I keep warning and warning… but no one is listening.
The market meltdown that started in Emerging Markets earlier this year WILL spread to the US.
Don’t believe me?
The FANG stocks, which lead the rally throughout 2008 (indeed by some measures these five stocks have accounted for over 50% of ALL market gains) have peaked. Heck, they didn’t just peak, they’re down 15% since their recent peak. We’re talking close to bear market territory.
On top of this, the S&P 500 FAILED to launch a breakout of its rising wedge formation. A failed breakout is one of the most dangerous chart developments because it often results in a VIOLENT reversal.
We’re talking about a move like this:
The best part… 99% of investors won’t see this coming.And smart investors who put capital to work here stand to make LITERAL fortunes.
Again, the Everything Bubble is bursting. And smart investors who put capital to work here stand to make LITERAL fortunes.
