The No. 1 Question We Get Today

It is the No. 1 question we get from new subscribers today...

In fact, we get more angry e-mails and phone calls about this subject than any other. No other question even comes close. It goes something like this...

Porter is bearish, but Steve Sjuggerud is bullish... What should I do?

That's true... Our analysts often have different opinions on macroeconomic issues, and sometimes even on individual stocks. It's actually one of the things about Stansberry Research we're proudest of.

We don't tell our analysts what to say. Unlike many other investment-research firms, we have no obligations to advertisers or the companies we're analyzing. We work only for you, our subscribers.

But we understand these differences of opinion can sometimes cause confusion... And that is certainly the case today.

After all, Porter is bearish. He believes we're headed for a serious bear market, and a period of massive credit defaults.

But Steve Sjuggerud remains bullish. While he believes we're in the "final innings" of this long bull market, he thinks stocks could still go much higher before it all ends.

If you're new to Stansberry Research, you may be surprised to learn that Porter and Steve actually agree on a great deal...

Both Porter and Steve agree that the current central-bank-fueled boom is likely to end in disaster. Their disagreement is mainly about the timing.

Porter believes the stock market is already rolling over, and another decline could begin as soon as this month. On the other hand, Steve believes the rally could continue for months – or even years – before a serious crisis begins.

There is plenty of evidence supporting Porter's case... And yet, there's no denying that Steve's super-bullish stance on stocks over the past few years has been correct.

So... what should you do?

In short, we continue to recommend being prepared for either scenario.

This means taking Porter's advice to sell risky assets, hold plenty of cash and gold, and hedge your portfolio by selling some stocks short. But it also means taking Steve's advice by staying long your highest-conviction positions and keeping a close eye on your trailing stops.

Believe it or not, even Porter agrees with this stance...

Despite the growing number of warning signs, he knows there is simply no way to be certain when the bear market will finally arrive. And just as important, some stocks are likely to do well even after it does. (This is why he and his team have continued to recommend select long positions in capital-efficient stocks in Stansberry's Investment Advisory.)

He even launched our educational Bear Market Survival Program to give you the skills you need to create a balanced portfolio for yourself.

Still, this answer hasn't satisfied everyone. Many subscribers have asked for more guidance in setting up their portfolios.

Unfortunately, we're prohibited from providing individual investment advice... And even if we could, we don't know enough about your specific circumstances to provide personalized guidance.

Why do we bring this up today?

Because during last night's live training event, Dr. Richard Smith showed how his new TradeStops "risk rebalancer" tool can help any investor ensure his portfolio is balanced and ready for whatever comes next.

Better yet, it's as easy as clicking a few buttons.

If you've been frustrated or confused about the best way to position your portfolio today, this tool alone makes TradeStops a "no brainer."

But this was just one of the many highlights from last night...

In short, we believe last night's TradeStops event was one of the most important and valuable educational webinars we've ever held. And because so many of you were unable to attend, we've decided to do something we've never done before...

For an extremely limited time, we're allowing Stansberry Research subscribers to view a complete, unedited replay of this must-see event. If you missed it last night – or would simply like to watch it again – click here.

New 52-week highs (as of 5/4/16): Welltower (HCN), McDonald's (MCD), and Nuveen Premium Income Municipal Fund 2 (NPM).

Today, one subscriber offers his portfolio allocation, and another sends praise for last night's TradeStops training. We would love to know what you think. Let us know at feedback@stansberryresearch.com.

"Porter, have not had the time to give you feedback till now. I've been a Stansberry reader for about 10 years now and try to learn each day. Weeks ago I started to move to cash and buy gold and gold stocks. After Friday's Digest, I stepped back and asked myself if I would be happy if my portfolio was unchanged from today to the end of the year. So, this week, I sold much of my portfolio and today, I am at 52% cash, 10% in gold and gold stocks, have 3 shorts and 3 bond positions and feel good going into the Summer. I sleep well at night. Thanks for your teaching." – Paid-up subscriber Frankjay

"Hi Folks; Good webinar last evening! I ended up taking the lifetime offer as I did with your services. I expect my ROI to be recouped in a relatively short period. Keep up the good work. And try not to pick on Steve too much, his data research is a good add but I agree the winds of reality are gathering and about to produce profound changes.

"Somehow I knew from childhood that I would see a collapse of the manipulated system we find ourselves living in. At 66 I await the reckoning that is about to commence. Prepare for the worst and pray for the best. Opportunities should become more prevalent for those who are prepared for the return of reality to a world of wishful thinking. Thanks for sounding the alarm bells to the conscious subscribers, I hope they are listening." – Paid-up subscriber M.H.

Regards,

Justin Brill
Baltimore, Maryland
May 5, 2016