Bear market over

Corona Del Mar, CA

Howdy Friend!

Bear markets aren't official until a 20% haircut…

…but you'd think we were already there from the bearishness created by the Iran war.

And just like last year with the Trump Tariff fiasco, the markets V-bottomed and took off like a rocket.

For example, our latest strategy, Mega Cap Trader, is up 4.6% for the month, and 15% for the year.

Ironically, the main ingredient is trading the opposite of Fibonacci retracement zones.

Notice how every single mega cap stock shows a profit with these simple rules. We really do live in a world where everything is upside down:

Backing up for just a second…

…I don't ever use sentiment to determine how bullish or bearish market participants are. I've fed that data to machine learning, and it didn't find anything predictive about it.

It's an opinion. And you know what they say about opinions…

What matters most is how traders are positioned.

So let's take a look at the E-mini S&P 500 futures. Specifically nonreportable traders who get it wrong most of the time:

They been selling all year. Exactly the same as last year when they missed the V-bottom rally after the tariff surprise.

Are we going to see the same thing?

Well, stocks are blasting off to multi-month highs. I've been showcasing Intel $INTC as one of them. Most will wait for a pullback to enter, but that's not necessarily how money is made.

Honestly, I can't imagine trying to trade using news events. It would drive me crazy.

Reminds me of that old quote that may or may not be from Mark Twain:

“If you don’t read the news, you’re uninformed. If you read the news, you’re misinformed.”

Stay frosty out there. My bullshit meter on politics and world events is at an 11 out of 10.

P.S. If you're looking for proven strategies with up to 19 out of every 20 winning months on autopilot. We offer four flagship products.

In order to keep membership quality high, we turn away about 40% of applicants.

>>Click here to see if you qualify <<

Trade smart,

Dan “Prince of Proof” Murphy

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