Is “The Great Lie” destroying your retirement?

A Big Market Rotation Is Happening Right Now... [Profitable Trading] [Is ]( [Is "The Great Lie" destroying your retirement?]( Millions have fallen prey to the "conventional retirement wisdom" the Wall Street Journal recently called "The Great Lie." Are you one of them? To find out, [watch this short presentation]( where I'll reveal: the #1 reason your retirement fund is coming up short (& why it's not your fault). PLUS: you'll discover the "10-minute strategy" that [could put an extra $748 in your pocket week after week.]( 5/18/2021 A Big Market Rotation Is Happening Right Now... --------------------------------------------------------------- By: [Amber Hestla, Chief Investment Strategist]( Today, I want to spend some time looking at a table showing the performance of sectors. It also includes the S&P 500 and S&P 600. Sectors are a way to group stocks that provide similar goods or services. Looking at sector performance can provide inputs into which parts of the economy are performing well or lagging. "Leaders" can be defined as sectors that are outperforming the S&P 500, which includes the stocks from each sector. "Laggards" are trailing the S&P 500. I included the S&P 600 because it tracks small-cap stocks, and these stocks have outperformed large-cap stocks in the past year. Several time frames are shown to highlight emerging trends. The table is sorted by one-year performance. [Image: ( Now, here's what we can draw from looking at this... Tech stocks delivered the biggest gains in the past year and have been the worst performer of the past three months. Financials were the worst performers in the past year but the biggest gainers of the past three months. This is a sign of rotation. My colleague Jimmy Butts [noted]( the reversal in tech yesterday. And as he pointed out, if this continues, it can be dangerous for traders - because it's all too easy to get emotionally tied to the large gains the sector has delivered and expect them to resume. But sector rotation often occurs at important trend reversals. It's likely in the next few months we will continue to see deterioration in the sectors that led the bull market over the past year. What The Charts Are Telling Me This doesn't mean the inevitable bear market is beginning right now. But the chart of the SPDR S&P 500 ETF (NYSE: SPY) does present some cause for concern. [The Only Pot Company Of Its Kind]( I've found a company that is obligated to share its marijuana profits with investors… Out of 4,000 publicly traded stocks, this is the only one of its kind. And it will give you the opportunity to collect up to $55,362 from the legal marijuana boom. [Details here.]( As some of you may know, I've been using candlestick charts quite a bit [recently](. Well, this is a candlestick chart again. In a candlestick, the open and close are marked by rectangles, which are known as the "body" of the candle. The vertical lines above and below the candlestick are known as "shadows" or "wicks." For the [second week in a row](, we have a "hanging man" candlestick, which is a candle with a relatively small body with a long lower shadow. This tells us to expect a bullish start to the week. I've also drawn some dashed lines in the top right corner of the chart to highlight support and resistance. A breakout from that range should result in a significant price move - higher if SPY breaks out above resistance (top line), lower if it breaks out below support (bottom line). There's one more market indicator in the chart above, and that's my Income Trader Volatility (ITV) indicator. At the end of last week, ITV (red line) had moved solidly above its moving average (blue line). ITV is similar to VIX in that it rises as prices fall, so when we see red indicator line cross over and move above the blue moving average line, it's bearish. Finally, we need to look at my Profit Amplifier Momentum (PAM) indicator, which is shown in the bottom panel of the daily chart of SPY below. [Image: ( At the top right corner, I've drawn the same support and resistance lines that I included on the first chart of SPY. In the bottom panel, I've shown PAM, which is designed as a short-term indicator. The weight of the evidence is increasingly bearish. A break above resistance will negate that outlook. A break below support will reinforce that outlook. Action To Take This week, it's important to watch the price action since we are near an important turning point. Keep an eye on the levels I've noted above, as they will likely determine the direction we head from here. Either way, you need to have a plan to respond to whatever happens in the market. And that's why I'm telling readers about my the "P.I.N." code strategy to withdraw up to $748 in cash from the market - instantly - for several years now... As I've said before, I firmly believe this strategy is better than simply buying and holding a stock. It focuses on the short-term and allows us to generate income right away - which reduces our risk. This means we can easily move on to another promising trade - or repeat a similar trade in the stock if we want. Our "Personal Income Number" trades have been successful 90.2% of the time, on average - and you can start today with 3 easy steps. Want to learn more? [Go here now...]( [Mystery Heir of Edison Could be the Key to Profiting Through America's Coming Reset]( [Mystery "Heir of Edison" Could Be the Key to Profiting Through America's Coming "Reset]( In a [shocking new prediction,]( Dr. Stephen Leeb reveals the trigger for what he calls the "Great American Reset." This $118 trillion economic shift could destroy the wealth of millions. But a mystery "Heir of Edison" could be the key to surviving (and profiting from) the coming "Reset." You could potentially walk away $507,500 richer. But if you fail to act - the consequences could be enormous. [Get the full details here.]( To ensure that you receive these emails, please add [Research@ProfitableTrading.com](mailto:Research@ProfitableTrading.com?subject=Profit%20Amplifier%20Delivery&cigx=d.ciosa%2Csid.0%2Cstid.5965%2Cmid.7235%2Cshsh.09088c3f4509d620ca5ad95dcbb462cb%2Cct.newsletter&src=email.sacio_5965.hs-ciosa.7235&utm_campaign=ptnl_51821&utm_medium=email&utm_source=hs-pt_ptnl) to your address book. You are receiving this message because you subscribed to a Profitable Trading publication. 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