A month ago I released a video predicting the stock market rally would end by Labor Day weekend.
A similar incident occurred back in 2000 when the dot-com bubble ended. Back then we saw a rally last through the summer, followed by a sell-off after Labor Day weekend — right when everyone thought the market would hit new highs…
And I think that’s exactly what we’re looking at now — the opening phase of a correction, perhaps a steep one that will take months to play out.
Tech stocks led our recent rally and now represent a good chunk of both the S&P 500 and the Nasdaq… That means the money flow is going to start looking something like this.
And while you still have time to set your sights on stocks outside the tech realm, I also expect a snap-back rally to hit the markets soon… Maybe even in the next two days.
P.S. Have you ever heard of Alpha Trades?
They’re a group of under-the-radar stocks that have stored up enough power to score you triple-digit gains in less than 24 hours!
Here’s the kicker: There are four different Alpha Zones staged throughout the year. That’s where the vast majority of these 24-hour trades hide. And the next Alpha Zone is coming up real soon…
1 Comment
Hi Jeff: Thanks for your advice and what a beautiful dog you have. Looks like that’s what we should be doing.
Just relax with some cash and wait for the right moment..