Yesterday, October 19, marked the 31-year anniversary of one of the worst days for the stock market, “Black Monday.”
Now if you don’t remember this date, it’s when stock markets around the entire world crashed in 1987.
And as you can imagine, this absolutely terrified investors and traders – check it out:
Now, with the recent market drops and timing, many investors have found themselves wondering if the historical events was going to repeat itself…
But the truth is, the chances of the market crashing like it did back in 1987 are actually quite slim.
The stock market has come a long way these days and at the same time, it’s learned the necessary steps it has to take to prevent these kind of declines.
First up, the market has set up lock limits. Lock limits are trading curbs put in place to slow down rapid descents. On top of this, short sellers help add to the padding of a possible market crash. Lastly, we see much more liquidity and transparency in the market these days thanks to the development of new technology.
But here’s some truths about the upcoming market:
A crash like 1987 most likely won’t happen – but corrections will. These corrections happen around one to two times a year and an average correction only last around three months. But these days, corrections have shortened that time span to lasting only one month.
With that said, if history repeats itself as it normally does – we’ve seen the lows of October and should be looking forward to the future for more profitable opportunities coming our way…
Speaking of profitable opportunities…
There’s a hidden sector in the market that’s completely misunderstood.
But it’s already infiltrated the world of blockchain.
It’s changing the medical world as we know it.
And it’s also set to be one of the most lucrative profit opportunities of all time.
Now, on Tuesday, October 23, former house speaker, John Boehner will show you how you can conquer this potentially trillion-dollar – industry.
Just go here to register for this exclusive event. (Ecomm, please provide link for NICI HL build)
To your continued success,
Tom Gentile
America’s #1 Pattern Trader