Stocks are on the ledge of a VERY large cliff.
Anytime the S&P 500 has taken out its 50-week moving average (WMA), it usually falls to the middle of its Bollinger Band, if not the 200-WMA. In chart terms below, anytime the S&P 500 takes out the red line, it drops to the blue dotted line if not the green line.

If stocks hold right here and now, then we have escaped a bear market by the skin of our teeth. If stocks DON’T hold right here and now, it’s a bear market and stocks will eventually drop another 10% if not 20%.
I’m talking about this:

What happens right now is key. If stocks hold these gains, then this recent drop was likely just a plain vanilla sell-off to take out the excess froth in the markets.
However, if, instead of holding those gains, stocks roll over and begin falling again, then we are likely at the start of a more pronounced breakdown and possibly a new bear market.
For those looking to prepare and profit from this mess, our Stock Market Crash Survival Guidecan show you how.
Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).
To pick up your copy of this report, FREE, swing by:
phoenixcapitalmarketing.com/stockmarketcrash.html
Best Regards,
- TERMINATORS: Killer robots join Ukraine’s line of defense against Russian troops
- Left calls for war in all rural areas says cops cant do nothing
- Whoa! More negative wealth effects coming down the pipe…big recession ahead
- WTF, Who Is Running Our Country?
- Percent change in home sales in total (YoY) and percent change in sales by home price level
- Fed throws Biden under the bus, says hes collapsing the country
- The Biggest Temper Tantrum In U.S. History Has Begun
- The collapse in consumer sentiment is definitive proof that social mood is rolling over. Hard. So far, the declines in stocks have been bought ALL the way down. Each rally has been shorter than the last.
- New Data Shows Massive Drop in Birth Rates After Covid 19 Vax Campaign
- Congressman Jim Jordan gets Debbie Birx to admit the truth…
Views: 4