We’re in interesting times.
Stock market averages continue moving higher — yet it has been more than a year since the last 5% pullback in the S&P 500.
In last week’s update, I showed you how unusual this is.
This week, I’ll show what happened after previous streaks ended: On average, after a year or more of steady gains, we tended to see an 8% to 11% pullback.
That could take some traders by surprise. But for savvy investors, it presents an opportunity.
As I explain in this week’s webinar, when that pullback hits us … it will set the stage for large gains. So let’s get right to your webinar:
Click here to view the slides.
Finally, if you have any questions or comments that you’d like me to address on a future update, please send your emails to firstname.lastname@example.org. As always, I aim to give you data here that you won’t be able to find anywhere else.
That’s all for today, but I’ll be back with your portfolio update later this week.
Michael Carr, CMT
Editor, Precision Profits