Brace for Impact

Stock market investors have had a lot to be happy about in recent weeks. [Jeff Clark's Market Minute]( Brace for Impact By Imre Gams, analyst, Market Minute Stock market investors have had a lot to be happy about in recent weeks. In fact, since the start of the year, the S&P 500 is currently up about 13%. But if you only looked at the combined performance of 493 of the stocks that make up the S&P 500, the market would be about flat for the entire year. Recommended Link [“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prins]( [image]( $100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers. She’s talked about it on podcasts… live TV… and in her newest, bestselling book, Permanent Distortion. Dr. Prins says: “This asset has nothing to do with gold or silver, but it has many of the same features to protect your wealth – and preserve your privacy.” As the turbulence in our world grows worse and worse… [Click here now to see what Nomi is recommending before it’s too late.]( -- That means just seven companies have been responsible for almost all of this year’s gains. Those companies are Amazon, Apple, Google, Meta, Microsoft, Nvidia, and Tesla. Combined, these seven mega stocks are up over 50% this year alone. That’s a crazy concentration of capital that’s flowing into a very limited number of stocks. And it’s a bit worrying for market bulls. The only logical conclusion is that one of two things is going to happen next: - The first possibility is that market sentiment will continue improving. This would be great news for bulls as it would likely see cash go to work in some of the other names in the S&P 500 index. - The second possibility is that the buying power flowing into those seven mega stocks will eventually exhaust itself. And when that happens, investors won’t be lining up to buy other stocks as well. The only option left would be for investors to start selling their positions in the hopes of realizing a profit. This will have a compounding effect as increasing numbers of investors exit the market. The end result would be a vicious sell-off. Unfortunately, my analysis of the VIX suggests that the second possibility might be relatively close at hand. Let me walk you through a price chart of the VIX so you can see what I mean. [(Click here to expand image)]( On Friday, the VIX reached a level it hadn’t seen since February 14, 2020. Just a few days later on February 19, the market put in a major top. What happened next has come to be known as the coronavirus crash. The S&P 500 sold off by over 35% in just 23 trading days. I’m not saying that we’re going to see the same thing happen today. But I can’t deny that a lot of the elements I’ve been looking for leading to another major market top are all starting to come together. [On Monday]( I wrote about how the Nasdaq is lining up in an eerily similar fashion to what happened right before the worst of the Dot-Com Crash. Now, the VIX is telling me the market is getting complacent again. 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. All eyes will be on the Fed’s announcement later today. If the market is disappointed by what Chairman Powell has to say, then we could be primed for a blow-off top. If there’s a significant sell-off later this afternoon, it’s crucial to keep an eye on the VIX. If the VIX doesn’t accelerate higher, then it’s likely buyers will come in once more to buy the dip. But if the rest of the S&P 500 doesn’t soon start participating in the rally, the bull run of 2023 will remain on shaky ground. Best regards and good trading, Imre Gams READER MAILBAG Are you prepared for a sell off? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [Prepare NOW for the Coming “Stock Shock”]( Over $13 trillion in household wealth has been wiped out… And stocks STILL cost DOUBLE what they did before the 2008 crash… But is the best solution really to just sit in cash? No. Over the last 4-decades, our firm has publicly predicted the fall of the Soviet Union… the Dot-Com collapse… the 2008 crash… Trump’s presidency… and the 2020, 2022, and 2023 crashes. Now, millionaire Jeff Clark is issuing a [new WARNING]( unlike anything we’ve seen in years. A [“Stock Shock” is coming to America]( that could be the worst OR BEST thing for your investments depending how you act BEFORE October 1st. Jeff’s also revealing the [ONE secret to getting ahead of this new shock]( and profiting in any market condition – closing huge gains in only 8 days. [Click Here to See Jeff’s New WARNING.]( [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. 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