Note from Louis: The stock market clearly woke up on the wrong side of the bed today following the long holiday weekend. However, I don’t want the selling to bother you. The reality is today’s pullback is largely due to the market consolidating last week’s big gains, as well as disappointment over Goldman Sachs’ (GS) weak fourth-quarter earnings results this morning.
I do expect the market to bounce back, but as we’re learning this earnings season, not every stock will be a winner.
This means that it’s critical to be invested in the right companies to prosper. There are several ways to build a profitable portfolio in the current environment. As you may know, I take a quantitative analysis approach when investing, so I was excited to find out that my InvestorPlace colleague Luke Lango has created his own quantitative system, Fast Money Line. After hearing the details, I think Luke could be on to something big.
Luke will reveal how his Fast Money Line system works during his Fast Money Line special event this Thursday, January 19, at 4 p.m. Eastern time. I hope you decide to tune in. If you haven’t already, you can click here to reserve your spot now.
Today, though, I’d like to share with you an article by Luke about an ultra-rare price momentum indicator that is flashing signs that we could be in the early innings of a new bull market. You can read the full article below.
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The stock market is off to a red-hot start in the new year. If you feel like this could be the start of a big new bull market – and if you think buying the dip in stocks today could make you fortunes over the next 12 months – then you’re absolutely right.
Just last week, something extraordinary happened in the stock market. Historically, it is something that only happens at the end of bear markets and the start of new bull markets.
This something is an ultra-rare price momentum indicator.
It’s called the “Breakaway Momentum” signal.
As the name implies, the indicator flashes when the stock market has very strong upside momentum consistent with the start of massive breakouts. It does this by measuring the ratio of advancing stocks to declining stocks over a 10-day period.
Specifically, it measures the ratio of the total number of advancing stocks to the total number of declining stocks on the NYSE. When that ratio exceeds 1.97, this signal is triggered, and the stock market is said to have “breakaway momentum.”
Breaking Down This Powerful Stock Market Indicator
Last Thursday, that ratio of advancing to declining stocks on the NYSE broke above 1.97. Throughout this entire bear market, this is the first breakaway-momentum period for stocks. The last time was in June 2020, when it was bursting out of the COVID-induced bear market.
Historically, this is very significant.
This is just the 25th time over the past 75 years that the stock market’s Breakaway Momentum indicator has been triggered.
In each of the previous 24 times this indicator was triggered, stocks were higher six to 12 months later – every time.
Let me repeat that.
Through 75 years of data and 24 different signals, the Breakaway Momentum indicator has 100% certainty of predicting big stock market rallies. And the average returns over the following 12 months? More than 20%.
That indicator just flashed last week.
What are you waiting for?
Inflation appears to be crashing. The Fed may soon end its rate-hiking campaign. The economy has remained surprisingly resilient. Tensions from the Russia-Ukraine war are easing. China’s reopening. And now the most powerful, most predictive, and most accurate price momentum indicator of all time just flashed.
What are you waiting for?
The stock market is about to break out. As it does, dozens of stocks will soar hundreds of percent over the next 12 months alone.
The time to make fortunes in a massive stock market rebound has arrived.
The Final Word
Luckily for you, we’ve created a proprietary quantitative trading system specifically to capitalize on this coming stock market boom.
This is a very robust system. My team and I have spent over a year developing, testing, and fine-tuning it – all to help us make fortunes when the next bull market arrives.
Well, folks, the next bull market has arrived. That means it is time to deploy this system – and make fortunes.
Next Thursday afternoon at 4 p.m. Eastern time, I will reveal this system in a tell-all broadcast. And I’ll share just why this quantitative system will be the key to changing your stock market fortunes right now.
This is a presentation you do not want to miss!
Reserve your seat for that event now.
See you there!
Sincerely,
Luke Lango
Editor, Hypergrowth Investing
