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Adam Taggart

Despite market prices remaining at maximum stupid heights, we’ve seen some notable weakness, volatility and a rare ‘bearish engulfing’ this week.

All of these are advance indicators we would expect to see preceding a fall in prices.

Market Update: A Bearish Engulfing
PREVIEW

Despite market prices remaining at maximum stupid heights, we’ve seen some notable weakness, volatility and a rare ‘bearish engulfing’ this week.

All of these are advance indicators we would expect to see preceding a fall in prices.

Since rebounding sharply from the March lows, the markets have re-entered a manic melt-up phase where no news is so terrible it can’t send prices higher.

The NASDAQ is green on the year now, for crying out loud. How is that even possible since, between then and now, GDP has fallen by 30%???

In an attempt to understand these increasingly non-sensical markets, we’ve once again asked the lead partners at New Harbor Financial, Peak Prosperity’s endorsed financial advisor, for their latest perspective.

Market Update: Maximum Stupid
PREVIEW

Since rebounding sharply from the March lows, the markets have re-entered a manic melt-up phase where no news is so terrible it can’t send prices higher.

The NASDAQ is green on the year now, for crying out loud. How is that even possible since, between then and now, GDP has fallen by 30%???

In an attempt to understand these increasingly non-sensical markets, we’ve once again asked the lead partners at New Harbor Financial, Peak Prosperity’s endorsed financial advisor, for their latest perspective.

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