Alert: The TradeSmith Bearseye Signal Has Triggered

[TradeSmith] Alert: The TradeSmith Bearseye Signal Has Triggered Dear Reader, My team and I promised to alert all TradeSmith readers if a Bearseye signal — our proprietary indicator of an impending bear market — appears in any of the major market indexes we follow. As a reminder, this signal tells us there is an elevated risk of a crash or severe decline in the index in which it appears. Yesterday, Feb. 23, a Bearseye signal appeared in the Nasdaq 100 index (NDX). Usually, we recommend letting trailing stops dictate your exit points. But if a bear market is coming, we prefer to take extra precautions. If you currently own any stocks in this index, the safest, most conservative course of action is to exit those positions immediately. However, at the very least, we would urge you to immediately sell any Red Zone stocks you may still be hanging on to. And we would advise you to be extremely careful if you are considering any new investments in this index today. For additional insights on strategies and steps to take, our TradeSmith Finance customers will receive an editorial later this afternoon from Justin Brill in our semiweekly Inside TradeSmith editorial. We’ll be back to let you know if the Bearseye appears in any other indexes in the days or weeks ahead. Stay safe, [Keith Kaplan]Keith [866.385.2076](tel:+866-385-2076) | support@tradesmith.com ©2022 TradeSmith, LLC. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of TradeSmith, LLC. This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as researchers and writers. Our work may contain errors and should not be considered personalized investment advice. TradeSmith, LLC does not issue securities recommendations, and no discussion of a particular stock(s) should be interpreted as such. Past, simulated, and/or hypothetical performance of any strategy published by TradeSmith, LLC should not be interpreted as representational of future returns. You shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. TradeSmith P.O. Box 3039 Spring Hill, FL 34611 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]