20X your money from Steve Jobs’s “final gift”?

The Turmoil Will Get Worse, But This Is How Bull Markets Are Born... [View Online](=)|[Unsubscribe]( [Street Authority Daily] -[]Recommended Link [20X your money from Steve Jobs's "final gift"?]( Back in 2008, just a year after the release of the iPhone, Steve Jobs was already dreaming up Apple's "Next big thing." [A product that's been buried in secrecy for over a decade...]( It wasn't the iPad, the Apple Watch, a pair of headphones or some futuristic set of "smart" glasses. But it could hand you a $190,717 fortune in the weeks and months to come. [Click here to discover the secret behind Steve Jobs's Final Gift.]( May 2, 2022 The Turmoil Will Get Worse, But This Is How Bull Markets Are Born... By Jimmy Butts [Jimmy Butts] It's hard to believe, but at this point last year, the S&P 500 was up over 11% on its way to a stellar annual 29% performance. The biggest decline for the year was 5%. The Nasdaq 100 Index soared over 28% last year. What a difference a year makes. So far, 2022 has been a drastically different story… -[]Recommended Link [Bet You've Never Seen Dividends This High]( Like any other investor, I try to buy low and sell high… but the BIG difference with me is that I focus on a certain group of incredibly generous stocks. In fact, I have 37 of these cash cows in my portfolio right now… and for every dollar invested in them, they are sending us 26 cents in dividends. When you start getting paid 26% on your money… your financial problems pretty much evaporate. Interested in increasing your income? [Discover the 37 "Cash Cows" that could hand you incredible income-now]( We started with the first correction (defined as a pullback of over 10%, but less than 20%) in two years. Then we got a nice 11% rally in just two weeks. And now we're drifting back toward that prior low. The Nasdaq has been even worse. The tech-heavy index tumbled 20% in the first six weeks of the year. Then, it rallied 17% in two weeks, and then decided to it was afraid of those heights and is once again hovering around those previous lows. And here's the thing… I don't think it's going to be any easier trading this market going forward. In fact, I see more pain ahead. Bad News: The Turmoil Is Going To Get Worse As many of you know, I pen a newsletter called [Capital Wealth Letter](. That advisory is geared more towards long-term investing. I look for undervalued assets, major trends or themes, or what I've called "crisis investing" opportunities. We even dabble a little in cryptocurrency. In my January 2022 issue, I told readers that I was concerned about the stock market. I stated that I was seeing "warning signs that indicated we could be in for a very rude awakening." I went into detail about why. But the short of it was that I was concerned about the winding down of the Fed's massive money printing "experiment," the trillions handed out from the government during the pandemic, and the eventual hike in interest rates. I warned: The easy-money policy of the Fed is like heroin. It's gotten us all extremely high, and I can only assume that we may have some withdrawals as these injections end, which the Fed has indicated they will by March. The problem is that although the Fed indicated it would begin its tightening process by March, they have yet to actually turn off the spigots. As you can see in the Fed's balance sheet, it keeps creeping higher. Keep in mind that it's not just the Fed turning off the printing presses that will be a headwind for the markets. We have soaring inflation, which the Fed will attempt to combat by increasing interest rates. To top it off, the market is extremely stretched in terms of valuation. The cyclically adjusted P/E ratio (CAPE) for the S&P 500 is sitting at 33, which is more than double its historical average of 15.9. We're already seeing big selloffs in many of the top tech names… shares of Netflix (NFLX) have been cut in half, Google parent Alphabet (GOOGL) missed earnings and traded sharply lower, and social media giant Meta Platforms (FB) is down over 50%. It isn't pretty, and it's probably going to continue to be a tough market environment for the remainder of the year. The Good News: It Will Get Better, So Get Ready... Okay, enough with the doom and gloom… There are some bright spots. For one, corrections and bear markets are normal. They happen. It's just a matter of how we trade and survive them. First, stocks get cheaper in times like these. According to FactSet, the blended (which combines actual results for companies with estimated results for companies that have yet to report) earnings growth rate for the S&P 500 for Q1 2022 is 6.6%. Just over 20% of companies have reported earnings so far. Now a 6.6% earnings growth rate (if that ends up being the actual growth rate for the quarter) would mark the second-lowest earnings growth rate since Q4 2020. But we have to understand that although small, earnings are still growing. If earnings grow and prices fall, well then the market's valuation will fall drastically, and it will no longer be "overpriced." When a bear market ensues, investors get chewed up and spit out. Most throw in the towel. When that sentiment reaches this point, that's when a new bull market will be born. And we will be there to take full advantage. Editor's Note: Another bright spot in the market has been in the oil & gas sector - and there's still time to profit… Oil prices have been on a roller coaster ride. But the swings are getting smaller and less dramatic. That's a good thing. The other bonus is that oil prices are still around $100 per barrel. That's well above the "breakeven" price at which oil companies turn a profit. I think the momentum in oil will continue to be in our favor, and I've offered a few ideas to profit. But my colleague Nathan Slaughter may have found a pick with the most upside of just about anything I've seen... To get the full details on this "under-the-radar" opportunity, [go here now.]( -[]Recommended Link [How to collect cold, hard cash every month of the year]( [How to collect cold, hard cash every month of the year]( There's nothing like the feeling of a cash payout hitting your account. Unfortunately, most income stocks only payout once every 90 days… If you're tired of waiting around for your income… I've got good news for you. I've just put together an exclusive presentation that reveals 12 simple stocks that payout every single month… no day trading, no crypto, no fancy options plays… [Simply put these 12 stocks in your portfolio and watch the money roll in.]( 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. You are responsible for your own investment decisions and should always conduct your own research and due diligence and consider obtaining professional advice before making any investment decision. This message was sent by an automated message delivery platform. Please do not reply to this email address. Any messages sent to this address will be automatically deleted. We sincerely hope that you benefit from your subscription to this complimentary newsletter, and we're willing to do whatever it takes to keep you as a satisfied subscriber. You may contact our customer service department by [visiting this link](. To update your subscription or unsubscribe, please [click here](. Copyright (c) 2022 StreetAuthority, 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043. All rights reserved. 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