Sell in June?

What a difference a week makes. [Jeff Clark's Market Minute]( Sell in June? By Jeff Clark, editor, Market Minute What a difference a week makes. It was just one week ago when I argued the [stock market looked ready to rally](. The chart pattern of the S&P 500 looked bullish. And, investor sentiment – a contrary indicator – was overwhelmingly bearish. So, it seemed to me the market needed to rally hard enough to shake the bears out of their short positions and coax the reluctant bulls to chase stocks higher before we’d see a significant decline. Since then, the S&P 500 has rallied up to the 4300 level. And, in doing so, it seems that everyone has all of a sudden turned bullish. It’s the most stunning shift in investor sentiment I can recall in nearly four decades of trading. Recommended Link [The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty]( [image]( A unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! In fact, Business Insider says this type of investment could provide “enough money to live off of each year, without having any other retirement plan...” “Royalties” are the most exciting investments in history. Put simply, they’re periodic payouts… That could deliver all the money you need for your retirement… While these “royalties” are different from traditional royalties, just one could hand you enough income to live life on your own terms. And it only takes a few minutes to set up. [Learn how to collect your first payout before June 13th.]( -- In its most recent survey, released yesterday, the American Association of Individual Investors (AAII) reported that the percentage of respondents expecting the market to rally over the next six months shot all the way up to 45%. That’s the highest level in a year, and a sharp increase from the previous week’s reading of 29%. Meanwhile, the percentage of respondents leaning bearish for the next six months dropped to 24%. That’s the lowest number of bears in a year, and a steep decline from the previous reading of 37%. 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. This dramatic shift in sentiment is happening just as the stock market is rallying to its highest level in 2023. It’s bumping into an obvious resistance level. And, the Volatility Index (VIX) just generated a [broad stock market sell signal](. Folks… this is NOT the time to be committing new money to the stock market. This is a time to be cautious. Trim some profits. Raise the stop prices on current holdings. And, for aggressive traders, maybe consider adding some short exposure. It looks to me like the bear is gearing up to take another swipe at stock prices. Stocks are likely to be lower a few weeks from now than where they are today. Best regards and good trading, [Signature] Jeff Clark READER MAILBAG Are there any adjustments you’re making to your account, given the recent market conditions? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [Top 1% hedge fund manager: “All hell will break loose on June 13th”]( A Wall Street legend who made $95 million during the 2008 financial crisis says, “All hell is about to break loose” again. And he’s not alone. Billionaires Larry Fink, Warren Buffett, and Jamie Dimon are warning of “extreme consequences” to come. To see why everyone is panicking… [Click here and watch the first 10 seconds of this video.]( [image]( [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. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](