“Black Gold” Discovery in Texas Could Mean Huge Profits

[2022 PREDICTION] My Honest Take On The Market Pullback... [Profitable Trading] [“Black Gold” Discovery in Texas Could Mean Huge Profits]( [“Black Gold” Discovery in Texas Could Mean Huge Profits]( Everything is bigger in Texas… including the profit opportunities. In west Texas, government officials have verified the discovery of [the largest natural oil reserve in HISTORY]( - one that could power America for 49 years… Now, one "middle of nowhere" company is ready to uncork nearly a BILLION barrels of "black gold" .Make the right move now and you could watch every $1,500 invested, rocket up to $61,832 (or more). [Find out how to profit from the "mother of all oil booms" - HERE.]( 12/23/2021 [2022 PREDICTION] My Honest Take On The Market Pullback... --------------------------------------------------------------- By: [Nathan Slaughter]( In a message to my Takeover Trader premium subscribers yesterday, I joked that Saint Nick seems to be running late this year. You see, we typically see a rally in the markets in the runup to Christmas. It's a pretty common occurrence - so much so that market watchers expect it each year. But we haven't really seen that so far this year. The major averages have been teetering in recent sessions - in fact, this week started with another steep selloff. The Dow bled more than 400 points, while the Nasdaq suffered an even steeper decline in percentage terms. [The ONE thing these profit "waves" all have in common]( Every few years a massive profit "wave" washes across markets, handing investors the chance to make fortunes. For 25 years, I've watched these waves (which all have ONE thing in common) drop gains of 366%, 784%, 1,427% and more into investors' laps. But that's nothing compared to what we could see from the latest profit wave about to wash across the markets. This one is set to drop total gains of 3,060% into investors' laps.[Click for the full story- NOW.]( If you've tuned out of the markets between Thanksgiving and now, I don't blame you. A lot of people do. But that's also part of the problem. As I've mentioned before, growing anxiety over the Omicron variant of Covid is partly responsible for the walloping. This infectious new strain is rapidly taking hold across the globe, though thankfully it has been tamed by vaccines, and symptoms are reported to be mild. By early December, there wasn't a single documented death from Omicron anywhere in the world, according to the World Health Organization (WHO). But that hasn't stopped leaders from scrambling to implement yet another round of travel restrictions. The Netherlands has imposed a strict lockdown until next month. Here in the United States, the virus has led to the cancellation of everything from NHL hockey games to Broadway musicals. My Honest Take It's easy to see why investors have been on edge. But at this point, the impact on near-term earnings appears to have been overstated. Personally, I think we have much more to fear from Jerome Powell and his Fed cohorts, who have finally acknowledged persistent inflationary pressures and telegraphed the potential for as many as three interest rate hikes in 2022. With corporate America racking up $11.2 trillion in debt (more than the GDP of Japan, Germany, and India combined), the prospect of higher borrowing costs and refinancing rates is sobering, to say the least. We've been in a debt-fueled rally for years, and the tank could be running dry. This is a topic I intend to delve into deeper as we head into 2022. But suffice it to say, this is a big reason why the tech sector has been pummeled lately. The Nasdaq has dropped about 7% peak-to-trough, not far from correction territory. As my colleague John Persinos over at Investing Daily recently [pointed out](, future cash flows are valued according to the prevailing interest rate. Since the tech sector is more growth-oriented than others, its future earnings are now worth less in a rising-rate environment. Because of this, many former highfliers have suddenly come crashing back to Earth. As my colleague Jimmy Butts [just pointed out](, Cathie Wood's flagship ARK Innovation ETF (NYSE: ARKK), which was all the rage in 2020 thanks to holdings like Square and Shopify, has shed about 40% of its value in 2022. In all honesty, we were probably due for a day of reckoning. The question is how extensive will it be? Valuations in this corner of the market had been severely stretched. Heck, electric vehicle maker Rivian Automotive (Nasdaq: RIVN) still has a market cap of $80+ billion and doesn't even have any revenues yet - let alone earnings. This is what Alan Greenspan was talking about all those years ago with the term "irrational exuberance." Closing Thoughts Frankly, asset prices had become divorced from their underlying fundamentals in many cases. So this correction is healthy. And yes, the indiscriminate selling has ensnared some of our holdings over at Takeover Trader, but this is why I don't advocate putting all of your eggs in one basket. We still hold a number of positions that are firmly in the green - and we've booked more than a few winners this year. Who knows... Maybe Santa will make a late appearance this week and market sentiment will perk up. But it's a busy week for economic reports, including Wednesday's read on consumer sentiment (which may be out by the time you're reading this). So more volatility probably lies ahead. And don't forget, thin trading volume during the holidays tends to exaggerate price swings. Either way, while I remain somewhat cautious, this rotation has put many attractive (but overpriced) candidates back within reach. This pullback may not have fully run its course, but I'll be eager to look at some of the names on my target list as we enter the new year. In the meantime, I just released a report about "the mother of all oil booms" - and how we can profit... Tucked away in the middle of the desert in West Texas lies the epicenter for one of the biggest oil finds I've ever seen. There's already a massive wave of deals happening here - but we haven't even seen the beginning. And I've found one small company that's right in the heart of all the action... By getting in now before the rumor mill picks up, investors have the chance to pocket triple-digit gains, potentially overnight. [Go here now to learn more about my top pick to profit...]( [How On Earth Did Wall Street Miss This ]( [How On Earth Did Wall Street Miss This "Little" $10B Detail?]( Once again, Wall Street's "masters of the universe" have failed in epic fashion. They've completely ignored a critical detail revealed during a recent corporate earnings call… one that practically screamed "BUY NOW" to anyone who was paying attention. Discover how to turn Wall Street's failure into a 1,919% win. A brand-new, exclusive briefing reveals exactly how to claim your stake today…[Click here for full details.]( 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.7780%2Cmid.10152%2Cshsh.09088c3f4509d620ca5ad95dcbb462cb%2Cct.newsletter&src=email.sacio_7780.hs-ciosa.10152&utm_campaign=ptnl_122321&utm_medium=email&utm_source=hs-pt_ptnl) to your address book. 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