| Ripple Effect — February 27, 2026
If the S&P 500 closes over 6,910 today, the index will be up for February and continue its strong performance since last April.
But, looking at the monthly relative strength index (RSI), the market is flashing anoverbought signal: When the market gets overbought on a monthly basis, healthy corrections occur. (Source: Mr_Derivatives via X) “Relative strength is a pretty good, albeit imprecise data point,” notes our Portfolio Director Andrew Packer. “When the market as a whole is overbought or oversold on an RSI basis, however, it’s a clearer signal than in individual stocks.”
Many new stocks, particularly in the energy and consumer goods are hitting 52-week highs. But software (SaaS) is still getting sold off in crisis mode.
A new all time high in March is unlikely.
In the Grey Swan Trading Fraterinty, we’ve added in protection against market downside with a put option on SPY.
Best to be wary with these trends in place.
~ Addison | The G7 Summit isn’t typically a headline-grabber. But the upcoming summit — beginning on June 14 — has an air of great urgency, because a major announcement could be forthcoming. The potential shocker? Well, it concerns a Cold War era map of a “forbidden America" — a map whose extended U.S. borders could take effect before the leaves turn color. If enacted into law, America would gain 836,000 square miles of land — three times the size of Texas — thereby giving Republicans a vice-grip on the Oval Office and Congress. But the investment implications could be even bigger. Click here to view the secret map, ASAP >> | P.S. Today’s the day! Grey Swan Live! this week will be coming to you live from inside the Rarcoa Vault in Chicago.
Our interest: Rare coins offer a unique way to protect your wealth with precious metals – and they carry the added value of rarity, mint, condition and historical significance. Please join us while we visit with family founder, Wayde Milas, inside the Rarcoa vault to check out the 2025 Eagle Privy Silver Eagle graded NGC MS70 from the first group of 50,000 pristine minted coins. Brand new sets will be available to attendees of the Zoom at a steeply discounted event price.
We'll be going live here today at 2 p.m. EST/11 a.m. PST. If you have requests for new guests you’d like to see join us for Grey Swan Live!, or have any questions for our guests, send them here. How did we get here? Find out in these riveting reads: Demise of the Dollar, Financial Reckoning Day, and Empire of Debt — all three books are now available in their third post-pandemic editions. You might enjoy one or all three.  (Or… simply pre-order Empire of Debt: We Came, We Saw, We Borrowed, now available at Amazon and Barnes & Noble or if you prefer one of these sites: Bookshop.org, Books-A-Million or Target.)
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