| | Dear Reader,
Predictions.
You see them everywhere, especially right now.
Predictions about the market and where it will head next, predictions about when the pandemic will end - it seems there's a new one every minute of every day.
And it's easy to get wrapped up in it all. But trying to keep up with the predictions is like trying to go upstream without a paddle - exhausting.
I'm sure you've seen the rally the market has had this morning. And currently, the S&P 500 is up for the third day in a row. It's a much different market than we've seen over the last few weeks.
This has opened the door to many strong predictions hitting the screen - calling for a wave of bullishness to hit the market.
But listening to these could be the worst thing you could do.
Because here's the honest truth...
What the stock market does now or tomorrow does not matter.
Here's why..
The only reason the market is currently higher is due to the fact that we are officially at the end of the quarter.
Now, you might be wondering, what does that mean for the market? For your money?
It's simple.
Currently, there's a lot of money on the sidelines, and it has to be put to work before the quarter closes today. So, we're seeing an influx of funds coming in.
And that's why it's so important not to fall into this "bull market prediction trap." We're not seeing a rally because there's been a shift in outlook or even a shift in the coronavirus narrative. We're seeing this trend simply because we're shifting into a new quarter.
So, this fake little rally is just that, a fake little rally.
If I'm being totally transparent, I think we're looking at a bear market for the near future. Stocks will continue to move lower, as will oil.
With the price of oil dropping paired with the Coronavirus, I'm actually surprised that no one is talking about the "Double Black Swan" effect. Oil is almost trading under $20, which is the lowest level since 2002.
And lowering oil prices tell us one thing: global growth is slowing.
The "Double Black Swan" effect is here. But I'll talk more about that another day.
Now, with that said, just because we're seeing a bear-driven market doesn't mean there isn't money to be made.
In fact, these are my favorite kind of markets to trade in. This is the exact environment I made my $5 million fortune in back in 2008.
And every day, I'm pinpointing money-doubling opportunities for the members of my 1450 Club with the power of my own personal weapon - S.C.A.N. This one of a kind tool does all the heavy lifting and can set you up for unimaginable profits.
In fact, this month alone, my readers have had the opportunity to pocket massive gains in my closed recommendations. And that is because a downturn in the market isn't one without opportunity - you just have to know where to look.
Currently this is where I'm looking...
I have recommended puts in FCX, OXY, SLB, and RUN. These are stocks that I believe will continue to move lower and lower with global growth slowing at such a rapid rate. I'm a strong believer that every rally will be sold. So, on days like today, I recommended to take puts for a discount instead of chasing overly inflated calls.
Every rally will be sold and the market will continue to move lower, taking out recent lows and testing the 2050 level in the S&P 500 Futures.
But like I said earlier, a bearish market is a profitable market if you play it right.
And I've been playing it right since 2008.
Now, tomorrow, I'll be giving my newest recommendations - live, starting at 9:30 AM.
So, I wanted to invite you to join.
This market might be uncertain but my S.C.A.N. system helps me play it right.
I'm looking forward to having you there.
We'll talk soon,
Andrew Keene
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