Yesterday was a great day for stocks, but we are not out of the woods yet.
It looks like we’re in an uptrend here. And this morning the market is red as it tests the lower trendline. If this holds, we should start the next leg up to 3,250 today or tomorrow. If it doesn’t hold, then selling will hit in a big way and we can expect a drop back down to 2,900.
Healthcare (IYH) stocks suggests we should continue higher.
IYH is leading the overall market higher, which suggests much of the last week’s collapse was due to fears of Bernie Sanders and his insane policies (Medicare for all for $50 TRILLION) as opposed to coronavirus.
Which means… a MONSTER rally in stocks, with a V-shaped recovery bringing the markets to new all time highs.
Indeed, the long-term chart for the S&P 500 tells us 3,600 or higher is coming this year alone.
My clients are already making a KILLING from the market rebound. And by the time stocks hit 3,600 we’ll have made absolute fortunes.
After all, what are the odds President Trump is going to let his beloved stock market go down the toilet during an election year… especially when he is going to win in a LANDSLIDE.
I DO NOT care about politics. You can hate President Trump or you can love him. That’s 100% up to you.
But the reality is that under the Trump administration the stock market is giving us a once in a lifetime opportunity to GET RICH from our investments.
My clients are already doing this with our new special report titled…
The MAGA Portfolio: Five Investments That Will Make Fortunes During Trump’s Second Term.
In it, I detail five HIGH OCTANE investments that are primed to EXPLODE higher when President Trump wins a second term.
In it, I detail five unique investments that I expect will produce the most extraordinary gains during President Trump’s second term.
Each one of these investments is in a unique position to profit from the combination of Trump economic reforms and Fed monetary easing, combining high growth opportunities with extreme profitability.
We are offering this report exclusively to subscribers of our e-letter Gains Pains & Capital. To pick up your copy please swing by:
Chief Market Strategist
Phoenix Capital Research