Saturday, March 14, 2020

Bear Market Update for March 13, 2020

Happy Pi Day! Market Update for Pi Day (3/14/2020):


Below these notes are a set of charts for this week's Market Update. 
  • I have a new set of charts where you can watch the markets trade during the day.  I'm also adding 1-year charts to the individual stock chart pages that have AI (Artificial Intelligence) to draw resistance and support lines.  A great example is this chart for SPY that shows a "megaphone" or "broadening" pattern.

  • Since 3/9/20 I sent eight (8) Special Alert emails 📬 to my subscribers. 
  • 📬If you subscribe and did not get these, send me an email and I'll forward them all again. 
  • 📬If you wish to subscribe now, I'm offering the March issue for free now to new subscribers PLUS all back issues and Special Alert emails sent since the last newsletter are available, just ask.
I hope you were like me and took considerable profits while the market was setting record high after record high since the 2018 Christmas Bear Market when the S&P 500 was last down over 20%.

Having raised cash, it is amazing how well I sleep at night despite the unexpected, sudden market sell-off.

Closing Statistics for the low, so far on 3/12/2020:
My Explore Portfolio, down 10.3% YTD vs the S&P 500 via SPY down 16.3%.

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More charts showing the bear market:


Here is proof that Bitcoin is neither a currency or a store of value but just another speculation.

The great news is investors sentiment is in the tank, hence the reason I sent so many email alerts last week.



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 March 2020 Issue for 
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DISCLAIMER: The information contained in this newsletter is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This newsletter is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright Kirk Lindstrom 2020.