This Terrible Trading Week Revealed 10 New Trades

We’re emerging from the worst week of selling in almost a year.

Which leads me to say that I wish I hadn’t been right about “week nine.”

If you’re not sure what “week nine” means, take a few minutes to read the most recent Monday Morning Outlook. It explains the historical significance of the market drop we’re seeing.

I told everyone to start putting together their “buy list” for stocks because this pullback is presenting a lucrative buy-the-dip opportunity for us.

Another great buying opportunity comes from stocks headed for a short squeeze. Learn about this revolutionary super squeeze indicator right here.

But let’s face it, it’s hard to put together a list of stocks to buy when the market has been in the red like this.

For example, the S&P 500 opened this Monday at $3,885 but dropped down to as low as $3,790 on Friday morning.

Meanwhile, the Nasdaq suffered its worst week since October, dropping down 5% as tech stocks declined.

In times like these, you need to remember one of the simplest, and sometimes hardest to follow, rules of trading.

Buy when everyone else is selling.


Bitcoin’s Fibonacci Pattern Shows Three Different Prices to Buy the Dip

Technical investment analysts have always used something called “the Fibonacci numbers” to determine when to buy an asset.

And when I say always, I mean it. Born all the way back in 1170, Leonard Fibonacci’s numbers are a sequencing system that is formed by a simple equation.

These numbers may seem random, but their application has been far-reaching and incredibly effective in analyzing everything from why certain flowers have a specific number of petals to what price you should buy an asset.

You don’t have to remember what you were taught in high school calculus to understand Fibonacci. Just know that the laws of mathematics cannot be broken, which is why market prices naturally flow into these patterns.

In other words, it’s a great indicator for stocks – but the real asset we want to look at today is the one hitting headlines everywhere you look: Bitcoin (BTC).

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BTC, just like almost everything else in the world, has its own Fibonacci pattern, and you can use its trend to determine when to buy the dip.

In 2020, BTC dropped down to lows around $5,000 and then rallied to its recent highs just above $57,500. That’s a return of more than 1,000%.

The recent spike is reminding traders of the 2017 and 2019 peaks. Each of these quickly led to a voracious selloff that resulted in losses of greater than 75% in both cases as the “bubble” burst.

Which is why I wasn’t surprised when, after Janet Yellen and Elon Musk suggested BTC was overvalued, we saw an aggressive selling spree that caused the coin to lose 25% of its value in just two days. Mr. Musk reportedly lost $30 billion and is no longer the richest man on Earth.

This has led many to question if another huge drop is on its way. But listen – Bitcoin is entering the acceptance phase. Companies like Visa, a growing portion of the world population, and the biggest banks are all going in on crypto.

And the acceptance phase is one of the strongest bull market rally drivers for any asset. So no, this coin’s bullish rally isn’t over. It’s not time to get out.

Instead, it’s time to buy the dip.

Bitcoin’s predictable Fibonacci trend is signaling big profits, and we can use it to determine the exact price to get in…


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