By Graham Summers, MBA | Chief Market Strategist
It’s very easy to be bearish about stocks today.
After all, there’s the prospect of a recession, the massive deficit ($1.6 trillion), conflict in the Middle East, the so-called AI bubble waiting to burst, and more.
However, despite all of these problems, stocks keep rising. In fact, they closed at new all-time highs just last week. Anyone who sold their holdings based on any of the above risks missed out on growing their portfolio. Anyone who panicked in April and sold their positions… or even worse DIDN’T take advantage of the drop to go long, has missed out on a LOT of money.
It’d be bad enough to do this once… but unfortunately many investors do this time and time again to the point of missing out on MILLIONS’ of dollars worth of gains.
It all stems from a lack of understanding about the stock market.
At any given time, the market’s action is determined by the decisions of millions of individuals, all of whom have “skin in the game” in the form of money. So, the market is processing literally billions, if not trillions, of pieces of information every day.
However, out of all these pieces of information, stocks usually only “care about” or focus on two or three items at any particular time. Sometimes it might be the economy. Other times it might be the Fed. Other times it might be a war, or a President’s actions (or tweets), or a hedge fund blowing up, or inflation, etc.
And until stocks start caring about a specific issue to the point of breaking down… all the hypothetical risks or issues that investors care about individually are unimportant (as far as stocks are concerned).
This is the single biggest mistake most investors make: worrying or panicking about risks to the point of missing out on bull markets. It’d be one thing if this was just a mistake… but it’s a costly mistake. As I mentioned earlier, investors miss out on MILLIONS of dollars’ worth of market gains when they don’t catch the big market rallies.
I realize the above words sound crazy coming from me. After all, two of the biggest calls of my career involved betting on bad things happening: the Great Financial Crisis of 2008 and the EU Debt Crisis of 2011-2012.
So how can I act so carefree about stocks today when there are clearly so many issues in the world?
The answer is simple: I have proprietary triggers that hit before any major market break-down. Until one of them goes off, the market is telling me that stocks aren’t concerned about the issues/ risks.
I’ll detail one of the them in tomorrow’s article… but in the meantime, if you’re looking for someone to guide your investing to make sure you’re NOT missing out on the biggest market gains, I can help.
Some quick facts about my track record.
I first recommended shares of Nvidia (NVDA) to clients in 2007 when it was trading at a split-adjusted price of $1 per share (it’s over $900 today).
I moved clients into Microsoft (MSFT) in 2014 when it was below $50 a share (it’s over $400 today).
We also bought AutoZone in 2012 when it was $422 a share (it’s over $2,700 today).
Simply put, when it comes to making BIG money from investing, I’ve done it time and again. Indeed, since 2015, subscribers of my Private Wealth Advisory have maintained a win rate of 74%.
Yes, we made money on three out of every four trades we closed… for EIGHT YEARS STRAIGHT!
And I believe 2024 is going to be our best year yet! We’ve already locked in gains of 10%, 15%, 27%, 30% and 67%… and the year isn’t even half over!
I’d love to have you join us. And you can do this today, for just $3.99 with a 30-day trial to Private Wealth Advisory!
Before proceeding I must warn you that this offer will expire this coming Friday at midnight!
A six month subscription comes with:
Again, the doors close on this offer this Friday at midnight.
Graham Summers, MBA
Chief Market Strategist
Phoenix Capital Research
