Right around this time of day, you’d usually see me do a stock market update or review video. But today I want to do something different.
The reason for that is easy: The market still has room for more potential downside like we’ve seen the past few trading days.
While the S&P 500 and Nasdaq look fairly strong this morning, momentum levels are declining. In fact, at the moment, only 46% of stocks are trading above their 200-day moving averages.
So in today’s video I’m giving you the best ETFs to purchase right now for safety and diversification, along with an explanation of what to expect from the market in the coming week.
P.S. I just got out of a private meeting with 20-year Wall Street veteran Adam Sarhan. He has been teaching me about a strange Alpha Line, and he just divulged why he chose today at 1 p.m. EDT to have this broadcast.
You see, he just discovered a brand-new trade that just crossed the Alpha Line…
Adam firmly believes anyone who gets in on this trade TODAY could see triple-digit returns in as little as 24 hours…
Don’t sleep on this!