It has now been a year since stocks hit a new all-time high.
That is correct, despite having two massive bounces, driven by tremendous Central bank intervention, the S&P 500 remains well below it all time high of 2130 established May 21 2015.
Why does this matter?
Because it greatly increases the odds of stocks entering a bear market.
———————————————————————-
The Single Best Options Trading Service on the Planet
THE CRISIS TRADER has produced an astounding 172% return on invested capital thus far in 2016.
We have a success rate of 72% meaning we make money on more than seven out of 10 trades. And thanks to careful risk management we’ve seen triple digit returns on invested capital every year since inception.
Our next trade goes out this morning… you can get it and THREE others for just 99 cents.
To take out a $0.99, 30-day trial subscription to THE CRISIS TRADER...
———————————————————————–
As Jeff Hirsch notes, going back to 1929, there were thirteen times that stocks failed to hit a new all-time high for a period of 12 months.
Of those 13, TEN TIMES (76%) stocks entered a bear market collapse of 20% or greater before beginning a major leg up to new highs.
This would mean the S&P 500 falling to 1,640 or even lower.
This whole mess feels just like the end of 2007 or the beginning of 2008 to me.
The time to prepare for this bubble to burst is now. Imagine if you’d prepared for the 2008 Crash back in late 2007? We did, and our clients made triple digit returns when the markets imploded.
We’re currently preparing for a similar situation today.
Indeed, subscribers of my Private Wealth Advisory newsletter just closed out THREE more winners last week: gains of 10%, 12% and 15% produced in just a few weeks’ time.
This brings our winning trade streak to 81 straight winning trades.
Indeed, we haven’t closed a single loser since November 2014.
81 straight winners… and not one closed loser… in 18 months.
However, I cannot maintain this kind of track record with thousands of investors following our recommendations.
So we are going to be raising the price on a Private Wealth Advisory subscription from $199 to $249 at the end of the month.
However, you can try Private Wealth Advisory for 30 days today, for just 98 cents.
If you find that Private Wealth Advisory is not for you, just drop us a line and you won’t be charged another cent.
To take out a 30 day trial to Private Wealth Advisory for just 98 cents…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
Our FREE e-letter: http://gainspainscapital.com/
Follow us on Twitter: http://twitter.com/GainsPainsCapit
