'Buy When There's Blood in the Streets'

When it hurts so good... Mom-and-pop investors are sour on stocks... 'Buy when there's blood in the streets'... Stay patient and picky, though... Steve Sjuggerud is breaking his silence... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [Stansberry Digest] When it hurts so good... Mom-and-pop investors are sour on stocks... 'Buy when there's blood in the streets'... Stay patient and picky, though... [Steve Sjuggerud is breaking his silence](... --------------------------------------------------------------- Sometimes things are so bad, they're good... I (Corey McLaughlin) have been talking a bit this year about [the "half and half" market](. Roughly half of the stocks trading in the U.S. have been trading above their long-term price trend, and the other half have been trading below. This is still the case this week. About 54% of the few thousand stocks listed on the New York Stock Exchange are trading above their 200-day moving average, a simple technical measure of a long-term trend. Roughly 46% are below... In simple terms, some stocks have been going up over the past 10 months of trading while others are still in downtrends over that same span. Today, though, I want to talk about another feature of this half-and-half market we haven't specifically mentioned yet... Sentiment around stocks is pretty sour in general. A 20% cut in the major U.S. stock indexes, the worst year for bonds since the 1700s, and gold trading largely sideways for a little more than a year will do that to people. But, as we have seen so many times in market history, when things are bad for stocks and/or the economy, it can mark great long-term buying opportunities that folks rarely experience... As we'll show today, courtesy of our colleague Brett Eversole, right now could be just such an opportunity... It might not feel like the time to buy, but that's the point... As Brett shared earlier this month [in the free DailyWealth newsletter]( at least one portion of everyday "mom-and-pop investors" have rarely been so down on the markets. Maybe you're one of them... Brett cited a sentiment measure compiled by TD Ameritrade, one of the largest brokerages in the U.S. The company has more than 11 million individual accounts totaling $1 trillion-plus in assets, and the brokerage analyzes clients' accounts to create a powerful gauge... It's called the Investor Movement Index ("IMX"). It includes data like account holdings, position changes, and trading activity. And each month, the index tells us if regular investors are bullish or bearish. Like most sentiment indexes, though, this is a contrarian tool. When the IMX reading is low – and investors are scared – we want to consider buying. And that's exactly where we are right now. Take a look... The IMX crashed throughout 2022. And it hit its lowest level of the year in November and December. This was one of the lowest readings since the index began in 2010. The "crowd" – at least the crowd of TD Ameritrade's customers – is not enthusiastic about stocks nowadays. And this is precisely the time when you want to think about getting bullish on stocks... and go against the fearful emotions your body might be signaling to you... 'Buy when there's blood in the streets'... As Brett showed, in the past, similar lows in this reading from TD Ameritrade have proven to be solid buying opportunities over the long run... To see this, I looked at each time the IMX hit a new low at today's level or lower. Here's how stocks performed after those setups... These are downright impressive numbers. Stocks have jumped 11% in a typical year since this index's data began. But buying after setups like today's crushes that return. These cases led to gains of 13.7% in three months, 23.5% in six months, and 24.7% over the following year. That's nearly five times better than the typical six-month gain and more than double the typical annual gain. As Brett said... "You want to buy when there's blood in the streets..." The saying is a standby for investors. But it's tough to follow in practice. It means that the best opportunities appear when times are tough... and when no one else is interested in putting money to work. It's not about being 'all in' or 'all out'... I'm not suggesting there will be great buying opportunities for every single stock out there... As we've said lately, the days of the "bull market genius" – where you could pick any name and likely make money on it – are gone. As I wrote [in the January 3 Digest]( the key words for successful investing this year might be patience and prudence. However, a "sea change" into a higher-interest-rate era and different investing climate can be a great thing for savvy investors... Recognize the features of today's environment, and your portfolio can benefit. Conversely, ignore what's happening now at your own peril. You'll never hear me declare in black and white terms a time when you must buy and a time to definitely sell. (If I do, please point it out.) There's always gray area, and you need to consider your own goals, risk tolerance, and investing time horizon when making portfolio decisions. But based on the negative sentiment among everyday stock owners today, staying "all out" of this market might not be the wise thing to do if you're interested in seeing some gains in your portfolio this year. Let's remember, the past is the past. We don't want to ignore the past (and the troubles of the present), but it can pay to look ahead, too... Sometimes, it can hurt so good... Recently, we shared with you the 2023 outlook of our Ten Stock Trader editor Greg Diamond. Hopefully you caught his video event and why this year could be a tricky one for investors who aren't prepared for the shifts happening in the markets right now. I'm pleased to report that what should be another familiar name to longtime subscribers, True Wealth editor Steve Sjuggerud, is getting ready to share a similar message... and his advice for investing in this new year... For the first time in nearly two years, Steve is breaking his silence... That's right, he is stepping forward in a major way to give his fresh take on the markets... Steve will tell all in a free, brand-new video event debuting next week at 8 p.m. Eastern time on January 31. [You can sign up for the event here](... and just for doing so, you'll get the names and tickers of two stock picks, including one that could be headed for total disaster. It's the kind of warning Steve – with his bullish reputation – doesn't make very often... But as we've been saying, what we see now is a shifting market. Without giving too much away, I can tell you Steve believes stocks may be on the brink of "resetting" into a historic new phase... one that he believes few people will see coming... To hear all the details and get some more guidance on this half-and-half market, be sure to check out Steve's upcoming event. Again, it's totally free. We just ask that you sign up in advance so you don't miss a minute. [Click here]( to reserve your spot. And a quick note for Stansberry Alliance members... You already have access to Steve's work and will have access to any new research he and his team publish, but you are more than welcome to check out his video event as well. Gold $3,000? J.C. Parets, technical analyst and founder of AllStarCharts.com, has turned bullish on gold and has eyes on a price target of around $3,000 per ounce. "Gold is outperforming," he tells our editor-at-large Daniela Cambone, and "we may only be in the second inning" of a long trend. [Click here]( to watch this episode right now. And to catch all of the podcasts and videos from the Stansberry Research team, be sure to [visit our Stansberry Investor platform]( anytime. --------------------------------------------------------------- Recommended Links: [Steve Sjuggerud's 2023 Melt Down Warning]( "I've stayed quiet for a while now, but when I saw these numbers, I knew I had to step forward... because the market is about to enter a completely NEW phase." Steve recently ordered our firm to put everything aside and prepare for him to go live with his most important warning since he called the Melt Up back in 2015. [Click here for full details](. --------------------------------------------------------------- ['THIS WILL DEFINE MY LEGACY']( To ring in the new year, Dr. David Eifrig is reopening his original briefing on his No. 1 biggest discovery in 15 years (and more than four decades in the markets). He has already shown readers big double-digit gains since last July... even while the broader markets suffered. But see why 2023 could be the best year yet for this strategy, [right here](. --------------------------------------------------------------- []New 52-week highs (as of 1/23/23): Aehr Test Systems (AEHR), CTS (CTS), iShares MSCI Mexico Fund (EWW), Fluence Energy (FLNC), Hologic (HOLX), Flutter Entertainment (PDYPY), and Revance Therapeutics (RVNC). In today's mailbag, feedback on [yesterday's Digest]( about the U.S. government's "debt ceiling"... Do you have a comment or question? As always, e-mail us at feedback@stansberryresearch.com. "EXCELLENT summation of the Debt Ceiling sham, sir! WHAT a COMPLETE Farce. OUR government IS SO Sad... but VERY REAL. 'For the people,' has NO meaning." – Paid-up subscriber Bill S. "Dear Corey, Congrats, your articles are timely and poignant. But I still maintain they could be half their word size without losing your well-focused, intellectual points!" – Paid-up subscriber Herman V. Corey McLaughlin comment: In the interest of brevity... noted. "We might as well face it, if our government has to borrow $1.2 trillion each year to make ends meet, there is no way we can legally pay back our national debt with U.S. dollars until our dollar becomes equivalent to monopoly money. That doesn't mean there won't be a payback by other means for our extravagance and lack of stewardship. "As much as we may complain that we are suffering due to our government's excessive spending, let's not forget that the other countries around the world are suffering more severely because they are paying for our extravagance by lending us money that will be paid back with worthless dollars. They know this, and it's only a matter of time before they rid themselves of dependance on the U.S. dollar. When they finally rid themselves of it, the payback of our federal debt will become effective. "We, well maybe not all of us, but certainly our children, grandchildren, their children, and their children's children will experience what it's like to live in poverty – the kind of poverty currently being experienced by the starving poor in the underdeveloped countries. Printing more U.S. dollars will be as useless as Argentina printing more pesos. No country will lend us. The Federal Reserve will cease to be our lender of last recourse. They will move on to better pastures. "Let's not be naïve thinking that the U.S. government will sit quietly allowing the above scenario to take place. With our mighty military you mentioned, our government will escalate conflicts in order to save the mighty dollar. If we would be willing to open our eyes, we would see this process has already been in motion for several years. It can only escalate because even if we were to recognize that we have not been faithful to the responsibility of managing the world's reserve currency, it is not in our human nature to turn the baton over to another even if we think they may do a better job. "The king of the hill doesn't go down without a fight. The debt will be paid back in blood, sweat, and tears." – Paid-up subscriber Luis A. All the best, Corey McLaughlin Baltimore, Maryland January 24, 2023 --------------------------------------------------------------- Stansberry Research Top 10 Open Recommendations Top 10 highest-returning open positions across all Stansberry Research portfolios Stock Buy Date Return Publication Analyst MSFT Microsoft 11/11/10 869.8% Retirement Millionaire Doc ADP Automatic Data 10/09/08 854.8% Extreme Value Ferris MSFT Microsoft 02/10/12 746.3% Stansberry's Investment Advisory Porter WRB W.R. Berkley 03/16/12 623.9% Stansberry's Investment Advisory Porter ETH/USD Ethereum 02/21/20 574.5% Stansberry Innovations Report Wade HSY Hershey 12/07/07 518.6% Stansberry's Investment Advisory Porter BRK.B Berkshire Hathaway 04/01/09 450.4% Retirement Millionaire Doc AFG American Financial 10/12/12 442.8% Stansberry's Investment Advisory Porter ALS-T Altius Minerals 02/16/09 331.6% Extreme Value Ferris FSMEX Fidelity Sel Med 09/03/08 315.6% Retirement Millionaire Doc Please note: Securities appearing in the Top 10 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the model portfolio of any Stansberry Research publication. The buy date reflects when the editor recommended the investment in the listed publication, and the return shows its performance since that date. To learn if a security is still a recommended buy today, you must be a subscriber to that publication and refer to the most recent portfolio. --------------------------------------------------------------- Top 10 Totals 4 Stansberry's Investment Advisory Porter 3 Retirement Millionaire Doc 2 Extreme Value Ferris 1 Stansberry Innovations Report Wade --------------------------------------------------------------- Top 5 Crypto Capital Open Recommendations Top 5 highest-returning open positions in the Crypto Capital model portfolio Stock Buy Date Return Publication Analyst ETH/USD Ethereum 12/07/18 1,319.4% Crypto Capital Wade ONE-USD Harmony 12/16/19 1,156.6% Crypto Capital Wade POLY/USD Polymath 05/19/20 1,054.4% Crypto Capital Wade MATIC/USD Polygon 02/25/21 890.0% Crypto Capital Wade BTC/USD Bitcoin 11/27/18 509.9% Crypto Capital Wade Please note: Securities appearing in the Top 5 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the Crypto Capital model portfolio. The buy date reflects when the recommendation was made, and the return shows its performance since that date. To learn if it's still a recommended buy today, you must be a subscriber and refer to the most recent portfolio. --------------------------------------------------------------- Stansberry Research Hall of Fame Top 10 all-time, highest-returning closed positions across all Stansberry portfolios Investment Symbol Duration Gain Publication Analyst Nvidia^* NVDA 5.96 years 1,466% Venture Tech. Lashmet Band Protocol crypto 0.32 years 1,169% Crypto Capital Wade Terra crypto 0.41 years 1,164% Crypto Capital Wade Inovio Pharma.^ INO 1.01 years 1,139% Venture Tech. Lashmet Seabridge Gold^ SA 4.20 years 995% Sjug Conf. Sjuggerud Frontier crypto 0.08 years 978% Crypto Capital Wade Binance Coin crypto 1.78 years 963% Crypto Capital Wade Nvidia^* NVDA 4.12 years 777% Venture Tech. Lashmet Intellia Therapeutics NTLA 1.95 years 775% Amer. Moonshots Root Rite Aid 8.5% bond 4.97 years 773% True Income Williams ^ These gains occurred with a partial position in the respective stocks. * The two partial positions in Nvidia were part of a single recommendation. Editor Dave Lashmet closed the first leg of the position in November 2016 for a gain of about 108%. Then, he closed the second leg in July 2020 for a 777% return. And finally, in May 2022, he booked a 1,466% return on the final leg. Subscribers who followed his advice on Nvidia could've recorded a total weighted average gain of more than 600%. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest [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. 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