24 bull market, nailing the turning point to within 2 months. Here’s where stocks could go next — with 83% backtested accuracy — and where to move your money now. Regards, William McCanless Analyst, TradeSmith |
0 Response to "“Aftershock” of March sell-off could hit April 15"
Post a Comment