Why The Market Will Rally NOW

What is going to happen next? [image] [image] No, I’m still bearish. I still think we have at least one more big move to new lows. And, yes, I think we will break the current lows and drop 20% below those lows. So plenty of Big Bear coming. But I think we have a traceable bull move starting now. Why? Three main reasons: - Bullish seasonality - Downside exhaustion - The bear news is discounted Let me explain. [Isn't it time you made money in the markets? Click here to learn more!](=) Right now we are in a mid year election cycle with a first term Democratic president. According to the excellent StockTradersAlmanac.com, there should be a bull seasonal that runs from now until the end of August. It is long enough and strong enough to be tradeable. Please note that the same seasonality says that the market will enter an even more bearish mode than we have been in after the late August high! I think that the Bears have run out of gas pushing the market to the downside. Volume is getting less. Ranges are getting smaller. There are only so many days you can go down without the Bears getting exhausted or the Bulls capitulating. I don’t think the bulls have capitulated yet though there are some signs they have, at least temporarily. Finally, I think the market has discounted all the current bearish news. A week ago the Fed Funds futures curve showed that the market expected Fed Funds to peak at about 4.00% in 2Q2023. They are still looking for a peak in 2Q2023 but now only at 3.70%. That is a pretty big move in just a week. What they are saying is that the Fed’s hiking regime will work. The economy will go into recession soon and that will cause inflation to stop rising. Then, in 2Q2023, the Fed will start to easy monetary policy. Now, I think the market is wrong. But it seems to me that they are far too optimistic about inflation but, for now, the market is satisfied with the Fed stance. Later, say end of August, they will realize that inflation will still be rising and the Fed will have to keep hiking. That will be the trigger for the market to move lower again. *********************************************************** The ULTIMATE Trading Education! Courtney Smith has put together an incredible site where he is brain dumping everything he knows about trading stocks and options. [Click here to learn more now!](=) He just added new training on the Psychology of Trading, the most important element for successful trading. ************************************************************* This rally will cause all the instruments that were hammered over the previous six months to lead the market to the upside. That includes all the tech stocks and crypto. The key is to be nimble. You have to get in quick and get out quick. The top will not develop over weeks but will develop over just a few days. To learn how to play this market, check out the ultimate stock trading education in the world, the Wealthbuilder Insider. [Click here to learn more now!]( Words To Live By ...get what we’ve never had, we must do what we’ve never done. Steven Kolb Courtney Comment: To make a million dollars you have to learn more to be able to make that much trading. Where to get more Courtney! Youtube: [Freebee Wall Street Winners]( Podcast: [The Courtney Smith Show]( Substack: [courtneysmith.substack.com]( Medium: [Courtney Smith – Medium]() [Profile Image] COURTNEY SMITH WealthBuilder LLC Work (702) 761-6837 | Text Message (702) 718-8588 Support@WealthBuilderLLC.com CourtneySmith.com Share The Love If you like Trade Secrets, then please pass it on to your nearest and dearest so they can [sign up]() too. If you believe in the power of good journalism, make it something you subscribe to. Sharing is caring. [image] 1. Get your Option Strategy Guide and 7 Option Top Trading Tactics.[Click here]() 2. Health is very important at this time. Ian Cooper has a new report and LIVE trade sheet to learn which are the BEST Health care, Pharma, Biotech, Insurance Companies.[Click here](=) [image](=) [Unsubscribe]( Wealthbuilder LLC 6671 Las Vegas Blvd South 210 Las Vegas, Nevada 89119 United States (702) 722-4584