"Those Bastards!"

Graft in the halls of power. You are receiving this email because you signed up to receive emails from True Market Insiders, rebranding to Sector Edge. [Unsubscribe here]( Keep the emails you value from falling into your spam folder. [Whitelist True Market Insiders](. Forgot your login information? Click [here](. [Image] Weekly Market Update Today is October 21, 2022 Good afternoon. If you’re looking to relax ahead of the weekend, then think twice before you read what follows. Because it might boil your blood. An investigative report by the Wall Street Journal has confirmed what everyone already suspected. Bill Spencer Editor-In-Chief True Market Insiders The gist is that hundreds of senior officials – with uncanny timing – sold off their holdings just as the government was about to mandate lockdowns. According to the Journal, “A deputy to top health official Anthony Fauci reported 10 sales of mutual funds and stocks totaling between $157,000 and $480,000 that month. “Collectively, officials at another health agency, Health and Human Services, reported 60% more sales of stocks and funds in January than the average over the previous 12 months, driven by a handful of particularly active traders.” And then, officials bought shares in companies – again, with the timing of a swiss watch – just as the feds were getting ready to stimulate the economy. “By March, agencies across the government were working on wide-reaching measures to prop up the economy and markets. “Then-Transportation Secretary Elaine Chao purchased more than $600,000 in two stock funds while her agency was involved in the pandemic response and her husband, Republican Sen. Mitch McConnell, was leading negotiations over a giant, market-boosting stimulus bill.” Those Bastards! The following two images show what happened. We have the “Sell side”... And the “Buy side”... What’s particularly galling is that this wasn’t the only story the Journal broke detailing shenanigans at the highest levels of governmental agencies.   [A financial nightmare is plaguing millions of Americans]( A 28-year Wall Street veteran is breaking his silence to prepare you for the[“financial Armageddon”]( is consuming every last cent you own. Discover the 5 critical steps you must take to preserve your wealth. [Here’s all the details >>](   Get a load of this beauty from October 11. If you needed redundant proof that the game is rigged and that markets aren't even remotely a level playing field, there you have it. I don’t think anyone should really be surprised that monkey business like this goes on. When you have that many interested parties… who stand to make that much money… and the chances of being held to account are slim to none… The odds of malfeasance taking place rises to 99.99999%. And, ultimately, I don’t think you and I should get too incensed over this. Yes, the brazenness of these ne'er-do-wells is astonishing. But at the end of the day, their actions don’t in any way affect our approach to seeing and trading the market. Selling is selling, whether done by unethical insiders or squeaky-clean servants of the people. When there’s a lot of it, prices fall. We have the tools for seeing (and, more importantly) confirming that price action. Buying is buying no matter who is doing it or why or whether they “should be” doing it. Again, we have tools to spot the effects of that price action. Finally, a few million dollars worth of stock bought or sold by insiders is a drop in the bucket compared with the tens of billions and even hundreds of billions worth of stock that the giant hedge funds buy and sell as a matter of routine. That’s where the real action is. And that’s what our tools were designed to detect. For example, we’re able to spot when Demand is returning to the market, something that has been happening with increasing energy these past few weeks. Here’s the US Industry Bell Curve, one of the “breadth” indicators that comes with Sector Prophets Pro, our sector research and data platform. Right now Demand (the bulls) control 28 sectors (the ones in blue). Supply (The bears) control just 17. This picture of the “inside of the market” stands in stark contrast to the picture we saw just one week ago. Then, the numbers were reversed. The bears controlled 28 sectors (the ones in red) while the bulls controlled just 17. That tells us that the current market rally is very broad-based. Giant institutions are spreading their capital around a lot of sectors. Can we spot which of those sectors is strongest? And most worthy of our investing dollars? We can. For weeks now, our Sector Relative Strength Matrix (another tool you get with Sector Prophets Pro) has shown that the Oil Service sector has been outperforming all others. In the image below, you can see that Oil Service is ranked #1. And here’s something else about Oil Service, something I’ll bet none of your investing buddies knows or even thinks about. When this particular sector is at the top of the rankings (say, the top 15 spots out of 45) it tends to hang around for a while. We know that because we see it on our Sector Relative Strength Ranking History. The highlighted portion shows when Oil Service was ranked from between #1 and #15. That’s a pretty useful piece of sector/market intel. For more on the market’s latest moves, check out Chris Rowe’s article from this past Tuesday (“[Technical Tuesday - Here’s 3 High “Energy” Stocks]( And be sure to watch the video linked at the bottom of the article. You’ll see me, Chris and Costas Bocelli hosting the latest installment of our brand new feature, “Tuesday Morning Quarterbacks.” Now let’s move on to… THE TRADE OF THE WEEK Every Friday we’ll spotlight a particular successful trade from one of the True Market Insider editors. Here is this week’s winner. Editor: Bill Spencer Trade: a bullish play on TETRA Technologies, Inc. (TTI). What happened: I’d been watching the Oil Service sector throughout the bear market. [In my “Micro-Cap Monday” column of October 17]( I wrote about a small company that offers what are called “completion fluids.” I’d never heard of completion fluids, but they're indispensable to the oil and gas industry. At press time on Monday TTI was trading at $3.75. Today the stock got as high as $4.57. That’s a gain of +21.86% in less than five trading days. Before we go off to enjoy the weekend… one quick thing. I can be sort of nonchalant about insider trading, like what we’re seeing in the halls of Congress. But I’d be lying if I said that some of what's going on in the US right now didn’t have me concerned. We’re out of space here, but you should know that none other than Chris Rowe just released [a brand new video]( about a potential "wealth catastrophe" brewing right now. I think you should hear what Chris has to say. If only to [make sure you're prepared for what's coming](. Thanks for reading, and enjoy your weekend! Bill Spencer Editor-in-Chief, True Market Insiders   [Technical Tuesday - Here’s 3 High “Energy” Stocks]( [The 3 Key Money-Making Ingredients]( [Here’s Your Blueprint To A Wealthy Retirement ( 3 Simple Steps)]( [Bonus Video Featuring Special Guest Lance Ippolito](     You can [change your preferences here]( DISCLAIMER ©2022 by True Market Insiders, LLC, Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: True Market Insiders, 7901 4th St. N STE 6113 St. Petersburg, FL 33702. The information contained herein has been prepared without regard to any particular investor’s investment objectives, financial situation, and needs. Accordingly, investors should not act on any recommendation (express or implied) or information in this material without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis for their investment decisions. True Market Insiders LLC is not an investment advisor and is not licensed to give specific financial advice. The chairman of True Market Insiders, Chris Rowe, is also the CEO, CIO and owner of Rowe Wealth Management LLC, which is not owned by and is not the owner of True Market Insiders. For more detailed information you can click here: [Website]( | [Discourse & Privacy Policy](