Last week I showed you the 86% correlation on the S&P 500 when I compared July 2008 and October 2022.


Well, where there’s smoke, there’s fire.


I found another chart from the 2008-2009 range that shows me the proverbial you-know-what is getting ready to hit the fan.


And this one has me surer than ever that we’re due for a 10% rally – before everything drops off a cliff.


Once you see these charts, you’ll know what I mean…

This shows the percentage of companies trading above their 50-day moving averages on the S&P 500 from November 2007 to July 2009.


You’ll notice that little 10-12% rally at the end of October, right before it plummets back down.


Here is that same chart, but for 2022…

That little rally we’re seeing sure looks similar, doesn’t it?


(It sure does.)


In a vacuum, what we’re seeing would make me want to buy everything I can get my hands on.

We don’t trade in a vacuum, though.


As I said, in 2008, we ended up right back at the bottom before December hit.


Of course, while the charts are similar, the cause of the crisis is different.


While in 2008, we saw the housing and banking sectors pull everyone down, this time, The Fed is the one with its hands around our necks.


This short-term rally is just that – short term. You need to be ready for anything.


But I’ve been beating the drum, telling you to expect a little bear rally – something in the range of 10%.


And it looks like it’s finally arrived. But I’ll say it one more time – this rally is going to be short lived, so you need to be ready for anything.


For what it’s worth, I’m going to trade it for every nickel it’s worth.


There are going to be some serious opportunities to profit during both the rally and the eventual fall.


I’m going to have to do things a little different than usual if I’m going to fully capitalize, though.


We’ll be looking at a shorter holding period on these trades due to the volatile nature.


Because when I say, “You have to be ready for anything,” it’s because this thing’s going to be calling for some quick pivots.


That also means we’re looking at some serious opportunities to generate returns.


I’m talking triple-digit returns.


I closed out five puts on stocks with my Night Traders yesterday – all in the green, of course – because I knew the market was about to rally, and I wanted us to be protected from the sudden change of direction.


But for fresh trades in this landscape, it’s gloves off.


Like I said, we’re in for a bit of a rollercoaster in this market in coming months. There will be a rally, but it will be followed by an even deeper drop.


I won’t sugarcoat it. The market could plummet another 15% (or more) from its current bottom.


But that’s not something you should worry about, and I’ll show you why at 8 p.m. tonight.


That’s when I’m going live to show you three strategies that could double your account in the next 60 days.


I’ll show you what to trade and how to trade it.


I’ll walk you through exactly what I did to turn my own small $30,000 stake into $125,000. That way, even if you’ve got less capital to work with, you can get set up to do exactly what I did.


This is one you can’t afford to miss. I’ll see you there.


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