SPX 4150 to 3900. This time, we were (very) ready.
I wasn't kidding when I said I wasn't going to let our Patreon Community get rug-pulled by the market again. Like this email to show some love. ❤️
Note: Due to the high-anxiety in the market, I have decided to publish my June 1st half investment strategy report to my public audience - for free as a way to pay it forward to my audience. This will give you an opportunity to see what we discussed, and how we were VERY prepared and reduced risk when SPX was in the 4150-4200 region.
Dear YT Friends & Public Investment Community,
This past week was painful to many market participants.
Even though my Community’s pain was greatly mitigated since they took my proactive guidance to reduce risk across their positioning when SPX was in the 4150-4200 region (where I discussed the counter-trend rally running out of steam), I empathize with your feelings of uncertainty.
Look, I want to help you. I believe I’ve said on social media many times that I’m tired of seeing retail investors get tricked over and over again by persuasive headlines that put people in the wrong positioning.
The number of retail investors who went full bullish positioning at SPX 4150+ is a lot bigger than you think. This recent retracement is particularly hard on those who chased the recent counter-trend rally.
I am going to keep this note very brief.
And I am going to share with you my June 1st Half Investment Research Note here.
The purpose of me sharing this note with you is to help you fully understand what we do inside my Community.
Most of my public audience has NO idea what we do inside my Patreon Investment Community. Only when they join do they realize that they should have joined a long, long time ago.
I want you to understand the guidance that I’ve been providing.
And if you like my style, you share my values/philosophy, and you like my thought process, then I urge you to take the next step and let me serve as your Strategist to guide you during the upcoming macro events that could serve up substantial volatility.
Here is my June 1st Half Report Summary (file below):
Discussed 4150 SPX being no longer “asymmetrical” and that risk-reduction was the core strategy
Discussed investor psychology during moments of pain & euphoria (I provide psychological/mental stamina strategy for our members)
Discussed Alibaba, Costco, Dollar Tree earnings implications on economy
Discussed ARKK still being unfavorable at this moment in time
Discussed China demonstrating strong risk/reward (especially Alibaba during the 80-90 range)
You can see in the image below that everything in our Bi-Weekly reports is timestamped and clearly marked. This report was published on 5/30. (Click file link PDF below where it says 1.99MB).
Now, I want you to know this strategy note’s guidance has already played out. The more important conclusion is where markets go from here.
I’m already working assessing where the market goes from here. My Bi-Weekly report is coming up, and I do not want you to miss it.
That said, more important than my research is the actual tangible impact it is having on my community.
You can see below that this period of market volatility has provided me a tremendous opportunity to step up and provide the actionable insights that have strengthened our hands at time of great uncertainty.
(Image of my Investment Community News Feed)
If you enjoy my work, now is the time to take full advantage of my actionable research and strategy to navigate this incredibly challenging market.
I really want to help you.
My desire to help you is reflected in my membership pricing. It’s inclusive, it’s globally accessible, and it was designed to be affordable during all parts of the economic cycle.
Investments is a team sport, and I want to be your Captain.
That’ll do for this update.
Social: https://www.instagram.com/larrycheungcfa/
Twitter: https://twitter.com/LarryCheungCFA
Patreon Investment Community: https://www.patreon.com/larrycheung
❤️ this email if you enjoyed the read. And see you in my next Youtube Video.
Your Investment Strategist,
Larry
Important note: My public letters are not financial advice. You must do your own research. They are designed for educational purposes only.