The stock market has a funny irony to it…
The higher it goes, the more questions I get about whether the crash is on the way.
Is the proverbial “other shoe” going to drop?
And, certainly, many of the recent headlines would add fuel to the worry fire:
Well, I always like to point out that, yes, eventually the market will correct.
But, at the same time, I don’t think that’s a very good reason to do anything.
The reality is that when people start warning of a market collapse (like 2012, 2014, 2020) they’re always eventually right… But most of the time the broad market is still higher after the correction than it was when they started warning of it!
It’s like the example I shared about Nvidia…
People have been saying NVDA is due for a correction since it was $150 a share.
Well, of course, they’ll eventually be right. But if it corrects from $900 to $600 and they were saying it was due for a correction at $150… Were they really right?
Were the people who went to “all cash” during the Covid crisis because the market was doomed really right when 2022 came along and the market corrected even though the lowest point in 2022 was still above the highest point in 2020?
I’d say no 🙂 I hope you would as well.
So, as a rule, I don’t find the narrative that “due for a correction” is very actionable.
What I do definitely believe in is having strategies that account for all market conditions.
And that’s precisely why the Supercharged Income class I am hosting this week is so critical.
You see, I don’t want to execute a “Bear Market Strategy” during a raging bull market… Because if the market continues up, I lose money or, at the very least, I lose opportunity.
But this income strategy is designed to generate income while the market goes higher and generate income if the market corrects.
It’s one of the rare “Win/Win/Win” strategies that actually exist in the stock market, because if you’re setting up your trades properly, you will generate cash flow whether the market goes higher, stays flat or goes lower.
Now, of course, that’s not to say it doesn’t have any risk. Like any strategy, it does.
But the idea is that no matter what happens, you have cash flow hitting your account.
And if you have any concern about the other shoe dropping but don’t want to lose out in the meantime, that’s really powerful.
So I invite you to join me for this deep dive class on Friday @ 11am. I think you’ll be thrilled to have this strategy in your arsenal regardless of what happens next in the markets.
— Nate Tucci
