RSVP HERE
No sugarcoating it… It’s rough out there right now.
The market is in a free fall after the biggest down day since the COVID crash, and the bleeding feels relentless. But here’s a reminder worth keeping close when things get rough…
Zooming out can change everything.
Yes, it’s a bloodbath… But since the start of the secular bull market in 2009, every time the equity put/call ratio has spiked above 0.93 while the S&P 500 was at least 10% off its highs, stocks were higher 12 months later…
100% of the time.
The median gain in those cases? A whopping 22%. That’s not just a random stat — that’s a pattern worth noting.
And if you’ve looked at the Fear & Greed Index lately, you’ll see it’s screaming EXTREME FEAR.
Historically, that kind of sentiment doesn’t last — in fact, it often marks the bottom before a strong move higher.
And seasonally speaking, April is one of the most bullish months of the year. So while we’re clearly not there yet, the setup for a bounce could get interesting when the panic cools.
Here’s something else worth watching: The Magnificent 7 stocks are now trading at their lowest valuation premium in six years. That doesn’t happen often.
When high-quality names go on sale, and the rest of the market is gripped by fear? That’s when long-term opportunity starts knocking.
In short, we’re seeing short-term pain with long-term potential. Let’s keep that 30,000-foot view in mind.
Stay tuned — I’ll share what I see in this daily newsletter, on my “Opening Playbook” livestreams at 10 a.m. ET, and during my special events!
Markets Are Sliding — and Tariffs Are the Spark
Nonetheless, it’s very ugly out there.
Stocks were already under pressure, but things have gotten worse after China responded to Trump’s tariff hike with its own: a steep 34% tariff on all U.S. products starting April 10.
That tit-for-tat move has investors on edge — and with good reason. It’s looking more like a prolonged trade war than a quick standoff.
The fear? That this escalates into something much bigger. Economists are warning that if tariffs stay where they are, the risk of a U.S. recession starts rising fast.
Meanwhile, the jobs report looked decent — 228,000 jobs added in March — but the unemployment rate ticked up to 4.2%. So it’s a mixed bag.
Traders are already betting the Fed will pivot away from inflation-fighting and start cutting rates, with expectations for four cuts this year. And with Fed Chair Powell set to speak, everyone’s watching closely for any hint of what’s next.
Bottom line: the market’s nervous, tariffs are turning up the heat, and it’s a reminder that risk can come fast.
Stay alert!
Apex Indicator: COST
Well, the market’s massive sell-off has taken down just about everything.
But there are a few stocks that seem to be holding up. And one of them looks pretty good on our APEX indicator.
First, here’s our model portfolio for these free signals I share each week:
That 100% win rate won’t last forever, of course, but it’s great to see early success! There are no guarantees in trading, so trade at your own risk. But we’ll keep these signals coming because I want to show off the power of my Apex Indicator.
So, what stock is holding up?
You may have guessed it: Costco (COST). Here’s the chart:
It’s looking like it’s going to fall today… as is everything… but it could be a buy next week if the panic subsides.
Our target would be up at $1,005.76, and our stop would be down at $793.01.
We enter these trades using wrap orders, and for more training on how to place wraps… go here!
That’s all for today. I hope everyone has a great weekend — we’ll be back at it on Monday with my weekly picks, and then at 10 a.m. ET for “Opening Playbook” on Tuesday!
Graham Lindman
Graham Lindman Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
Important Note: No one from the ProsperityPub team or Graham Lindman Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. The Earnings Season Shortcut…
During earnings season, which begins again next week, you need to be extra precise with your trading…
And this NEW way to buy and sell stocks could be the answer.
Take a look at this:
Those 117 lines of code are the heartbeat behind my Newton Indicator…
And over the next month-plus, I’ll be watching this tool like a hawk to find the best entries on trending earnings stocks.
NVDA? AMZN? TSLA?
Newton covers it all…
Join me here to learn how to get your hands on this tool immediately
