This Bounce Might Stick This Time

There are signs that this could hold up. [Jeff Clark's Market Minute]( Andrew’s note: In just a couple of days, Jeff will present one of the most reliable strategies of his career to help protect your retirement... It’s all thanks to a [44-day long market phenomenon]( that’s guaranteed to happen. In these volatile times, being a buy-and-hold investor is no longer viable… to protect your money now you’ve got to be in and out of the market with quick trades. Jeff will go in-depth on this 44-day market window during his presentation on Wednesday, May 11 at 8 p.m. ET. This could be the key to securing a profitable retirement, so [click here sign up for FREE](. --------------------------------------------------------------- This Bounce Might Stick This Time By Jeff Clark, editor, Market Minute Let’s try it again… The past two Mondays, we took a look at the oversold conditions in the stock market, the [sky-high put/call ratio]( and the [overwhelmingly bearish investor sentiment]( (a contrary indicator), and we figured the market was ready to put on a strong oversold bounce. And, for each of the past two weeks, we got that bounce. But it was short-lived. Stocks gave up their gains. And the S&P 500 finished the weeks lower than where it started. Today, we’re looking at a similar situation to what we saw the past two Mondays. The stock market is oversold. The CBOE put/call ratio Is high. And investor sentiment is wildly [bearish](. So, yes, I’m looking for a bounce. But there are a couple of minor, subtle differences to last Friday’s action that have me thinking a bounce this week could hold up. Let me explain… Recommended Link [Elon’s “Final Act”]( [image]( It’s like he can see the future… As reported by CNBC, in 1992, when Elon Musk was just a college student, he predicted five technologies would change the world in his lifetime. Amazingly, decades later, 4 out of 5 have come true: - Internet - Artificial Intelligence - Electric Energy - Private Space Travel - ?? All that’s left is #5. And it’s rolling out the door now… [Click Here to See Elon’s Final Prediction.]( -- On the previous two Fridays, the stock market sold off hard. The selling pressure was constant during each of those sessions. And the selling intensified closer to the closing bell. The S&P 500 closed on its lows on the previous two Fridays. Buyers weren’t willing to step up and add long exposure going into a weekend. And sellers took whatever they could get. It was different last Friday… Despite stocks trending lower all day, buyers stepped up in the final thirty minutes of the session. The S&P was trading at 4090 late Friday afternoon. It looked like we were setting up for another push lower to finish the week. But then, for whatever reason, buyers showed up. The S&P 500 rallied 33 points in 30 minutes. The market still closed lower on the day. But it closed well off of its lows. And that’s a big difference from what occurred the previous two weeks. Another subtle, but important distinction, occurred in the [Volatility Index (VIX)]( Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. The VIX usually moves counter to the market. In other words, when the market rallies the VIX falls. And, when the market falls, the VIX rallies. Indeed, on the two previous Fridays, as the stock market fell, the VIX popped higher. But that changed last Friday. The S&P 500 finished the session down 23 points. The VIX, however, fell too. It finished the session more than 3% below where it started. Often, whenever the VIX falls along with the stock market, the stock market manages to recover in the days ahead. [Will You Be Left Behind?]( None of this means we’re headed for a rip-roaring rally back to new all-time highs. That’s not likely to happen anytime soon. But just as we were set up for a bounce last week, and the week before, we look set up for another one again this week. And this time… it just might stick. Best regards and good trading, Jeff Clark P.S. With inflation on the rise with no end in sight, many folks are worried that they’ll fall behind on their retirement plans. Luckily, there’s a strange market phenomenon that’s triggered by a federal law coming up in just a couple of days... which could [help you accelerate your retirement]( even in this volatile market. You could double your money, or more, dozens of times during this 44-day period… no matter what’s happening in the stock market. We’re just days away from this window... So don't miss my special briefing on [Wednesday, May 11 at 8 p.m. ET.]( I’ll even give away three stock names that I’ll be targeting during this window to those who attend. Reader Mailbag Which way do you think the market will head next? In Case You Missed It… [This Top 5 Billionaire is FORCING his investments to go up…]( Warren Buffett says he’s in awe of this man’s genius… He's one of the five richest men in the world… And he's discovered a way to FORCE his investments to go up. Six secretive deals have already handed him up to $2.5 billion in pure profits. Now he's preparing Deal #7. And for the FIRST TIME EVER, regular folks have a chance to ride his coattails… With the potential to see a 49X return over the next 12 months! [Click here for the full story.]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. [The Ultimate Guide to Taking Back Your Privacy]( [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [The Gold Investor’s Guide]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. 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