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Further Market Weakness Likely

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OCT 02, 2023
 
   
GUY COHEN’S MARKET MOVERS
Protect Your Profits
 

The market remains short-term oversold but Friday’s bearish momentum bar suggests further weakness is likely.

None of the sector ETFs looks particularly promising, but industrials and financials look particularly vulnerable, positioned as they are directly below a Key Level.

There might be more whipsaws this week so be extra vigilant in protecting your profits with our P1 rule.

Here is this week’s watchlist:

 
 

Follow the money,

— Guy Cohen
JEFFRY TURNMIRE
Rethinking Traditional Investment Strategies: The Turnmire Approach
 

Let's talk bonds. Wait! Don’t fall asleep. This is a good one, I promise.

I recently saw the following chart:

 
 

What it shows is that investing in the Total US Bond Market ETF over the past 7 years, you’ve basically got nothing to show for it.

A staggering 0% return over 7 years.

In plain English: Anyone following the age-old advice of a 60/40 stocks/bonds split, has essentially seen no growth from their bond investments over the past seven years.

It's a wake-up call that the traditional passive investing approach might not be the golden ticket anymore.

This isn't just a one-off event. The markets are evolving, and I believe that the things that have worked in the recent past may no longer guarantee success in coming years.

Passive investing, once hailed as the go-to strategy, might soon become a liability.

But here's the silver lining: As the markets change, so do the opportunities.

And that’s why I want to talk to you about Turnmire Trading Lab.

See, I've spent years perfecting multiple trading strategies, each designed to adapt to the market's ever-changing dynamics.

From the impeccable "Income Glitch" with its 60-0 track record…

To the exhilarating "60 Minute Surges" targeting daily gains in the first 60 minutes of the market…

And even our entry into the crypto world with "Crypto Unleashed" – the Turnmire Trading Lab is a treasure trove of trading insights.

Now, I'm on the hunt for 7 dedicated individuals ready to challenge the status quo and join me in the Turnmire Trading Lab.

This isn't just about trading; it's about equipping yourself with a comprehensive toolkit to navigate the evolving markets.

With a plethora of programs at your fingertips and a community of traders to brainstorm with on our exclusive Discord channels, you're not just investing in trades; you're investing in knowledge, strategies, and a team that's got your back.

In a world where many claim to have the secret to trading success, the Turnmire Trading Lab offers more than just a strategy — it offers a holistic approach to trading, backed by decades of experience.

If you're ready to pivot from traditional strategies and embrace the future of trading, I invite you to check out this video I recorded for you.

Dive deep, ask questions, and let's navigate the markets together.

Hope you enjoy,

— Jeffry Turnmire
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