Why We’re Waiting to Put Money to Work

It always happens whenever the stock market rockets higher for a sustained period – without any pullbacks. [Jeff Clark's Market Minute]( Why We’re Waiting to Put Money to Work By Jeff Clark, editor, Market Minute It always happens whenever the stock market rockets higher for a sustained period – without any pullbacks. My email gets flooded. Readers ask, “Why aren’t we buying more?” The FOMO Is Very High Every day the market moves higher, investors get more concerned about missing the move. If they’re not 100% invested, or 100% leveraged on margin, they feel like they’re falling behind. Their friends and neighbors are getting rich. All the talk at all the holiday parties is about how much money everyone is making and how much more they’ll all make as the market presses even higher. Of course, nobody says anything about risk. Nobody wants to be “that guy.” So please… allow me… Recommended Link [Digital Dollar Could Send These Three Stocks Booming]( [image]( A digital dollar (or CBDC) could soon replace the U.S. dollar. Most people could end up holding worthless dollars. But a few could get rich from this new shift. You see, if you know which companies are working on these CBDC projects, you could come out of this shift wealthier than you ever thought possible. But you need to act fast. [Click here to get the exact steps to take right now.]( -- Here’s My Warning for You Now is not the time to be buying stocks aggressively. Now is the time to trim positions. There is far more risk in the stock market right now than most folks are considering. And, the potential rewards to buying stocks here are quite small. The S&P 500 has been on a one-way train higher since bottoming in October. The index has run from 4100 to 4725. That’s a 15% gain in two months – with almost no pullbacks along the way. It is dangerous to be chasing that move. The last time we saw similar action was in the summer when the S&P 500 ran from 4200 at the start of June to 4600 at the start of August. The market gave back all of those gains, and then some, over the next three months. Ironically enough, the last time my email was flooded with so many desperate emails was in late July, just before the market peaked. It was a time of peak-FOMO (fear of missing out). You can read the essay I wrote about it at the time [right here](. The technical condition of the market right now is quite similar to how it looked in late July. Conditions are overbought. The VIX is trading at its lowest level in three years. Investor sentiment (a contrary indicator) is off-the-charts bullish. And, stocks are rallying every single day. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. Remain Cautious I can’t tell you when this rally will end. It has been much stronger than I was expecting. But, I do know that right now is a dangerous time to be adding exposure to most stocks. The pressure to get in is almost unbearable. But, paying 22 times forward earnings for the S&P 500 when conditions are as overbought as they are currently is not a good idea. It might feel good for a day, or a week, or a bit longer. Ultimately, though, it will produce sub-optimal returns. Yes, I’ve been arguing for caution for a while now. But, I am adamant about this. Now is not a good time to be buying most stocks. The risk far outweighs the reward. I’m not calling for a crash. But, we could easily see a 5% pullback – just for the S&P to test its 50-day moving average line as support. And that would give investors a much better place to put money to work. Best regards and good trading, [Signature] Jeff Clark IN CASE YOU MISSED IT… [Musk, Bezos, & Gates are ALL investing in this 700-mile battery (here’s how to profit from it)]( A prototype Tesla is sending shockwaves through the auto industry: It drove 752 miles… across the ENTIRE state of Michigan… On a single battery charge! The secret? A new type of battery I call “Forever Lithium.” Musk was so blown away… That, within a month, he announced his entire fleet would be switching to this battery. And that “Forever Lithium” will “emerge as the dominant chemistry for Tesla.” You don’t need to own an EV now or plan to buy one to profit from this switch. Because a few miles south of this experiment… An [obscure Indiana firm]( is now positioned to mint more millionaires than the rise of Tesla. They’ve inked a deal to produce “Forever Lithium” inside a new $3 billion battery facility. And investors who take a stake now could be richly rewarded. [Click here for the full video report.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. 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