Beware - The ugly charts are back again

[Company Logo] The same ugly charts I showed you near the market lows last October are back... Hi Trader, Last Fall I hosted a presentation about how you can take control of building your wealth confidently even in volatile and uncertain times. It's time to share this powerful information again. At the time of the last presentation, I sent the then "current charts and news" you'll see below, along with the message you'll also read below. Since that late September message (below), the markets have had a record breaking bullish run which surprised most investors. Now, the news is very different, but... The markets are going to do it again. "...do it again." = another big move. This Thursday evening I'm hosting a presentation similar to the one I hosted last Fall to prepare for the market's next big move, and... More importantly, I'll show how you can take control of building your wealth confidently even in volatile and uncertain times. [Click here to reserve your seat now]( Here's the email from last Fall... Don't worry, this has a happy ending... Recently Bloomberg reported that the probability of a recession is as high as it’s been since 1981! See for yourself in the chart below. [image] Last week Goldman Sachs released the chart below indicating that last week active managers' portfolios experienced their biggest week-on-week decline in portfolio leverage since the depths of the pandemic bear market in 2020. In short, this means Wall Street's big active managers reduced their bullish exposure, got more defensive, etc. Is this a bearish indication that the recession is, in fact near, or... Like 2020, is this a bullish indication as a capitulation low in sentiment? [image] Data like this is never going to stop confusing investors! Markets don’t always follow common sense, and they don't always follow the news. If you want to grow your wealth in the stock market you have to know a few basic principles, and they DO NOT include figuring out what the economy is doing or professional traders are doing! Successful wealth building is much more straight forward than that. If you'd like to build your wealth without worrying about the complexity of news and the economy, let me show you a plan... That was last Fall. The market is up over 20% from then. The charts and news you're hearing now aren't about recessions and bearish investors. Bubbles. Strong economy. New highs. etc. Different themes - same feelings of confusion. So What's next? Join me for a live presentation Thursday evening. [Click here to reserve your seat for](... The 2024 Q2 Game Plan For The Active Investor When You Attend This Special Workshop You'll Discover: - WHY you should be watching for a major market move NOW. - The simple indicators that will give you the confidence to trade the major trend in markets, ETFs, and individual stocks for the remainder of 2024. - Which stocks and ETFs to buy when you get the “all clear” signal. - Which stocks and ETFs to short when the market is moving lower. - 3 Criteria you can use to identify the best trend trades right now. - How to avoid getting caught in big trend days against you (long or short). For all those reasons, I hope you’ll be able to attend this webinar on Thursday. [Click here to reserve your seat now]() Best wishes for your trading, Geoff Bysshe President MarketGauge P.S. If you trade stocks, options or ETFs you don't want to miss this! [Tap here to reserve your seat now.]() 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. No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. [To unsubscribe or customize your email settings, click here]() "Market Intelligence at a Glance + Tools For Serious Traders" [Unsubscribe]( MarketGauge.com 70 Sparta Ave, Suite 203 Sparta, New Jersey 07871 United States (888) 241-3060