Overwhelming Supply Of Stocks

JC Parets
May 18, 2022

Below 4100 in the S&P500 is a problem. Those are the February lows.

By definition, the stock market is in a downtrend, making lower lows along with those lower highs that were already in place.

We can go much lower from here, a little lower from here or sideways for while.

It doesn't make sense to own stocks in any of those 3 scenarios:

And as long as we're below 4100, those are the only 3 possible outcomes.

So you decide.

Now, can we recover?

Sure, of course. Anything can happen - that's for sure!

But I'll have to see it.

The market is guilty until proven innocent in the meantime.

We'll be going over all of this on tomorrow night's call.

This is one you absolutely cannot miss!

  • Which stocks are we buying? Which ones are we shorting?
  • With Oil Services & Explorers & Producers diverging from the Integrated stocks, what does than mean for the Energy Trade?
  • Is a weaker US Dollar absolutely necessary for stocks to rise?
  • How to play defense in this environment
  • Collecting Income to supplement other strategies
  • Stocks showing the most relative strength

You don't want to miss this one!

If you're not already a Premium Member, make sure to sign up before tomorrow's live event so you can join us, participate, ask questions and be fully up to speed on how we want to approach this market.

See you there!

Sign up to become a Premium Member and Join Thursday's Live Conference Call.

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