Lee Adler
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These Market Red Flags Are Warning Us to Prepare for the Stormy Seas Ahead
Yesterday was the fourth day of my transatlantic crossing to Europe. A Nor'easter has been chasing us, following our departure from the Brooklyn Cruise Terminal, which is right across the East River from Wall Street.
The storm is hot on our tail and due to catch up with us today. The skies have been dark, the seas choppy and threatening. But the big storm is yet to come.
No doubt the Queen Mary 2, a fortress of a ship designed especially for crossing the stormy seas of the North Atlantic, will handle the big waves just fine – as she always does. She's built for this kind of thing.
Have you built a fortress ship to prepare for the stormy seas ahead for your portfolio? I hope so! You know how bearish I have been over the past year. If you have followed my advice you've gone mostly to cash.
And if you are of a mind to participate in the market's wild swings, both down and up, you may be trading a small portion of your portfolio – your risk capital – and following one of our trading gurus here at Money Map Press.
And there's more news from Federal Tax data published this week that will help you decide how you want to weather the storm ahead... - Here's How to Profit from Plummeting Homebuilder Stocks
- Stocks and Bonds Are Finally Plummeting – and the Big Banks Are Pulling Some Strings
- The Economy Is on Steroids – Here's Why That Will Decimate Stocks and Bonds
- How to Spot a Housing Bubble and Sell Before the Peak
- How the Trump Tax Cuts Are Biting into Market Returns
- What to Do About Lagging Fed "Normalization"
- This "Uncooked" Data Proves It: Another Housing Crash Is Coming
- Why You Should Ignore the Record-High Consumer Confidence Index
- My Favorite Way to Be "In Cash" (No Mattress-Stuffing Required)