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Expect 21% Upside After This One-Day Crash

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Tue, Jun 18, 2024 11:33 AM

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One group of stocks has already begun to soar after its recent nosedive. And we shouldn't expect the

One group of stocks has already begun to soar after its recent nosedive. And we shouldn't expect the rally to end... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [DailyWealth] Editor's note: The markets and our offices will be closed tomorrow, June 19, in observance of Juneteenth. Your next issue of DailyWealth will publish on Thursday. We look forward to rejoining you soon. --------------------------------------------------------------- Expect 21% Upside After This One-Day Crash By Brett Eversole --------------------------------------------------------------- Narendra Modi won his first election as Indian prime minister 10 years ago. He ran on a platform of economic reform. His goal was to make it easier to do business in India. And based on the stock market, his efforts paid off... Indian stocks have returned more than 150%, including dividends, since Modi took power. That's less than the U.S.'s nearly 250% total return... But it absolutely crushes the meager 22% return of emerging markets over the same period. Put simply, Modi has been good for Indian stocks... at least, until recently. When he won a third term earlier this month, the Indian market crashed. That decline isn't likely to last, though. According to history, we should expect a double-digit gain in Indian stocks over the next year. Let me explain... --------------------------------------------------------------- Recommended Links: [Real Money Demo of Our Most Successful Research Service]( PGA Tour professional golfer Kevin Kisner will try to collect $4,000 in 60 seconds, without touching stocks, bonds, or any conventional investments up front. Win or lose, you can watch his entire transaction... and see how we've booked a 94% success rate since 2010. [Click here (includes free recommendation)](. --------------------------------------------------------------- [Obama's 2024 Surprise: His Secret Plan to Finish What He Started]( The ONLY way Democrats can keep the White House is to bring back Barack Obama. And there's a sneaky (yet 100% legal) way to achieve this. In fact, this disaster scenario is already underway. See what they're up to and how you can get ready today. [Here's the full video exposé](. --------------------------------------------------------------- Modi just won a third term as Indian prime minister earlier this month. But it wasn't the sweeping victory that many expected. Instead of consolidating power, Modi's party failed to take full control in Indian parliament. They won 289 of 543 seats. That was well below the expectation of around 350 seats... and even further from the 400 Modi hoped to win. This means Modi won't be able to push his economic reforms as aggressively. And the Indian stock market didn't like the news... The benchmark BSE SENSEX Index fell 6.3% in a single day when the news hit. That's one of the worst one-day falls on record. And it wiped away all the gains of 2024. Take a look... The crash was quick and painful. But as you can see, the market has already regained its prior highs. And we can expect the new rally to continue... That's because Indian stocks have a history of soaring after painful one-day declines. These setups don't happen often – just once every two years since 1979. However, they consistently lead to big gains... Most U.S. investors don't think much about India. Yet this market has a history of producing impressive returns. It has gained 9.5% per year since 1979... And that's in U.S.-dollar terms, which means currency distortions haven't thrown off the numbers. Still, if you buy at the right times, you can do much better than that. And today's setup is one of those times... Similar instances led to 6.4% gains in six months and 21.4% gains in a year. Those gains crush the typical buy-and-hold returns. Plus, stocks were higher a year later 82% of the time. Indian stocks have already begun to soar after their recent nosedive. And we shouldn't expect the rally to end. Instead, this is a market to consider right now... because 20%-plus gains are possible over the coming year. Good investing, Brett Eversole Further Reading Volatility just hit a major low. But this isn't the "calm before the storm." In fact, history shows that buying stocks in low-volatility environments can pay off in a big way... [Read more here](. Utilities have soared recently. Investors have high hopes for this sector, thanks to new energy demand from AI. But unlike the surge in Indian stocks, this rally may not be a good sign... [Learn more here](. --------------------------------------------------------------- [Tell us what you think of this content]( [We value our subscribers' feedback. To help us improve your experience, we'd like to ask you a couple brief questions.]( [Click here to rate this e-mail]( You have received this e-mail as part of your subscription to DailyWealth. If you no longer want to receive e-mails from DailyWealth [click here](. Published by Stansberry Research. You're receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.

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