This past weekend, I asked you to share your biggest worries about your money. And as I suspected, the Fed’s pursuit of aggressive interest rate hikes and the potential for a major market correction are the most important issues to you right now.
So before the talking heads on the news convince you to pull all your money from the stock market and stuff it under your mattress, let’s talk about everything they’re not saying –
When the Dow broke 21,000 last week, the financial news networks erupted in celebration – so much so you’d think every investor and trader just hit the stock market lottery.
Not quite…
While it’s true that the Dow’s second historical achievement this year certainly deserved some applause, the boisterous fanfare we were subjected to on TV was more than overkill.
In fact, there’s one thing the pundits forgot to tell you in all their excitement…
It’s no surprise right now that the brick and mortar stores are on their last legs – all you have to do is follow the endless stream of upcoming store closures to know that.
The real problem is that that media heads are scaring everyone into thinking they need to dump their retail stocks.
But not all retailers are suffering…
Now last month, I told you why home improvement stores are faring better than others. I also told you that Home Depot (HD) is the best home improvement stock to buy.
As you know, the biggest financial news this week was the Dow’s breaking through 21,000 for the first time ever – making the fastest 1,000-point climb in history.
But yesterday, we saw a pullback from all three major indices. Naturally, this led to the talking media heads debating (again) about whether or not we will actually see a big correction this month.
Back in October, I told you why I was watching bitcoin and how it could replace gold as the new “safe haven” for your money. At the time, bitcoin was trading around $651.
Fast-forward to today – and it’s now trading at an all-time high of $1,228. That’s nearly a 90% gain in less than six months. In fact, the price of one bitcoin is now worth more than one ounce of gold. It was also named as the top performing “currency” in 2016.
And by next week, you could get in on the profits – without buying a single coin.
Back in the day, when I was on the trading floor of the American Stock Exchange, I would hear (on a pretty daily basis) lists upon lists of reasons “why people shouldn’t get in the stock market.”
But in my nearly 25 years of experience, there’s really only one.
And now another one is forming…
And no, it’s got nothing to do with the direction that markets will move…
I want to talk to you today about something we haven’t discussed in a year…
Oil.
But it’s not the falling prices or crude inventories reaching record highs that’s got my attention. You see, it’s been one year since we exploited this seasonal pattern on oil for over 435% gains.
And now another one is forming…
A couple weeks ago, I gave you my number one stock to buy this quarter.
I also showed you a unique pattern that revealed why it was crucial you make your move before earnings came out.
Well, now the numbers are in.
Boy did the pattern work…
And here’s how you can use it for the next round of earnings.
I want to talk to you about a live stream video I watched with my son last week involving a strange man in a mask.
Now I know this sounds weird, and it’s not something I’d normally pay attention to… but the magnitude of what this guy did is something that happens to traders every single day. It’s happened to a couple of my students (on a much smaller scale), and it’s probably happening to someone even as I write this.
And after the Dow, S&P 500, and the NASDAQ hit brand-new record highs yesterday, it’s something we really need to talk about right now…
As I’m sure you know, President Trump signed an executive order on Friday that halted enforcement of the Dodd-Frank fiduciary rule requiring financial advisors to put their clients’ best interests before their own.
This reminded me of when I used to travel all over the country to teach trading seminars. And in every one, my students would tell me all the horror stories their financial advisors would share with them to convince them to stay away from the most potentially lucrative trades in the market.
But keep in mind… there are the advisors who already act in a fiduciary capacity by keeping your best interests at heart, and then there are the “wolves of Wall Street” who only care about draining your bank account to fatten their own wallets.
The latter is who my students were referring to – and who I want to talk to you about today. These “advisors” only act in their own interests and have cost Americans $17 billion per year in retirement savings due to bad financial advice. And in a survey conducted by the Financial Planning Association, most of these advisors confessed to knowing very little about investing… beyond reading investment sheets.
Because of them, investors are being lied to about the easiest – and fastest – way to capture thousands in profits every single week.
View this page online: https://powerprofittrades.com/2017/02/truth-notorious-trades-wall-street/
