{"id":23486,"date":"2025-03-14T07:30:00","date_gmt":"2025-03-14T11:30:00","guid":{"rendered":"https:\/\/jeffclarktrader.com\/market-minute\/?p=23486"},"modified":"2025-03-13T09:02:59","modified_gmt":"2025-03-13T13:02:59","slug":"introducing-the-wife-indicator","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/introducing-the-wife-indicator\/","title":{"rendered":"Introducing the Wife Indicator"},"content":{"rendered":"<p>My wife told me she heard the stock market was about to crash.<\/p>\n<p>It was Tuesday morning. The S&amp;P 500 had taken out Monday&rsquo;s low and was trading near 5550. It looked like stocks were heading over a cliff, and capitalism was dying.<\/p>\n<p>Gabriela entered my office and asked me a question she has NEVER asked in our entire 32 years together&hellip;<\/p>\n<p>&ldquo;How does the market look today?&rdquo;<\/p>\n<p>From anyone else, this is a reasonable question. After all, the stock market is my &ldquo;gig.&rdquo; And, with the wild volatility of late, my opinion might be of some value.<\/p>\n<p>But, as any married man can attest, the husband&rsquo;s opinion is rarely requested.<\/p>\n<p>&ldquo;Why would you ask me that?&rdquo; I responded.<\/p>\n<p><script type=\"text\/javascript\">\nvar rnd = window.rnd || Math.floor(Math.random()*10e6);\nvar pid841532 = window.pid841532 || rnd;\nvar plc841532 = window.plc841532 || 0;\nvar abkw = window.abkw || '';\nvar absrc = 'https:\/\/servedbyadbutler.com\/adserve\/;ID=179197;size=0x0;setID=841532;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid841532+';place='+(plc841532++)+';rnd='+rnd+'';\ndocument.write('<scr'+'ipt src=\"'+absrc+'\" type=\"text\/javascript\"><\/scr'+'ipt>');\n<\/script><\/p>\n<p>&ldquo;Well,&rdquo; Gabriela replied, &ldquo;I heard the market was about to crash. So, I wanted to check and see if it was happening today.&rdquo;<\/p>\n<p>That can only mean one thing&hellip;<\/p>\n<p>The thought of a crashing stock market has become so &ldquo;mainstream&rdquo; it is being discussed on the various &ldquo;Housewives&rdquo; shows on the BRAVO network.<\/p>\n<p>Don&rsquo;t get me wrong&hellip; Gabriela is wicked smart. She runs a wildly successful company. She can debate on any number of complicated issues.<\/p>\n<p>But, she doesn&rsquo;t follow the stock market. And, she hardly ever expresses a market-related opinion to me.<\/p>\n<p>So, if she&rsquo;s commenting on the market right now, it&rsquo;s because whatever is happening is being talked about on one of Gabriela&rsquo;s guilty pleasures &ndash; either mind-numbing television shows, or mind-numbing Instagram postings.<\/p>\n<p>And, it is a fantastic contrary indicator.<\/p>\n<p><script type=\"text\/javascript\">\nvar rnd = window.rnd || Math.floor(Math.random()*10e6);\nvar pid841533 = window.pid841533 || rnd;\nvar plc841533 = window.plc841533 || 0;\nvar abkw = window.abkw || '';\nvar absrc = 'https:\/\/servedbyadbutler.com\/adserve\/;ID=179197;size=0x0;setID=841533;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid841533+';place='+(plc841533++)+';rnd='+rnd+'';\ndocument.write('<scr'+'ipt src=\"'+absrc+'\" type=\"text\/javascript\"><\/scr'+'ipt>');\n<\/script><\/p>\n<p>If a market belief has become so prevalent that even my wife is talking about it, then it is a sure-fire sign we&rsquo;ve ventured into &ldquo;extreme territory&rdquo; and we&rsquo;re on the cusp of a reversal.<\/p>\n<p>The S&amp;P 500 traded as low as 5530 on Tuesday.<\/p>\n<p>At that point, the index was down 10% from the February high &ndash; putting it in &ldquo;correction&rdquo; territory. We now have extremely oversold technical conditions.<\/p>\n<p>Investor sentiment, a contrary indicator, is as bearish as it has been since the Covid-inspired correction of 2020.<\/p>\n<p>The Volatility Index has generated a cluster of five buy signals in just the past two weeks. We&rsquo;re entering the seasonally bullish period of the second half of March.<\/p>\n<p>And, Gabriela heard the stock market is about to crash.<\/p>\n<p>It looks to me like everything is lining up for one heck of an oversold bounce.<\/p>\n<p>Best regards and good trading,<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.jeffclarktrader.com\/global\/signatures\/jeff-clark-signature.png\" alt=\"Signature\" width=\"200\" style=\"max-width:200px;width:100%\" \/><\/p>\n<p>Jeff Clark<br \/>\nEditor, <em>Market Minute<\/em><\/p>\n<div class=\"card card-body bg-light mb-4 mt-4\">\n<p style=\"text-align: center\"><strong>Free Trading Resources<\/strong><\/p>\n<p>Have you checked out Jeff&rsquo;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 \u2013 at zero cost to you. Just <a href=\"https:\/\/jeffclarktrader.com\/\" target=\"_blank\" rel=\"noopener\">click here<\/a> to check it out.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>My wife told me she heard the stock market was about to crash.<\/p>\n","protected":false},"author":100,"featured_media":0,"comment_status":"closed","ping_status":"0","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-23486","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\/23486","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\/100"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=23486"}],"version-history":[{"count":1,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/23486\/revisions"}],"predecessor-version":[{"id":23492,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/23486\/revisions\/23492"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=23486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=23486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=23486"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=23486"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=23486"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=23486"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=23486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}