I’ve written before that the world has been looking bleak lately.
With the coronavirus pandemic ravaging the globe, everything has been overwhelmingly negative…
It’s infected millions of people and claimed tens of thousands of lives. It’s halted our global economy. And it’s stoked the flames of fear.
These are the types of events that change our lives forever.
But I’ve also told you that despite these unprecedented challenges, we’ve weathered worse… and we’ll be on our feet again.
For me, there was life before 9/11 and life after 9/11…
In July 2001, I started my Wall Street career at Cantor Fitzgerald. I worked in the North Tower of the World Trade Center for a month. Then, I moved to London to work at its U.K. office.
Just weeks later, 9/11 happened. The desk where I once sat turned to ashes. The move had saved my life. Others weren’t so fortunate…
And now, we’re facing another situation where life as we know it will be forever changed.
There will be life pre-COVID-19 and life post-COVID-19.
So as we enter life after the coronavirus, I want to put everything into perspective – and show you where my system says the market is headed next…
Where We’ve Been
Already, we’ve seen things many of us didn’t think were possible: global lockdowns… monstrous unemployment… and unprecedented government intervention.
Earlier this week, we even saw oil prices go negative.
But I’ve been with you every step of the way…
I even accurately predicted nine key market moves during this massive sell-off.
For example, I originally called for the bottom to be on March 20. I was only off by one trading day.
And since bottoming on March 23, the S&P 500 has rallied over 26% – just like I said it would.
But I didn’t make these predictions based on my feelings or my gut instincts. I used data. Thirty years’ worth of data, to be exact.
Now, I’ll continue to use this data to guide you through this economic storm. So let’s take a look at what it’s saying today…
Where We’re Headed
As you know, I created an “unbeatable” stock-picking system that follows the big money’s movements.
I used my experience from nearly two decades at prestigious Wall Street firms – regularly trading more than $1 billion worth of stock for major clients – to make sure it’s highly accurate, comprehensive, and effective.
My system scans nearly 5,500 stocks every day, using algorithms to rank each one for strength. But it doesn’t just look at individual stocks. It also tracks big-money buying and selling in the broad market…
And today, my system’s Big Money Index shows we’ve reached a middle ground…
You see, when the index hits 80% (the red line in the chart) or more, it means buyers are in control and markets are overbought. And when it dips to 25% (the green line) or lower, sellers have taken the reins, leading the markets into oversold territory.
Now, the markets are no longer oversold. That means the extreme selling (through massive hedge fund liquidations) is through.
And since selling has virtually vanished, the index level is rising. So all we need to do is simply be patient for the big money to start buying in droves again.
You see, after such a huge washout like we saw last month, the market needs time to catch its breath. I call this the Great Reset.
You can think of the recent sell-off like a massive earthquake.
Investors are still waiting for the aftershocks. Once those peter out, people will feel safe coming back outside. The same holds true for the market.
Of course, we’re still dealing with a lot of uncertainty. But the worst is likely behind us…
What to Do Now
Now, another pullback could still be in the cards.
We won’t get a clearer picture of which direction the market is headed until volatility ratchets down. So don’t expect a V-shaped recovery.
But make no mistake, there are still huge money-making opportunities out there, no matter the world dynamic.
These are the high-quality phoenix stocks I’ve been writing to you about. They’re the ones that bounce back even higher when the market rebounds – like tennis balls.
And it has been and continues to be my life’s mission to find them using my system.
In fact, it’s already identified several winners for subscribers to my Palm Beach Trader service during this crisis. One has rocketed nearly 54% in just a month. And another is up over 13% in just three days.
I know there are a ton of economic and health concerns right now. People are naturally freaking out. But again, we’ll get through this together.
This is the time to stay cool and collected. By being smooth, unemotional, and methodical, we can stack the odds in our favor.
The bottom line is to execute our game plan: Follow the data, take profits, keep lots of cash, and ride our winners.
And as the Great Reset plays out, we’ll ride the market all the way up to massive profits.
Patience and process!
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Jason Bodner
Editor, Palm Beach Insider
P.S. Even though the market has recouped some of its losses, it’s not too late to profit from the Great Reset.
My system can help you target the best tennis-ball stocks out there – just like it’s helped my Palm Beach Trader subscribers – regardless of where the market moves next in the short term.
You won’t want to miss out on potential 2,505% average gains. That’s why I’ve put together this special presentation to show you all the details of how my system works. You can check it out right here.