{"id":20280,"date":"2022-10-28T07:30:19","date_gmt":"2022-10-28T11:30:19","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=20280"},"modified":"2022-10-28T07:30:19","modified_gmt":"2022-10-28T11:30:19","slug":"go-against-the-crowd","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/go-against-the-crowd\/","title":{"rendered":"Go Against the Crowd"},"content":{"rendered":"<p><strong>Jeff&rsquo;s Note:<\/strong> We&rsquo;re now just days away from an invisible <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC158948\" target=\"_blank\" rel=\"noopener\">$4 trillion &ldquo;market snap&rdquo;<\/a> that&rsquo;ll put most investors&rsquo; wealth at stake&hellip;<\/p>\n<p>But while others panic&hellip; I&rsquo;m simply going to sit back, wait for a stock to &ldquo;snap,&rdquo; and make a big money-move.<\/p>\n<p>The last time this event hit, my subscribers had at least 44 opportunities to swiftly profit during a 40-day timeframe. But these kinds of opportunities rarely make headlines&hellip;<\/p>\n<p>That&rsquo;s why on November 2 at 8 p.m. ET, I&rsquo;ll reveal exactly what to do with your portfolio to potentially turn this bear market famine into massive gains. <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC158948\" target=\"_blank\" rel=\"noopener\">Click here to automatically reserve your spot<\/a>.<\/p>\n<hr>\n<p>I&rsquo;ve been trading the market for nearly four decades&hellip;<\/p>\n<p>I started when I was just 19 years old. Soon, I was managing money for some of California&rsquo;s wealthiest residents. By the time I was 42, I was able to retire.<\/p>\n<p>So, what do I credit for my success?<\/p>\n<p>Doing the opposite of what everyone else is doing.<\/p>\n<p>It&rsquo;s simple really&hellip;<\/p>\n<p>The most unpopular trades are the most likely to be profitable&hellip; especially in a bear market.<\/p>\n<p>Don&rsquo;t ask me to explain it. I can&rsquo;t.<\/p>\n<p>If you&rsquo;ve followed me for any length of time, then you know I&rsquo;m a contrarian at heart. I look for <em>lower-risk trades<\/em>, which by nature tend to be out of favor. And we profit as the trend reverses&hellip;<\/p>\n<p>But human emotions never change. Everyone wants to be in the hot stocks and the hot sectors. Risk isn&rsquo;t a concern for most folks. Their focus is on the reward.<\/p>\n<p>So back when I originally started recommending trades in the retail sector &ndash; even though we had tremendous success trading retail stocks up to that point &ndash; my subscribers were ticked off.<\/p>\n<p>For example, I recommended selling uncovered put options on Macy&rsquo;s (M). We weren&rsquo;t betting on a big rally in Macy&rsquo;s shares. We were just betting the stock wouldn&rsquo;t fall much further.<\/p>\n<p>To me, it seemed like an easy bet.<\/p>\n<p>At the time, Macy&rsquo;s was trading for seven times earnings, and it paid a 7% dividend. Besides, we had sold uncovered <a href=\"https:\/\/www.jeffclarktrader.com\/glossary\/#putoption\" target=\"_blank\" rel=\"noopener\">put options<\/a> on Macy&rsquo;s three times previously.<\/p>\n<p>Those trades generated returns of 15.3% in 12 days, 12.9% in 45 days, and 28.3% in 27 days.<\/p>\n<p>For an unloved stock, those are favorable gains in a short span of time&hellip;<\/p>\n<p>So, I figured my subscribers would willingly jump at the chance to sell another series of uncovered put options on Macy&rsquo;s when I recommended the trade a few months later.<\/p>\n<p>You wouldn&rsquo;t believe the vitriolic email I received after that recommendation.<\/p>\n<p>That&rsquo;s when I knew for sure we had a winning trade.<\/p>\n<p>You see, when even the folks who know I&rsquo;m a contrarian trader HATE a trade I&rsquo;m recommending &ndash; then I know there&rsquo;s a good chance it&rsquo;s going to be a winner.<\/p>\n<p>So, after recommending the Macy&rsquo;s trade &ndash; which generated better than a 13% gain in 36 days &ndash; I got more aggressive in the retail sector.<\/p>\n<p>I told subscribers to buy speculative <a href=\"https:\/\/www.jeffclarktrader.com\/glossary\/#calloption\" target=\"_blank\" rel=\"noopener\">call options<\/a> on Bed Bath &amp; Beyond (BBBY).<\/p>\n<p>That trade produced a 117% gain in just two weeks. But you wouldn&rsquo;t believe the heat I took on that recommendation.<\/p>\n<p>Folks thought I was nuts. Some people canceled their subscriptions because of it. And the feedback I got&hellip; well&hellip; let&rsquo;s just say it was less than flattering.<\/p>\n<p>As a contrarian, I look at this bear market and see lots of opportunity. But many folks are worried about the large losses in their portfolio.<\/p>\n<p>In stark contrast to last year, pretty much every stock in the market has been hammered this year. The S&amp;P 500 is down over 20% since January.<\/p>\n<p>But with my recommendations, you could have profited at least 50 different times this year.<\/p>\n<p>Here&rsquo;s what I want to put on your radar now&hellip;<\/p>\n<p>There&rsquo;s a $4 trillion event right around the corner that could cause dozens of popular stocks to freefall overnight, causing a market &ldquo;snap.&rdquo;<\/p>\n<p>The result? A rapid-fire barrage of profit opportunities on some of the biggest stocks in the market.<\/p>\n<p>In my entire 40-year career in the markets, I&rsquo;ve seen this kind of setup only a few times before. Unfortunately, because most folks are glued to the television watching the financial talking heads, they&rsquo;ll miss it.<\/p>\n<p>Failure to prepare for this &ldquo;snap&rdquo; could be devastating, especially if you&rsquo;re a buy-and-hold investor.<\/p>\n<p>So for folks managing their own money, this may be the most important event you need to pay attention to right now&hellip;<\/p>\n<p>Make sure to <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC158950\" target=\"_blank\" rel=\"noopener\">attend my special briefing on November 2, at 8 p.m. ET<\/a>&hellip; so that you&rsquo;re prepared to fall on the right side of this market &ldquo;snap.&rdquo;<\/p>\n<p>This could be your big chance to recoup the losses you suffered this year, and potentially reap decades&rsquo; worth of gains. I&rsquo;ll even give away the names of three tickers that are on my watchlist to all who attend.<\/p>\n<p><a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT682897&#038;eid=MKT685320&#038;step=start&#038;plcid=PLC158950\" target=\"_blank\" rel=\"noopener\">Click right here to automatically reserve your spot now<\/a>.<\/p>\n<p>Best regards and good trading,<\/p>\n<table style=\"margin-bottom: 20px;\">\n<tr>\n<td><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.jeffclarktrader.com\/global\/signatures\/jeff-clark-signature.png\" width=\"200\" height=\"77\" alt=\"signature\"><\/td>\n<\/tr>\n<\/table>\n<p>Jeff Clark<\/p>\n<p><!-- MAILBAG BEGIN --><\/p>\n<h2 style=\"text-align:center\"><strong>Reader Mailbag<\/strong><\/h2>\n<p>Do you think contrarian trading is an effective bear market strategy?<\/p>\n<p>Let us know your thoughts &ndash; and any questions you have &ndash; at <a href=\"mailto:feedback@jeffclarktrader.com\">feedback@jeffclarktrader.com<\/a>.<\/p>\n<p><!-- MAILBAG END --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a contrarian, I look at this bear market and see lots of opportunity\u2026<\/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-20280","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-jeff-clark"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20280","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=20280"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20280\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=20280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=20280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=20280"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=20280"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=20280"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=20280"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=20280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}