[Click on the picture above to see where Murray thinks markets will head next. After predicting the correction in US stocks over the past month, Murray now expects volatility to increase further as the S&P 500 heads towards his target of 2650.]
For the last few weeks I have been shouting from the rooftops that the S&P 500 was on the verge of a sharp correction. It has been a good case study in my trading process, so I would recommend that you review past videos and see for yourself how I came to the conclusion that the correction was imminent.
I have also been analysing other markets for you over the past few months. About a month ago I called the high in the oil price and gave targets to $53 in WTI Crude oil when prices were at $63. That target has been reached in four weeks.
At the end of the day I am giving you this information because I want you to be a member of Alpha Wave Trader. I don’t want to give too much information away because I keep that for members, but I must share enough information with you so you can build up your own picture of my work and whether or not you want to join.
As I have said before, if you are interested in becoming a member just shoot me an email at firstname.lastname@example.org and I will send you some information.
There is now a playlist of my past work that you can go to here.
Even though I often focus on the indices or commodities in these updates, the great bulk of my work is in searching for small to midcap stocks that I think have a bright future. I use my technical analysis criteria to create scans of the market and then whittle the companies down from there using fundamental analysis.
I don’t want to reveal which companies are currently on my watch lists, but may have to start analysing a few of them for you in future so you can see how I meld fundamental and technical analysis into an overall trading and investing model.
There have been a few presentations in the past focusing on different sectors, and you will see in the playlist that I thought rare earth stocks were about to come back to life on 15 April 2019. The stocks I mentioned in that update are up around 100% in the past month alone.
I will continue to give you free information about the markets because we love to do that here at Port Phillip Publishing. We know most investors are only exposed to the mainstream and don’t understand that there are different methods for building wealth in the markets than buying an index fund and hoping for the best. So subscribe to my YouTube playlist, so you don’t miss any of my future updates.
Editor, Alpha Wave Trader