How to Be a Contrarian (Buy This)

[] The S&P 500 fell to the lowest level of 2022 as concerns about a recession continue to rattle investment sentiment. Investors continue to buy the dip, but it feels as though we are fast approaching capitulation levels. [View in browser]( . The S&P 500 fell to the lowest level of 2022 as concerns about a recession continue to rattle investment sentiment. Investors continue to buy the dip, but it feels as though we are fast approaching capitulation levels. [View in browser]( . . [] [Havens Investment Letter] [] [Havens Investment Letter] [] [] [] Trading the Crown Jewel of Tech Stocks with a 70% Win Rate That is the power of the remarkable system that California tech genius Micah Lamar calls "the Perfect Apple Trade." Recently, he even identified a 30% on AAPL over four days, even while the S&P 500 tanked. [See this incredible system in action here]( [] --------------------------------------------------------------- [] Trading the Crown Jewel of Tech Stocks with a 70% Win Rate That is the power of the remarkable system that California tech genius Micah Lamar calls "the Perfect Apple Trade." Recently, he even identified a 30% on AAPL over four days, even while the S&P 500 tanked. [See this incredible system in action here]( [] --------------------------------------------------------------- [] [] How to Be a Contrarian [Garrett Pic] Momentum remains Red as we enter peak fear territory. The Dow Jones took its bottom out for the year, and we continue to take out new lows. While it feels like capitulation may be coming, and the S&P 500 Volatility Index (VIX) is now above 30. This feels like we’re approaching a short-term bottom. Cash remains your best friend in this environment. Dear Investor, We’re in oversold territory. Full stop. The markets have retested their lows of the year. Biotech and real estate stocks look like they might have some additional losses along the way. However, if we look at the S&P 500 ETF (SPY) and the Russell 2000 ETF (IWM), we are clearly pushing oversold territory. This chart is the SPY – tracking the performance of the S&P 500 over the last year. We’ve had three situations where the Relative Strength Index (RSI) has dropped near that 30 range. Click on the image to see it larger. This afternoon, the RSI hit 27.44 as we headed into the final 90 minutes of the day. After we move into those oversold territories… we tend to see some short-term covering in the following days. You can see this behavior in January and June of this year. The same goes for the Russell 2000. Again, we’re down in an RSI of about 27, meaning we could see a short squeeze any day now. If you’re a contrarian, now is the time to test your resolve. According to Bank of America, investor sentiment is “unquestionably” at the worst level since 2008. There is a good opportunity to move out two weeks on the Russell 2000 ETF at the $180 strike price for cheap. If a short squeeze comes after this week’s massive downturn, you’ll be one of the few people willing to go long. These are the types of small bets that I like to make when the world thinks the world is on fire. Consider the same with the SPY up near the $385 level. Recession Worries Accelerate With the week ending, it’s time to check again on the state of economic growth in the United States. I’m projecting that third-quarter GDP comes in negative. But most banks continue to push the narrative that we will eke out economic gains for the quarter. Bank of America this month kept its GDP expectation at 0.8% for the quarter. It said that the recent news around housing starts helped “boost the tracking estimate.” Boost? We’re talking about economic growth under 1% for the quarter. Meanwhile, Goldman Sachs projects a growth of 1.2%. This feels a tad high right now. Finally, we have the Atlanta Federal Reserve Bank. The GDPNow model projects that economic growth will come in at 0.3% for the quarter. That is a decline of 20 basis points since the September 15 estimate. I still anticipate that GDP will come in negative. But I do warn investors that they need to focus more on real final sales and less on the GDP category. One of the easy ways to game GDP numbers is through export figures and inventory build. The Energy Game Oil prices are back under $80 for the first time since January 2022. There are some politicians taking a victory lap over falling energy prices. The reality: The U.S. economy is spiraling toward a recession. In addition, the Federal Reserve’s rate hikes are so aggressive that we are now crushing aggregate demand. If demand were to return to even peak-COVID levels, oil would be much, much higher. The surging dollar has also been a major driver of lower oil prices. I continue to argue that investors should look to the long-term as if West Texas Intermediate crude oil were trading at $75 per barrel. That would put Exxon Mobil (XOM) at around $80 or Occidental (OXY) at $50 per barrel. However, I’m not buying anything now. It’s very unclear if we are approaching the point of capitulation. Enjoy your day, [Garrett signature] Garrett {NAME} Chief Analyst, American Markets [] --------------------------------------------------------------- [] [] How to Be a Contrarian [Garrett Pic] Momentum remains Red as we enter peak fear territory. The Dow Jones took its bottom out for the year, and we continue to take out new lows. While it feels like capitulation may be coming, and the S&P 500 Volatility Index (VIX) is now above 30. This feels like we’re approaching a short-term bottom. Cash remains your best friend in this environment. Dear Investor, We’re in oversold territory. Full stop. The markets have retested their lows of the year. Biotech and real estate stocks look like they might have some additional losses along the way. However, if we look at the S&P 500 ETF (SPY) and the Russell 2000 ETF (IWM), we are clearly pushing oversold territory. This chart is the SPY – tracking the performance of the S&P 500 over the last year. We’ve had three situations where the Relative Strength Index (RSI) has dropped near that 30 range. Click on the image to see it larger. This afternoon, the RSI hit 27.44 as we headed into the final 90 minutes of the day. After we move into those oversold territories… we tend to see some short-term covering in the following days. You can see this behavior in January and June of this year. The same goes for the Russell 2000. Again, we’re down in an RSI of about 27, meaning we could see a short squeeze any day now. If you’re a contrarian, now is the time to test your resolve. According to Bank of America, investor sentiment is “unquestionably” at the worst level since 2008. There is a good opportunity to move out two weeks on the Russell 2000 ETF at the $180 strike price for cheap. If a short squeeze comes after this week’s massive downturn, you’ll be one of the few people willing to go long. These are the types of small bets that I like to make when the world thinks the world is on fire. Consider the same with the SPY up near the $385 level. Recession Worries Accelerate With the week ending, it’s time to check again on the state of economic growth in the United States. I’m projecting that third-quarter GDP comes in negative. But most banks continue to push the narrative that we will eke out economic gains for the quarter. Bank of America this month kept its GDP expectation at 0.8% for the quarter. It said that the recent news around housing starts helped “boost the tracking estimate.” Boost? We’re talking about economic growth under 1% for the quarter. Meanwhile, Goldman Sachs projects a growth of 1.2%. This feels a tad high right now. Finally, we have the Atlanta Federal Reserve Bank. The GDPNow model projects that economic growth will come in at 0.3% for the quarter. That is a decline of 20 basis points since the September 15 estimate. I still anticipate that GDP will come in negative. But I do warn investors that they need to focus more on real final sales and less on the GDP category. One of the easy ways to game GDP numbers is through export figures and inventory build. The Energy Game Oil prices are back under $80 for the first time since January 2022. There are some politicians taking a victory lap over falling energy prices. The reality: The U.S. economy is spiraling toward a recession. In addition, the Federal Reserve’s rate hikes are so aggressive that we are now crushing aggregate demand. If demand were to return to even peak-COVID levels, oil would be much, much higher. The surging dollar has also been a major driver of lower oil prices. I continue to argue that investors should look to the long-term as if West Texas Intermediate crude oil were trading at $75 per barrel. That would put Exxon Mobil (XOM) at around $80 or Occidental (OXY) at $50 per barrel. However, I’m not buying anything now. It’s very unclear if we are approaching the point of capitulation. Enjoy your day, [Garrett signature] Garrett {NAME} Chief Analyst, American Markets --------------------------------------------------------------- [] Taking advantage of negative market momentum has been the secret of Garrett’s success for nearly a decade. And now, he’s revealing his strategy for the first time in his latest report. Right now… you have a choice to make. Will you capture this opportunity and learn how to make real money with this powerful strategy? …Or will you keep doing the same thing that frustrates you? [Choose Wisely]( It’s your choice. But this report will go dark when momentum turns Green again. [Choose wisely.]( --------------------------------------------------------------- [] [] Taking advantage of negative market momentum has been the secret of Garrett’s success for nearly a decade. And now, he’s revealing his strategy for the first time in his latest report. Right now… you have a choice to make. Will you capture this opportunity and learn how to make real money with this powerful strategy? …Or will you keep doing the same thing that frustrates you? [Choose Wisely]( It’s your choice. But this report will go dark when momentum turns Green again. [Choose wisely.]( --------------------------------------------------------------- [] [] [] Has This Group of Remarkable Traders Discovered the PERFECT AAPL Trade? If you ever thought that it’s way too late to see significant movement in major stocks like AAPL... You need to think again… The Perfect Apple Trade Has Been Discovered Thanks to the help of a maverick group of former Wall Street traders… and a state-of-the-art artificial intelligence platform… California tech wiz and renowned trader Micah Lamar has uncovered obscure “trade cycles” in AAPL shares capable of signaling major movement… All in a matter of days... These Aren’t Common Results Nearly all market analysts are clueless about these moves… But Micah’s proprietary system has been able to predict significant moves in AAPL stock… over and over again. Now, You Can See the System for Yourself! He’ll walk you through his AAPL system step-by-step… and answer the most common questions he sees... You’ll even be able to gain access to Micah’s proprietary Apple trading tool… Plus, you’ll see the remarkable results Micah’s system has returned, just by placing one trade on iconic Apple Inc., the crown jewel of tech stocks… [Click here to gain immediate access to this presentation]( You’ll be one of the lucky few to see the Perfect Apple Trade system yourself… And meet the brilliant inventor behind this system… [Catch it all here]( --------------------------------------------------------------- [] [] [] Has This Group of Remarkable Traders Discovered the PERFECT AAPL Trade? If you ever thought that it’s way too late to see significant movement in major stocks like AAPL... You need to think again… The Perfect Apple Trade Has Been Discovered Thanks to the help of a maverick group of former Wall Street traders… and a state-of-the-art artificial intelligence platform… California tech wiz and renowned trader Micah Lamar has uncovered obscure “trade cycles” in AAPL shares capable of signaling major movement… All in a matter of days... These Aren’t Common Results Nearly all market analysts are clueless about these moves… But Micah’s proprietary system has been able to predict significant moves in AAPL stock… over and over again. Now, You Can See the System for Yourself! He’ll walk you through his AAPL system step-by-step… and answer the most common questions he sees... You’ll even be able to gain access to Micah’s proprietary Apple trading tool… Plus, you’ll see the remarkable results Micah’s system has returned, just by placing one trade on iconic Apple Inc., the crown jewel of tech stocks… [Click here to gain immediate access to this presentation]( You’ll be one of the lucky few to see the Perfect Apple Trade system yourself… And meet the brilliant inventor behind this system… [Catch it all here]( --------------------------------------------------------------- [] [] Article Recap - [How to Be a Contrarian](#i572731) - [Has This Group of Remarkable Traders Discovered the PERFECT AAPL Trade?](#156382) --------------------------------------------------------------- [] Article Recap - [How to Be a Contrarian](#i572731) - [Has This Group of Remarkable Traders Discovered the PERFECT AAPL Trade?](#156382) --------------------------------------------------------------- [] © 2022 Godesburg Financial Publishing, Inc. DISCLAIMER: COMMUNICATIONS FROM GODESBURG FINANCIAL PUBLISHING (GFP) ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY – NOT INVESTMENT ADVICE: GFP and all the services it offers are for educational and informational purposes only and should NOT be understood to be securities-related offers or solicitations. None of GFP’s communications should be considered or used as personalized investment advice. GFP recommends that you speak with a licensed professional before making any investment decision. RESULTS PRESENTED ARE NOT NECCESSARILY TYPICAL OR VERIFIED: GFP communications may include information regarding the historical trading performance of gurus in their services (all verified by a third party), as well as testimonials of non-employees depicting profitable investments and trades that are believed to be true based on the representations of the persons providing the testimonial of their own free will. Please be aware that the claims regarding investing or trading results of non-employees are not tracked by GFP nor can they be verified. As always, past performance is not necessarily indicative of future results. Therefore, results presented in this email should NOT be considered TYPICAL. Actual results can and will vary based on everything from experience, ability, risk mitigation practices, and market volatility... to the amount of money exposed in the investment or trade. Investing and trading are speculative and carry serious risk. You may lose some, all - or possibly more - than your original investment or trade. GODESBURG FINANCIAL PUBLISHING IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER: GFP, including its owners and employees, are NOT registered as securities broker-dealers, brokers, or any sort of registered investment advisors with the U.S. Securities and Exchange Commission, any state securities regulatory authorities, or any self-regulatory organizations. GODESBURG FINANCIAL PUBLISHING EMPLOYEES MAY HOLD SECURITIES DISCUSSED: If a writer holds any securities in a communication, it will be disclosed along with the information on the potential investment or trade. HIR, its owners or employees, have not been - or ever will be - paid by the issuer of a security mentioned in our services or communications. GFP, its owners and employees are paid entirely or in part from commissions based on sales of their services to subscribers. For more information, please visit [our disclaimer page here.]( Sent to: {EMAIL} [Unsubscribe]( Godesburg Financial Publishing Inc., 251 Little Falls Drive, Wilmington, DE 19808, United States [] © 2022 Godesburg Financial Publishing, Inc. DISCLAIMER: COMMUNICATIONS FROM GODESBURG FINANCIAL PUBLISHING (GFP) ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY – NOT INVESTMENT ADVICE: GFP and all the services it offers are for educational and informational purposes only and should NOT be understood to be securities-related offers or solicitations. None of GFP’s communications should be considered or used as personalized investment advice. GFP recommends that you speak with a licensed professional before making any investment decision. RESULTS PRESENTED ARE NOT NECCESSARILY TYPICAL OR VERIFIED: GFP communications may include information regarding the historical trading performance of gurus in their services (all verified by a third party), as well as testimonials of non-employees depicting profitable investments and trades that are believed to be true based on the representations of the persons providing the testimonial of their own free will. Please be aware that the claims regarding investing or trading results of non-employees are not tracked by GFP nor can they be verified. As always, past performance is not necessarily indicative of future results. Therefore, results presented in this email should NOT be considered TYPICAL. Actual results can and will vary based on everything from experience, ability, risk mitigation practices, and market volatility... to the amount of money exposed in the investment or trade. Investing and trading are speculative and carry serious risk. You may lose some, all - or possibly more - than your original investment or trade. GODESBURG FINANCIAL PUBLISHING IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER: GFP, including its owners and employees, are NOT registered as securities broker-dealers, brokers, or any sort of registered investment advisors with the U.S. Securities and Exchange Commission, any state securities regulatory authorities, or any self-regulatory organizations. GODESBURG FINANCIAL PUBLISHING EMPLOYEES MAY HOLD SECURITIES DISCUSSED: If a writer holds any securities in a communication, it will be disclosed along with the information on the potential investment or trade. HIR, its owners or employees, have not been - or ever will be - paid by the issuer of a security mentioned in our services or communications. GFP, its owners and employees are paid entirely or in part from commissions based on sales of their services to subscribers. For more information, please visit [our disclaimer page here.]( Sent to: {EMAIL} [Unsubscribe]( Godesburg Financial Publishing Inc., 251 Little Falls Drive, Wilmington, DE 19808, United States