You're about to be buried in stock-market bargains

Get that shopping list ready. [Logo]( Weekly Market Update Today is October 6, 2023 Dear Reader, Hello and Happy Friday. There are just 48 days until Thanksgiving… Which means just 49 days until Black Friday. That’s the annual retail feeding frenzy that makes a swarm of locusts look like an old couple out for a stroll. Bill Spencer True Market Insiders I think every year one American state, chosen at random, should adapt Black Friday in a particular way. The most coveted item in the state’s biggest department store (say a 110-inch wide-screen TV), would be offered up for free. Once the doors fly open at midnight on Thanksgiving… Black Friday shoppers, hopped up on pie and stuffing, would scramble over each and wrestle the prize from under the pile of bodies and out onto the roof of their car. The winner would be proclaimed Governor and would serve out a four-year term. I’ve lately been thinking a lot about Black Friday, and about feeding frenzies. That’s because right now the stock market is edging toward a bottom – the low from which there’s nowhere to go but up. That’s when your biggest, fastest gains are made. Miss that jumping off point, and you’ll have to wait years for a comparable buying opportunity. Trouble is, by the time the bottom arrives, most investors are so shell-shocked by the preceding decline… They can barely get back onto their computers much less back into the market. Don’t be like those timid souls. There’s nothing to fear (unless you’re scared of potential sky-high profits). Historically, we see that low around the middle of October, give or take a few weeks. Here’s a chart showing the S&P 500 over the past 15 years. The green arrows point to 13 previous October - November bottoms. Here’s what the market did in the six months following some of those important lows.     2011… 2012… 2014… 2016… 2020… 2022… I wish I could give you the date and time the market finally throws in the towel and stocks start heading higher. I can tell you that right now the bears control 100% of market sectors. That’s the US Industry Bell Curve from Sector Prophets Pro, our sector research and data platform. There are 45 boxes representing 45 sectors. When a box is read, it means bears are in control. Bears are sellers. They’re focused on driving the market down. At a market bottom, all the selling that was gonna happen has happened. When the bulls take the field, tempted off the sidelines by bargain-basement stock prices… The supply of shares that typically keeps prices from rising won’t be there. So there’s nowhere to go but up. That’s why they call October “the bear killer.” Get that shopping list ready. And have a great weekend! Bill Spencer Editor-in-Chief, True Market Insiders P.S.: Did you know that over the past four years, October has been the most profitable month for cryptocurrencies? This year is no different, with Bitcoin shooting up 5% on October 2nd. But Bitcoin’s not where you'll make the biggest crypto gains. As all seasoned crypto investors know… [when Bitcoin rises, smaller “altcoins” usually follow suit](. Again, nothing suggests this October will be any different. This isn’t just my opinion. I got that intel from the #1 crypto expert in the world – Marco Wutzer. Marco is bullish on cryptos right now… [And you should be as well](.   [How to Get Paid Trying to Buy Your Favorite Stocks]( [Could a Gov’t Shutdown Wreck Your Portfolio?]( [These 3 Small-Caps Are Set to Gain by Double Digits]( [YouTube]( [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( DISCLAIMER ©2023 by True Market Insiders, LLC, Protected by copyright laws of the United States and international treaties. 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