• 846 days Will The ECB Continue To Hike Rates?
  • 846 days Forbes: Aramco Remains Largest Company In The Middle East
  • 848 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,248 days Could Crypto Overtake Traditional Investment?
  • 1,253 days Americans Still Quitting Jobs At Record Pace
  • 1,255 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,258 days Is The Dollar Too Strong?
  • 1,258 days Big Tech Disappoints Investors on Earnings Calls
  • 1,259 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,261 days China Is Quietly Trying To Distance Itself From Russia
  • 1,261 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,265 days Crypto Investors Won Big In 2021
  • 1,265 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,266 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,268 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,269 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,272 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,273 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,273 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,275 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

What Should Be On Your Radar Screen Next?

The large drop in the market was not a surprise to our paid subscribers because we issued a Special Report on May 16th. showing why a "precipitous drop" was coming soon. At that time, we also commented on what I would have told my father if he was still alive, and we concluded the report with the following paragraph on May 16th:

"No one knows for sure, but things could be lining up for what could be a perfect storm. These are risk levels that no one should be exposed to right now. My Dad passed away last month at 93, but if you were to ask me what I would have told him now ... I would tell him to Get Out of the market right now. So, that is my advice right now, given the total picture we are seeing. Be safe now and go to cash ... we can always move back in and buy later if things turn out okay and get better. But for now, I am going to recommend Selling at the open this morning and going to cash. (Posted on May 16, 2011.)"

So, we did have that big drop ... what now?

Be sure to come back tomorrow when we will tell you what you "What you should have on your Radar Screen now".

 

Back to homepage

Leave a comment

Leave a comment