Welcome to September â perhaps the most treacherous month of the year for the stock market. [Jeff Clark's Market Minute]( Itâs the Most Treacherous Time of Year By Jeff Clark, editor, Market Minute Welcome to September – perhaps the most treacherous month of the year for the stock market. Traders need only look back at the action during the previous three Septembers to understand why they should be cautious this month. In the pandemic-plagued year of 2020, the S&P 500 fell 10% in September. It fell 5% in 2021. And, last year the index fell 10% again. Of course, a lot of folks might look at the action we saw earlier in August and conclude that was enough selling pressure to lessen any potential decline this month. After all, it was just two weeks ago that the McClellan Oscillators for the NYSE (NYMO) and NASDAQ (NAMO) stretched towards their [most oversold levels of the year](. That’s wishful thinking. As it turns out, technical conditions often get quite oversold in August. Then, we get the inevitable “snap-back” rally. But, that rally only sets the stage for a more significant decline in September. Let me show you what I mean… In each of the past three years, the NYMO hit extremely oversold levels in August. It then snapped back to neutral before declining again in September. In two of the past three years, the NYMO got even more oversold in September than it was in August. Recommended Link [PhD Economist and Former Goldman Sachs Exec Goes “Rogue” in New Tell-All Video]( [image]( Dr. Nomi Prins says “the rollout of digital cash is just the beginning.” That’s Phase I. [Phase II is much worse]( — And it’s coming sooner than you think. If you have $5,000, or even $500, sitting inside an American bank account… Prepare by watching her urgent NEW video [right here](. In just the past 8 years, Dr. Prins has met privately with several individuals from the most elite organizations in the world, like... - The Federal Reserve... - The International Monetary Fund (IMF)... - The World Bank... - Google… - The Tokyo Stock Exchange... - ...and The London School of Economics She’s amassed a unique understanding of the financial markets… And what really goes on behind closed doors. Which is why, today, she’ll reveal [the surprising truth nobody in the mainstream media will admit to.]( She says, “You’re about to experience a massive ‘price shock’ unlike anything you’ve ever experienced in your lifetime.” To show you what’s going to happen to the U.S. financial system – And to help you prepare – Dr. Prins has agreed to an interview where she shares all the details about this crazy bombshell story. [Click here to view the shocking video now.](
-- Here’s a chart of the NAMO showing the exact same thing… Over the past two weeks, the S&P 500 has put on a blistering rally – gaining 4% and nearly erasing the entire early August decline. 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 â at zero cost to you. Just [click here]( to check it out. That’s good news for anyone who bought stocks two weeks ago in anticipation of an oversold bounce. Now though… it’s September. Technical conditions are closer to overbought than to oversold. And if history is any sort of a guide, it’s a bad idea to be chasing stocks higher after the big August rebound. Traders should use the recent strength as a chance to lighten up on long positions, and maybe add some short exposure. We can get back to buying stocks in a few weeks. Best regards and good trading, [Signature] Jeff Clark READER MAILBAG Have you been taking profits recently? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [Flip Todayâs Crazy Market to Your Gain]( 2022 was a bloodbath for the stock market. But those following Market Wizard Larry Benedict saw gains like: - 31% in 24 hours - 106% in three days - 79% in three days - 61% in three days - 120% in 11 days - And more… And these gains have come whether stocks go up or down! What’s Larry’s secret? In this short interview, he reveals his unique method – including the name of the ticker symbol you need to get started. [Click here for a private viewing.]( [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](