The Man Who Called the Bank Run Has Another Warning

Marc Chaikin called the recent bank run... Listen to his next warning for free... A sneak peek... Don't panic, prepare... A reminder to stay patient... How to take out insurance on a market crash...

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It can be difficult to predict a bank run...

But our friend Marc Chaikin, founder of our corporate affiliate Chaikin Analytics, did just that about five months ago. Close readers might remember the presentation we shared from Marc, a 50-year Wall Street veteran, back in November...

During it, he not only talked about the "bullish personality change" that he was seeing in the markets, but he also offered a big warning about an underlying major financial reset ahead that could cause a run on banks unlike anything in U.S. history.

As we wrote in the days leading up to his free event back then...

You can't afford to miss what this Wall Street legend has to say – especially if you have large amounts of cash in the bank right now.

Marc, who worked with some of Wall Street's biggest names throughout his career, got calls from concerned family and friends when he warned of a looming bank crisis... "How could you say that in public?" they asked.

Well, he has already been vindicated...

We've seen one major bank run in Silicon Valley that caused ripple effects throughout the system, sparking the Federal Reserve to step in with a rescue and stomp out contagion fears. And, not to be a fearmonger, but there is a chance we could see more...

Turns out, the catalyst for yesterday's sharp sell-off into the close wasn't anything Federal Reserve Chair Jerome Powell said yesterday, but what Treasury Secretary Janet Yellen did in a congressional event as Powell was wrapping up his post-Fed-meeting press conference.

As our Stansberry NewsWire editor C. Scott Garliss shared in a private note today...

She said the White House is not considering plans to raise the FDIC deposit insurance cap above $250,000.

This threw investors for a loop after Treasury Department officials said earlier this week they were looking into how they could do this without Congressional approval.

Elizabeth Warren, among others, had floated the idea over the weekend as a way to placate the potential for more bank runs.

But I (Corey McLaughlin) digress from where we started today... I want to tell you why I'm listening to Marc. He's one of the sharpest investing minds I know, creating a widely used "Power Gauge" to evaluate stocks... calling the COVID-19 crash and the sell-off of 2022... and having the foresight to warn about the banking system months ago.

And not only that, but he suggested an alternative "cash vehicle" to use instead in the stock market. Safe to say, that was all a prescient message that likely made his subscribers – plus the thousands of people who just tuned in to hear his free warning – very happy.

Now, Marc is stepping forward to make another call...

He's going live with it next Tuesday, March 28, and good news... It's free to listen or watch. You can sign up for it right now here.

In short, despite all the panic you're hearing about – which is really what a bank run is – he says better times are ahead for the stock market. That doesn't mean all stocks, but he's confident that you can make big profits from the right specific sectors and individual names for the rest of this year.

He's saying that despite everything in the news today, you don't need to panic, but you do need to prepare.

It's like the "reversal window" outlook from our Dr. David "Doc" Eifrig that we shared in yesterday's Digest... But Marc takes a different approach to trading and investing, based on his unique idea and the proprietary tools he has created over the years.

Without giving too much away, here's a sneak peek...

Marc says there's an indicator that just triggered that has only appeared a handful of times since 1950... And every single time, it has predicted the stock market's next move. It has a 100% success rate.

Of course, knowing this indicator is one thing, but knowing what to do with the information is another. So on Tuesday, Marc is stepping forward to show you the one thing he believes you need to do this year to be on the right side of history.

This is a strategy that Marc first devised in the 1970s while working on Wall Street to make big gains for his clients. Now, and as he has done for the last decade, he wants everyday investors to profit from the wisdom he built over his long career.

"If you have any money in a bank account today," he says you can't miss his newest warning. If any of this sounds at all interesting to you, I urge you to listen in on Marc's free event...

We just ask that you sign up in advance so you don't miss a minute. You can do so here.

And stay tuned for more...

Dan Ferris and I just recorded an interview with Marc for the Stansberry Investor Hour podcast that we'll release early next week. You can hear more directly from Marc during that episode... And you can also hear some more detail from him in our featured video below.

In short, there's no shortage of ways to get a taste of Marc's message. And for a number of reasons, it's especially timely for everyday investors to hear right now. Don't miss this free event.

To close things out...

A few of our more short-term-minded traders see some signs that a leg higher for stocks could be ahead... Ten Stock Trader editor Greg Diamond is eyeing up some trades and took a good look at the major U.S. stock indexes for subscribers today. He said...

Patience is still needed, but we are finally getting some clarity now that the Federal Reserve meeting is complete on what comes next for the direction of stocks and I like what I'm seeing.

Today, the U.S. indexes regained all of the losses in morning trading but finished the day mixed. And longer-term bond yields were up slightly while shorter-term yields were down as the yield curve shows signs of possibly returning to a semblance of "normal."

Meanwhile, DailyWealth Trader editor Chris Igou analyzed the regional banking sector and says that history suggests the recent crash "could lead to fantastic gains" but "it could be a rocky road" higher. He also preached patience for the right risk-reward opportunity.

Of course, it's dangerous to be 'sure' the worst is over...

It's always wise to at least consider that things will get worse before they get better in the long run. That's just sound risk management. As Dan published in his new issue of The Ferris Report last night...

Some of my esteemed colleagues believe the worst is already behind us. And they could be right. But the five key signals I'll discuss this month warn that now is not the time for complacency. Instead, we must brace for the next fall.

Importantly – and this is where a lot of people tend to get hung up on bearish warnings – after running through his five signals, Dan also said...

Warning you of the likelihood of an imminent market crash doesn't mean I recommend betting your entire portfolio on a market crash. It means that this month, I recommend you take an insurance-like position that will allow you to profit from a market crash.

If the crash occurs, this position will provide you with extra capital you'll need to take advantage of lower stock prices. And if the crash doesn't occur, we'll maintain the position as an insurance policy until it's time to cut losses and move on.

This is part of smart portfolio management. Stansberry Alliance members and existing The Ferris Report subscribers can get all of the details in Dan's latest issue right here. He runs folks through exactly how to take out this "insurance policy" on a market crash.

New 52-week highs (as of 3/22/23): SPDR Bloomberg 1-3 Month T-Bill Fund (BIL), inTEST (INTT), and Torex Gold Resources (TORXF).

In today's mailbag, feedback on Retirement Millionaire editor Doc Eifrig's expectation for a "reversal window" in the markets... and more thoughts on the "RV indicator" we wrote about in Tuesday's Digest... Do you have a comment or question? As always, e-mail us at feedback@stansberryresearch.com.

"I'm going to investigate Doc's reversal research but he could be on to something. I've noticed that, in mid-January, the S&P 500 went over the 200-day moving average and, in February, finally established a higher high instead of all the lower highs since the end of 2022. It did fall below the 200dma in March but has now has gone above it again, showing strength, and even [yesterday it was] above the 200dma... The Dow also made a higher high in November and has now made a higher low, and the Nasdaq is similar to the S&P 500.

"All these are good indicators that the market is changing towards positive momentum, even after March's volatility and Yellen's pulling the rug out from under depositors on Wednesday. I'm not a religious fanatic regarding these moving averages, but they are important indicators and their relative strength gives me cause for at least short term optimism..." – Paid-up subscriber Mark P.

"Appreciated the 'RV indicator', but love the 'box indicator'. The first represents a slice of the economy, the latter nearly the whole shebang." – Paid-up subscriber D.M.

"Back in the mid 60s the U.S. economy was based on car sales – and everything in them as most everything was made in America. Times change. Number of kids per family now averages 1.8 down from the 2.64 in the 60s.

"You cannot base the future of the U.S. economy on anything in the past due to globalization (export of jobs and manufacturing) overseas.

"And I pass a self-storage facility often. Seems the RV's never leave. The younger generations do not want the trappings and timeshares of past generations." – Paid-up subscriber Joe W.

Corey McLaughlin comment: Thanks for the note, Joe. Yes, times have changed, with a big one being the export of jobs and manufacturing overseas over the years. For that reason, trends where there's still a strong "Made in the USA" economy – like Elkhart County, Indiana for RVs – provide a valuable look at what's happening in the "real" American economy.

I don't think the "RV indicator" should be used as an end-all, be-all for making investing decisions... But it can be helpful for context when used as a leading indicator of trends that could become pervasive in the broader economy. All that said, most economic data is backward-looking, while stock market movement tends to reflect future expectations.

All the best,

Corey McLaughlin
Baltimore, Maryland
March 23, 2023