{"id":20003,"date":"2022-08-13T07:30:26","date_gmt":"2022-08-13T11:30:26","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=20003"},"modified":"2022-08-13T07:30:26","modified_gmt":"2022-08-13T11:30:26","slug":"why-it-pays-to-go-against-the-crowd","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/why-it-pays-to-go-against-the-crowd\/","title":{"rendered":"Why It Pays to Go Against the Crowd"},"content":{"rendered":"

Andrew’s Note:<\/strong> Fourteen years ago, Jeff Clark correctly predicted the 2008 Financial Crisis… months in advance. Now, he sees another crisis happening as soon as next week.<\/p>\n

He calls it, “America’s Darkest Hour” and it could destroy more wealth in a single hour than the entire 2008 Great Financial Crisis.<\/p>\n

Unfortunately, for many people this new crisis will come as a shock and a surprise… but Jeff sees it as an opportunity to potentially make triple-digit gains in as little as 24 hours.<\/p>\n

That’s why on Wednesday, August 17 at 8 p.m. ET<\/a>, he’s hosting a special presentation on how to turn this next crisis into a money-generating opportunity. This won’t last long so click here to reserve your spot<\/a>.<\/p>\n

And below, read on to see why some readers were mad about one of Jeff’s trade recommendations…<\/p>\n

\n

I’ve been trading the market for nearly four decades.<\/p>\n

I started when I was just 19 years old. Soon, I was managing money for some of California’s wealthiest residents. By the time I was 42, I was able to retire.<\/p>\n

So, what do I credit for my success?<\/p>\n

Doing the opposite of what everyone else is doing.<\/p>\n

It’s simple really…<\/p>\n

The most unpopular trades are the most likely to be profitable.<\/p>\n

Don’t ask me to explain it. I can’t.<\/p>\n

If you’ve followed me for any length of time, then you know I’m a contrarian at heart. I look for lower-risk trades, which by nature tend to be out of favor. And we profit as the trend reverses…<\/p>\n

But human emotions never change. Everyone wants to be in the hot stocks and the hot sectors. Risk isn’t a concern for most folks. Their focus is on the reward.<\/p>\n

So, when I started recommending trades in the retail sector… my subscribers were ticked off – even though we had tremendous success trading retail stocks up to that point.<\/p>\n

For example, a few years ago I recommended selling uncovered put options on Macy’s (M). We weren’t betting on a big rally in Macy’s shares. We were just betting the stock wouldn’t fall much further.<\/p>\n

To me, it seemed like an easy bet.<\/p>\n

At the time, Macy’s was trading for seven times earnings, and it paid a 7% dividend. Besides, we had sold uncovered put options<\/a> on Macy’s three times previously.<\/p>\n

Those trades generated returns of 15.3% in 12 days, 12.9% in 45 days, and 28.3% in 27 days.<\/p>\n

Those are enormous gains in such a short span of time… especially when it was unfavored by the market.<\/p>\n

So, I figured my subscribers would willingly jump at the chance to sell another series of uncovered put options on Macy’s when I recommended the trade a few months later.<\/p>\n

You wouldn’t believe the vitriolic email I received after that recommendation.<\/p>\n

That’s when I knew for sure we had a winning trade.<\/p>\n

You see… when even the folks who know I’m a contrarian trader HATE a trade I’m recommending, then I know there’s a good chance it’s going to be a winner.<\/p>\n

So after recommending the Macy’s trade – which generated better than a 13% gain in 36 days – I got more aggressive in the retail sector.<\/p>\n

I told subscribers to buy speculative call options<\/a> on Bed Bath & Beyond (BBBY).<\/p>\n

That trade produced a 117% gain in just two weeks. But you wouldn’t believe the heat I took on that recommendation.<\/p>\n

Folks thought I was nuts. Some people canceled their subscriptions because of it. And the feedback I got… well… let’s just say it was less than flattering.<\/p>\n

Fast forward to today…<\/p>\n

Despite soaring inflation, mass layoffs, and foreclosures, the market has been on a tear.<\/p>\n

Investors seem to have gotten carried away in the same emotion that led to the bull market over the past two years… before it came crashing down to reality.<\/p>\n

Reality hasn’t changed… Inflation is still here. Interest rates are slated for more rises. And a recession is looming over the horizon.<\/p>\n

In fact, I believe we’re headed toward what could be the most devasting crisis in modern history. An event similar to the Great Financial Crisis of 2008 is knocking on our door<\/a>…<\/p>\n

This crisis could wipe out YEARS of your wealth and retirement savings in as little as 60 minutes.<\/p>\n

Most folks won’t even see it coming. Many will get slaughtered… As they bid up overpriced stocks, chasing the highs that come along with rising share prices.<\/p>\n

As a contrarian, though, I’m skeptical. This market will come down to earth… and soon. This crisis is just days away…<\/p>\n

But I’m not worried. When the market is crashing and everyone is panicked – I do my best trading. 2008 was one of my best years ever.<\/p>\n

Going against the grain is what helped me retire a millionaire at just 42. That’s why I want to share my technique to profit… It could show you triple-digit gains in just a matter of hours – even in a crisis.<\/p>\n

But you need to act fast. This crisis is right around the corner…<\/p>\n

Make sure to attend my special briefing on August 17, at 8 p.m. ET so you can start preparing now<\/a>.<\/p>\n

Your retirement could depend on it…<\/p>\n

Best regards and good trading,<\/p>\n\n\n
\"signature\"<\/td>\n<\/tr>\n<\/table>\n

Jeff Clark<\/p>\n","protected":false},"excerpt":{"rendered":"

You wouldn\u2019t believe the vitriolic email I received after that recommendation…<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[7],"newsletter-type":[],"ticker":[],"class_list":["post-20003","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-jeff-clark"],"acf":[],"ai_tts_audio_outdated":false,"ai_tts_legacy_post":false,"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=20003"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20003\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=20003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=20003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=20003"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=20003"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=20003"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=20003"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=20003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}