My Honest Take On The Market Pullback As We Head Into 2022... [View Online](=)|[Unsubscribe]( [Street Authority Daily] -[]Recommended Link Sponsored Content [How to Buy the Hottest Cryptos at a Discount]( In my recent briefing we showed how to buy the hottest up-and-coming cryptos at discounts of up to 99.2%. Getting in at these much lower prices could have allowed investors to multiply their gains as much as 125X! All with no leverage of any kind! In this briefing we show specific examples of this strategy that could have turned a 9X gain into a 55X gain ⦠a 12x into 125X gain ⦠and a 10X gain into a mind-boggling 1,250X gain! Want to see how it works? [Check out this crypto briefing before it's too late.]( December 22, 2021 My Honest Take On The Market Pullback As We Head Into 2022... By Nathan Slaughter [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. -[]Recommended Link [I Guarantee You'll See 24 Triple-Digit Winners Over the Next 12 Month]( Just days ago, one of the country's foremost trading experts opened up a program that can turn stock moves into triple-digit gains like 114%, 211%, 246%, even 433%... sometimes in less than 2 days. We've opened 50 spots in his program, which shows you how to do it. Week in. And week out. But they're going fast⦠[Click here now for details.]( 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...]( -[]Recommended Link [Apple is about to do what to your iPhone?!]( [Apple is about to do what to your iPhone?!]( If you have an iPhone you need to [see this.]( A shocking new iPhone update is coming... And this one change could have a HUGE impact on iPhone owners over 55. I believe Apple is just days away from breaking the news to the world. But don't wait to hear about it on the headlines. It could cost you dearly. [Discover the shocking details NOW before Apple breaks their silence.]( To ensure that you receive these emails, [please add us to your address book.]( Disclosure: StreetAuthority doesn't own shares of any securities mentioned in this article. Members of our staff are restricted from buying or selling any securities for three days after being featured in our advisories or on our website. StreetAuthority is a publisher of financial news and opinions. StreetAuthority is not a securities broker/dealer or an investment advisor and we do not recommend or endorse any brokers, dealers or investment advisors. This work is based on SEC filings, current events, interviews, corporate press releases and publicly available information which may contain errors. All information contained in our newsletters and/or on our website(s) should be independently verified with the companies or sources mentioned. 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