Clash of Wall St. Titans. Are you getting stuck in the middle?

You don't need to predict the market to win [Company Logo] These two highly respected Wall Street strategists with impressive track records on market predictions have projections for the stock market that seem illogically far apart! How is this possible? I’m not talking about two extremist prognosticators that can always be found touting the idea of the market going to the moon or the Dow going back below 10,000 accompanied by a depression. I’m talking about Tom Lee of Fundstrat Global Partners (former Chief Market Strategist and CIO for J.P. Morgan), and David Wilson, Morgan Stanley’s Chief Market Strategist. Warning: This could be disheartening if you don’t read the whole email. So before you read these two very different views on what you’re might experience from the stock market in 2023, rest assured… At MarketGauge, we build strategies and systems that don’t need to predict the market to outperform and build your wealth. So regardless of which strategist is correct, you can actively invest with confidence. [Here’s one example of how you can beat the market without predicting]( Now, here’s what Mr. Lee and Mr. Wilson are saying. Some of the quotes have come from other recent interviews not shown here. [image] [image] [Tom Lee believes that the SPY could rally 20%]()+, Nasdaq could rise 30% and value stocks as much as 50% in 2023! Part of his argument and push back to Dave Wilson's view sounds like this... "If you say earnings have to be good to have double digit declines, well that's not true. Out of 21 instances where stocks had declines in a single year, in the following year, 18 were positive, and 7 of those had negative earnings growth. So stocks can do quite well next year (2023) as long as we're talking about this crisis of inflation ending." [Dave Wilson sees real potential for the SPY to hit 3,000 in 2023](=), which would be more than a 20% decline. The core of his bearish call is based expected earnings and their revisions. In his words... "The one thing we feel confident about in our work is that we thing the earnings (estimates) are too high." "We think people are going to be surprised at just how dramatic the earnings cuts are." "We think people are going to be surprised at just how dramatic the earnings cuts are." Who Should You Believe!? It's possible that they both could be right by the end of the year. It's good to understand different points of view, but in the end, unless you are literally buying the index, you don't need to predict the index. Good returns can come from... ...being in the market at the right time, and/or ...good stock selection that outperforms in up and down markets. [Click here to see how you can have BOTH](=) Tom & David Agree On One Big Thing There are several things that Tom and David agree on, but the most important one is that there will be another bull market. Will you be ready? Identifying bear market bottoms as they occur is not easy, and there are very good reason why! For example, according to Tom Lee... "Since 1920, the market has bottomed before earnings 11 out of 13 times by an average of 12 months." Be careful how you use earnings to time your investments. The good news is that with the right tools and systems you can invest in companies are going up, NOT down, even when the market's general earnings revisions trends are bearish! [Click here to see how to find good stocks in "bad markets"]( But what about the recession? Warning: Recession Announcements Are NEVER TIMELY A common refrain in the media right now is... "The stock market has never bottomed before a recession." This is DANGEROUSLY misleading. What most people forget is that all the dates you see on charts indicating the official starting and ending point of a recessions are backward looking and determined months after they occurred. For example, as you can see from the image below... If you were waiting for the official announcement that the U.S. was in a recession in 2020, on June 9th you would have received your news that the recession began 4 months earlier - in February! I probably don't need to remind you that the stock market bottomed in March in 2020. So yes, it bottomed after the start of the recession, but that fact was clearly not helpful. In case you're wondering... By June 9th, when the recession was declared official, the SPY had already rallied 47% percent from its March low. Be careful how you use recesions to time your investments. [image] [Click here if you'd like a way to grow your wealth with the market without worrying about when or if the recession will start (and recessions are inevitable).]( Don't hesitate. The system you're about to discover is already up 8% for the year, and it was up in 2022 despite the bear market. Best wishes for your trading, Geoff Bysshe President MarketGauge P.S. Got Questions? If you don’t want to miss your opportunity to use the Large Cap Leaders system, and you’d like to discuss it further with us, [use this link to book a consulting call with Rob Quinn](=), our Chief Strategy Consultant, or send him a text/call at (407) 770-7637. There’s no pressure to buy anything, and he can also share other bear market solutions in addition to opportunities to have strategies auto-traded for you! Get more - follow us here... Twitter [@marketgauge](=) and [@marketminute]() and [Facebook]() To stop receiving this go [here.]() Got Questions?Office hours 9-5 ET (New York time) Email: info@marketgauge.com Live Chat: Go to bottom right corner of our [home page.]( Call: 888-241-3060 or 973-729-0485 There is substantial risk of loss associated with trading any securities including and not limited to stocks, ETFs, futures, and options. Only risk capital should be used to trade. Trading securities is not suitable for everyone. 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