Last week, I dropped nothing short of a truth bomb on you when I told you that I was done with stocks. And this is coming from Money Morning's No. 1 Stock Analyst.
I'm going to do something different for a moment, and I'm going to tell you why, specifically, I'm done with stocks. I'll give you an example of the unpredictability that I'm sick and tired of.
Here's why stocks are unreliable and why you should wash your hands of them, plus my one-stop solution to this mess…
My Ground-Breaking Strategy
If you know me, you know that I will do anything to make money. I make no apologies for my behavior. I'm not trying to make friends; I'm trying to make money.
I didn't reach the top 1% by being Mr. Nice Guy.
And part of that is delivering truths that not everyone wants to hear – but they know I'm right.
The stock market's a mess; how many lives, bank accounts, IRAs, 401(k)s, and so on and so on are ruined by the violent swings of the stock market?
The stress, the sleepless nights, the constant wondering if you're going to be able to retire when you want… That's all part of the stock game. Sure, you could make it big – if you have thousands of dollars to spare, if you can afford to be glued to your computer day in and day out, if you know every trick in the book that even the biggest and best investors know… Then maybe you'll make it big.
But we all that more often than not, the little guys are left in the dust, scrambling to pick up the pieces while Wall Street laughs.
It sickens me just to think about it.
But, as I mentioned earlier, I have a solution. And I'm going to help you make bank the easiest and most profitable way possible. Trust me – this method took about a decade to perfect, and only now, it's ready to be released to those who are ready to cut the crap and learn how to make serious cash.
This isn't the typical single stocks or options that you're used to hearing everyone talk about – those are the old days and take too long for my preference. My proprietary strategy only takes about 30 seconds to set up and can bring in the profits within the week. Can you tell I'm proud? Click here to learn more.
A perfect example of the inconsistency of the market is BHP Billiton Ltd. (NYSE: BHP).
BHP is up almost 30% over the past 52 weeks, while the S&P 500's only up 11.7%. It's certainly ahead of the market, that's for sure.
The stock had a nice run up to its highs of $50.79 in January and then dropped surprisingly quickly to $44. While that was an ugly move for such a giant company, the stock rallied back up towards $50, but couldn't take out its highs. It then fell back to near $43, making a new low against the old from its long uptrend.
Then the stock rallied again. This time it only got to the $48 to nearly $49 range, but couldn't get above it.
And recently, the stock slipped again. The pattern is lower highs and lower lows. If BHP falls through its support, it's going to $40. And I think if there's any fluttering in commodities markets, we'll see BHP and other miners come down.
Can you imagine the stress of BHP's stockholders? They're probably checking their brokerage accounts 500 times a day, wondering if they'll be able to buy their kids birthday presents this year.
That's the deplorable stock market behavior I'm talking about.
About the Author
Shah Gilani boasts a financial pedigree unlike any other. He ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When options on the Standard & Poor's 100 began trading on March 11, 1983, Shah worked in "the pit" as a market maker.
He helped develop what has become known as the Volatility Index (VIX) - to this day one of the most widely used indicators worldwide. After leaving Chicago to run the futures and options division of the British banking giant Lloyd's TSB, Shah moved up to Roosevelt & Cross Inc., an old-line New York boutique firm. There he originated and ran a packaged fixed-income trading desk, and established that company's "listed" and OTC trading desks.
Shah founded a second hedge fund in 1999, which he ran until 2003.
Shah's vast network of contacts includes the biggest players on Wall Street and in international finance. These contacts give him the real story - when others only get what the investment banks want them to see.
Today, as editor of 10X Trader, Shah presents his legion of subscribers with the chance to earn ten times their money on trade after trade.
Shah is also the proud founding editor of The Money Zone, where after eight years of development and 11 years of backtesting he has found the edge over stocks, giving his members the opportunity to rake in potential double, triple, or even quadruple-digit profits weekly with just a few quick steps.
Shah is a frequent guest on CNBC, Forbes, and Marketwatch, and you can catch him every week on Fox Business's "Varney & Co."
He also writes our most talked-about publication, Wall Street Insights & Indictments, where he reveals how Wall Street's high-stakes game is really played.