| By Jason Bodner, editor, Palm Beach Insider In 2017, cryptos were on a massive run… Bitcoin had rocketed from a low of $747 to as high as $20,000. Other cryptos soared, such as Verge, which went up an incredible 1,000,000%. There was serious FOMO (fear of missing out) in the air. By December 2017, everyone and their grandmother was asking about bitcoin. People wanted in on the rally… But few were prepared for what was coming next… Bitcoin crashed spectacularly, and we entered the brutal Crypto Winter of 2018. Many latecomers to the game got burned. | Recommended Link | | SHOCKING WALL STREET REVELATIONS IN THIS VIDEO… When I log in to my brokerage account… I rely on the data I see… I rely on the charts I see… What you are saying here… Is that I can’t rely on what I see? That sounds crazy. – Fernando Cruz, interviewing hedge fund legend Teeka Tiwari | | | -- | Now, I’m no expert in cryptos. But my colleague and world-renowned crypto expert Teeka Tiwari remains bullish on the space. I bring up the crypto crash not to say the stock market is setting up for one, too. I bring it up because now is not the time to go all-in on equities. You see, when cryptos were on fire during their bull run, people were still piling in irrationally. I don’t want you to make the same mistake with the stock market. “Tech Royalties” could be the answer to a fruitful retirement My data is signaling extremely overbought conditions. I’ve seen this movie many times. And today, I’ll tell you how it ends… Extreme Conditions “Jason, will this rally ever stop?” I can understand why people believe it may be different this time. No number of negative headlines – not even a raging pandemic, record-high unemployment, or nationwide protests – seems to stall this rally. But here’s my answer: “Of course, it will.” | Recommended Link | Amazing 17-Second Video Reveals Key to Tech Fortune… Have you seen this 17-second clip? It's created quite a stir on social media… In fact, it's already been viewed more than 3.1 million times. That's because it unveils an incredible new technology that could be in 75 billion devices by 2025. And possibly create more wealth for investors than all the FAANG stocks combined. | | | -- | I’ve been saying that for weeks now. And the data – which I go by – backs me up. Remember, my “unbeatable” stock-picking system scans nearly 5,500 stocks each day. It uses algorithms to rank each one for strength. And to make sure it’s highly accurate, comprehensive, and effective, I used my experience from nearly two decades at prestigious Wall Street firms – regularly trading more than $1 billion worth of stock for major clients. Urgent: Cell Phone Owners Beware But my system does more than just look at individual stocks. It also looks at the big-money buying and selling in the broad market through its Big-Money Index (BMI). And here’s what its data looks like right now… 
Now, when the index level dips to 25% (the green line in the chart) or lower, sellers have taken the reins, leading the markets into oversold territory. And when it hits 80% (the red line) or more, it means buyers are in control and markets are overbought. Currently, the BMI is still above 95%. So we’re in extremely overbought conditions and due for a pullback. So what should we do now? When the crypto market got frothy, savvy investors booked profits, once they realized a pullback was coming. (What Teeka calls “scooping some cream off the top.”) Then they used those profits to buy quality crypto projects at cheaper prices. We suggest a similar game plan for any winners you’re holding… | Recommended Link | “Genesis” technology – 32X bigger than 5G 5G and "AI" are all the rage… But here's what you likely don't know: The world's best investors are lining up behind an explosive new technology that could trump them all. Warren Buffett calls it “ingenious.” And The Wall Street Journal adds: "It's a foundational technology, like the Internet and electricity." Apple's co-founder, Steve Wozniak, who said 5G "is not going to impact me much"… is calling this "the future." In fact, according to research from the World Economic Forum, this new technology is on pace to be 32 times bigger than 5G! On January 1, 2020, an important event happened that will set this technology flying. But that's not the only one… 3 major catalysts are on tap for "Genesis" technology in 2020. | | | | We’ve Seen This Movie Before When markets reach nosebleed levels like they’re at now, taking profits is how you stay ahead of the game. Remember, my system is so accurate, it was only one trading day off in predicting the March 23 bottom. The BMI – our market timing indicator – called for the trough to be on March 20. And now, it’s pinpointing the top. One stock my system pinpointed was life sciences software firm Veeva Systems (VEEV). We added it to our list on March 17… and scooped it up when it pulled back the next day. Since then, it’s up nearly 92%. So if you’re sitting on some nice gains, consider booking some profits now. You can use that money later to buy high-quality stocks when the market pulls back. That’s how you stay ahead of the game. Patience and process! 
Jason Bodner
Editor, Palm Beach Insider P.S. My “unbeatable” stock-picking system has identified several more potential outliers. We’ll wait for the right moment to strike. As you know, timing is everything. It’s the same strategy we used to add double-digit winners like VEEV to my Palm Beach Trader portfolio. Now, it’s currently above its buy-up-to price. So I don’t recommend establishing a position now. But with a current 78% win rate – and an average win of nearly 80% – my portfolio still has plenty of winners to choose from. Plus, my system is identifying the next crop of outliers. And you can learn more about how it works right here…
Like what you’re reading? Send us your thoughts by clicking here. IN CASE YOU MISSED IT… Why America's New "Digital Dollar" Won't Come Cheap The coronavirus stimulus bill originally contained a dark secret… An early draft of the "Take Responsibility For Workers And Families Act"… Contained 31 references to the "digital dollar." Have a look at the version first debated in the House below… Democrats claimed it would be used to create a more "fair and equal" society. But in a surprise twist, it could also destroy the retirement savings of millions of hardworking Americans. Most Americans barely have $500 in the bank – which makes this bill a potential windfall. But for people who have done the right thing and set aside cash for retirement – the effect could be devastating. In fact… By the time you read this, your retirement savings could already be losing value. Go here right now for details on how to protect yourself… your family… and your retirement. 
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