Kris’ note: In yesterday’s Dispatch, we took you through some simple chart analysis of the Dow Jones Industrial Average. The idea of that Dispatch was to help give you some insight on the future direction of that index and the market as a whole.
Well, today we’re sharing more insights on the future direction of the market. This time from master trader and Casey Research friend Jeff Clark. Jeff has traded the markets for nearly 40 years. He’s traded through rampant bull markets, vicious bear markets, and “boring” sideways markets.
But regardless of which way the market goes, Jeff has proven one thing – he can help people make money from it. That’s why we’re happy to share the following insight… and strongly recommend you take advantage of a free training session Jeff is hosting tomorrow, July 22 at 8 p.m. ET.
Jeff shares all the details below and explains exactly why this is an event no investor should miss. Read on for full details…
By Jeff Clark, editor, Market Minute
Folks are freaking out about the COVID-19 delta variant.
This is the new strain of coronavirus that is driving up COVID-19 cases across the U.S. and the world. According to the “experts,” it’s more resistant to the various vaccines, and it’s more infectious.
So lots of folks are worried about another wave of illnesses, renewed mask mandates, another bout of lockdowns and travel restrictions, and another stock market crash.
I’m not a doctor. And I’m not a public policy expert. So I won’t comment on most of those concerns.
But I have traded stocks for nearly 40 years. And I can offer some advice if you think the market is set up for a crash…
Don’t worry about it.
That’s not to say the market won’t crash. It very well might do just that. What I’m saying, though, is that traders shouldn’t waste time and energy worrying about a crash. Instead, they should have a plan to prepare for it and to take advantage of one if it happens.
You see, while investors can make a lot of money during bull markets, it’s the decisions you make during the turbulent times that can make you rich.
For example, the financial crisis of 2008 created the worst stock market environment in a generation. But it was one of my best years ever.
In my trading newsletter, subscribers earned 100% or more on ten different recommendations. And we did this at a time when the broad stock market was cut in half.
How did we do it?
We were prepared. We saw the crisis unfolding, and we had a game plan to profit from the situation.
Most investors don’t see corrections coming. They stay fully invested and then get wiped out when the crisis hits. So they don’t have the cash to go bargain shopping after stocks fall. Or, if they do have the cash, they’re often too paralyzed by fear to put the money to work.
Having a plan in place ahead of time changes all of that. It creates the chance to profit on some amazing opportunities.
I don’t know if the delta variant is going to cause another stock market crash similar to what we saw last year. Frankly, I don’t think it will.
But there are any number of other factors that could create some turbulence. In fact, I think the market is setting up for a longer-term period that’s going to be very difficult for the typical “buy and hold” investor. And I suspect most folks are unprepared for that.
That’s why this Thursday, July 22 at 8 p.m. ET, I’ll be hosting a free live training session on how to profit during turbulent times. I’ll explain my outlook for the stock market. I’ll show you my plan to profit off of the action. And I’ll even offer a FREE trading recommendation.
I’ll also show you the trading strategy I used to make 2008 the most profitable trading year in my career.
Prepared investors are going to have an outstanding chance to profit in the stock market over the next few years. I’d like to help you get ready for it.
Go right here to learn more about this free training session.
Best regards & good trading,
Editor, Market Minute