I Warned You On Friday. Did You Listen?
On Friday, I sent an email to everyone on this email list. In it, I specifically noted that our signal had turned Red. Now, we have the highest selling pressure since June 2022.
Dear Reader:
This has been quite a ride in the last 48 hours, huh?
If you’re freaking out… panic selling Bitcoin… dumping tech stocks… or burying cash under your mattress… I’ll only say this once: “I warned you on Friday.”
And then again over the weekend. I also told readers they had to pay close attention to an arcane fund called the Bank of Montreal MicroSectors FANG Index 3X Inverse Leveraged ETN (FNGD). When this breaks above its 50-day moving average, there is a problem. Well, it happened… and now there’s a problem.
But before all that happened. I send this on Friday. The S&P 500 saw selling pressure extend and drag investors lower.
But here’s the thing… it wasn’t a head fake.
On Saturday, I noted that the fifth Anniversary of our first experiment with this signal came on the same date: February 22. So what is happening?
Ah… yes… that’s the best part of this.
The mystery
The Media Has No Idea… Something Big is Happening
The headlines today all say the same thing.
Barrons has headlin…
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