8 of 11 Major Sectors Are Down for the Month, and I’m Looking for a Buy Signal

Your Chart of the Day is here! [image] May 24, 2023 [Live at 11 a.m. ET TODAY — Roundtable With Don Yocham Featuring Garrett {NAME}, Jeffry Turnmire and Scott Welsh!](=) When Will These Oversold Sectors Be a Buy? Was it time to sell in May and go away? It was if you look at eight of the 11 S&P 500 sectors... Right now, only Consumer Discretionary (XLY), Communication Services (XLC) and Technology (XLK) are higher for the month: The rest look rather disastrous compared to their highs on May 1, like XLP in particular, which is down about 4% — ouch! The question I’m asking myself now is… at what point will the oversold sectors be a buy? [image] Think and win! Celeste Lindman Celeste Lindman Trading If you haven’t already, [join my Telegram channel here]() for frequent trading insights and market musings! *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. It’s Time to Look Outside the 60/40 Box When most people think about monthly income, they look to stocks or bonds. We all know how volatile and unpredictable stocks can be... Last year is a good example of that. And the rub with bonds is the low returns. Take this January for example… Let's say someone had $10,000 in bonds versus [“Liberty Trades.”]() During that month at 4% a year, you'd make a meager $33 with government bonds. But with “Liberty Trades,” according to the backtesting model, you could have made… [image]() That’s over 100X Better! [image]( Of course, no strategy wins all of the time, so you should never invest more than you could afford to lose… That said, this has shown the power to work with an incredible 95.4% historical accuracy… over and over and over again. [Go Here to Get All the Details]() What We’re Covering… - How to [Spot a Likely Trade Failure](=) Before You Enter - [Why I Follow the Money]() — It’s How I Spotted FSLR’s Pending Breakout - How May’s Winners and Losers Will Help Determine [June’s Opportunities]( Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit [wealthpress.com/term]([s]( for our full Terms and Conditions. [Unsubscribe]( The Trading Pub 101 Marketside Ave Suite 404 PMB 318 Ponte Vedra, Florida 32081 United States (888) 203-6695