They're Stuck Below 2021 Highs

JC Parets
April 15, 2024

There is a big theme going on right now - and that's the inability for important indexes to get above their 2021 highs.

You're seeing it at the individual stock level, you're seeing it across specific sectors and industry groups, and you're definitely seeing it in the S&P500 and Nasdaq100 Equally-weighted.

These indexes below eliminate the excessive weightings in certain stocks and sectors and equally-weight all of its components.

Look at both of them still stuck below their 2021 highs:

How long it's going to take for these to ultimately resolve higher is anyone's guess.

My suspicion is that it's going to take longer than most investors are expecting.

In the meantime, we're incorporating more delta neutral positions to try and profit from all of those investors who don't know how to be patient.

There are a lot of them out there, and so with that comes opportunities for us to profit.

In Crypto you're seeing the exact same thing.

Look at Bitcoin, Solana and Binance all stuck below their 2021 highs:

It's a common theme out there.

At first glance, that might seem frustrating to some.

But it shouldn't be.

Flip that mentality on its head.

Most investors can't handle this type of market. It drives them crazy. They anticipate breakouts and get chopped up.

Traders getting chopped up is equivalent to them making donations. But that only works if you're collecting.

Our job is to collect their donations in an environment like this.

We'll be discussing this all in great detail on Wednesday April 17th @ 6PM ET during our LIVE Conference Call for Premium Members of ASC.

Premium Members make sure to Register Here if you haven't already.

And if you're not already a Premium Member, get in touch with Mary and she'll set you up.

See you in there!

 

 

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