The Hidden Dangers Behind This Epic Rally

It might look calm now, but the storm is brewing. Here’s what you need to know. ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ Forwarded this email? [Subscribe here]() for more [The Hidden Dangers Behind This Epic Rally]( It might look calm now, but the storm is brewing. Here’s what you need to know. [Josh Belanger](joshbelanger) Aug 22 joshbelanger   [READ IN APP](   It’s the middle of August, and the markets seem to be on cruise control. The S&P has been drifting higher, logging massive gains in 8 of the last 9 trading days. But don’t be fooled—this calm is hiding something big. This morning, the Bureau of Labor Statistics dropped a bombshell: they revised U.S. job numbers down by a staggering 818,000. Let’s be real—how do you miss by nearly a million jobs? Simple—it’s an election year. Expect more of these “adjustments” as we inch closer to November. Meanwhile, the Fed released their minutes, and guess what? Not much happened. Why? Because the big players are all on vacation, letting the market climb on autopilot. They’ve set it and forgot it, leaving the rest of us to deal with whatever happens next. Here’s where things get dicey. Volume is drying up across the board, except in a few key areas. Nvidia, for example, has become the market's lifeline, carrying the weight of your 401(k) on its silicon shoulders. But don’t let that distract you from what’s really going on. What has me on high alert is the bond market. Bonds are rallying, and when that happens alongside a rising stock market. This usually signals defensive posturing—like someone bracing for impact. Investors aren’t buying bonds because they’re confident; they’re buying because they’re worried. And then there’s the VIX, the so-called “fear gauge.” Despite the S&P’s upward drift, the VIX remains stubbornly elevated. Someone, somewhere, is hedging, maybe positioning for the market to take a sharp turn. Now, don’t get me wrong— I’m not saying you should get bearish. But it’s crucial to be aware of these concerning signs. On Wall Street, things don't matter, until they matter. The market might look quiet now, but it could be the calm before the storm. Keep your positions tight, your stops tighter, and be ready to act. One data point—one unexpected event—could flip this market on its head. Trade smart, Josh Belanger You’re currently a free subscriber. Upgrade for the full experience and receive exclusive special reports like "How to Get Rich in The Stock Market" and "Congress' Secret Stock Playbook: The Top 5 Power Picks Revealed”. [Upgrade to paid](   [Like]( [Comment]( [Restack](   © 2024 Josh Belanger 548 Market Street PMB 72296, San Francisco, CA 94104 [Unsubscribe]() [Get the app]( writing]()