Become a Member

written by reader The day the market will crash in 2022

By gmollander, January 13, 2022

Stansberry research Greg Diamond says he knows when the next market crash is coming . He is hosting an “event ” today at 8pm eastern . Does anyone have any ideas about what he is pitching ?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

18 Comments
Inline Feedbacks
View all comments
Allan
Allan
January 14, 2022 2:39 pm

Diamond is predicting the market will begin to crash on Feb 11, 2022. At that time he recommends buying a June 440 Put to take advantage of the downward move he sees coming in the markets.

Add a Topic
Greg Diamond
Add a Topic
2022 Crash
roozie
January 16, 2022 7:21 am
Reply to  Allan

What is his rationale for that precise date, do you know?

👍 25
luipino
luipino
January 17, 2022 7:29 pm
Reply to  roozie

based on Gann Cycles and his past trades and performance have all come from following the Gann Cycle dates. I have been looking into Gann cycle dates and the calendar did predict market lows for years of 1987, 2008. Attached is the Gann cycles i downloaded and it is very interesting and seems to make sense. As for following Diamond and his picks & dates the cost is $2,000.00 and it may very well be worth. I will buy puts and short the market coming into mid Feb after earnings season. Good Luck All

GANN Cycle.GIF
bunion132
January 18, 2022 8:11 pm
Reply to  luipino

luipino, If you don’t mind, can you explain why in this chart the year 2024 is highlighted in red as the Crash Year instead of 2022? I watched the webinar and Diamond was so confident that stocks will start plummeting in Feb 2022 — i.e. following Gann’s 90-year cycle in which 2022 will be a reversal of 1932.

Perhaps I am not reading your attachment correctly?

Also, for those not trading in Options, is there an equivalent price range using regular trading for the SPY puts that Gann plans to trade?

Add a Topic
9139
Add a Topic
570
Add a Topic
6068
👍 441
dnovatchev
February 11, 2022 5:25 pm
Reply to  Allan

Today is Feb. 11th.
Seems Greg Diamond was quite precise!

👍 1
Roozie
February 11, 2022 6:01 pm
Reply to  dnovatchev

Surely just coincidence though with the Russian-Ukraine sit destabilising mkts today..? Am sincerely hoping it’s not the big one as he predicts!

dnovatchev
March 26, 2023 2:35 pm
Reply to  Roozie

Was it not? 🙂

👍 1
Allan
Allan
January 14, 2022 2:40 pm

That trade rec. is on SPY

Add a Topic
Greg Diamond
Add a Topic
2022 Crash
mattremote
January 21, 2022 5:10 pm

Like Travis, I am using QQQ as a proxy for smaller cap than SPY (S&P 500). I have QQQ Puts at 300. I was going to start up a monthly roll of hedging puts and got the June 30s in first. I was going to buy May 20 Puts today and then roll into July, August, etc., keeping a four-month series of Puts in place. But the market dropped out from under my May QQQ Put order before any action. The June Puts did well today, of course, but I missed a big win on the May Puts.

Add a Topic
6069
Add a Topic
6068
👍 120
dnovatchev
January 30, 2022 1:34 pm
Reply to  mattremote

I bought June 17 SPY Puts at 339. Good so far.
Can someone recommend at what level of profit is best to sell these?

Add a Topic
6068
👍 1
bunion132
May 22, 2022 12:44 pm

Apparently Greg Diamond is pitching Options to play right before/during the crash he predicts. Am quoting him (verbatim) on 5 of the 10 stocks/ETFs below. However, timing is crucial, so when to make the moves is when he says so — to be obtained by subscribing to his newsletter. But of course.

“Here are the 5 stock picks from our Crash 2022 event this week:

Treasury Bond ETF (TLT)
Gold Miners ETF (GDX)
Advanced Micro Devices (AMD)
Caterpillar (CAT)
SPDR S&P Trust (SPY)
But I do NOT recommend you buy these stocks.

Instead, I recommend you place a special transaction – for the chance to double your money on each stock – without buying a single share.”

Add a Topic
570
Add a Topic
900
Add a Topic
12333
👍 441
emacrt7
emacrt7
May 24, 2022 1:10 pm
Reply to  bunion132

Is he saying to buy puts on these 5 stocks? sorry for my confusion…

bunion132
May 24, 2022 6:54 pm
Reply to  emacrt7

Your question would be best answered by one that trades Options and is a subscriber to Diamond’s newsletter. Sorry, I’m neither. The stock picks mentioned above were freebies listed in an ordinary email. However, based on a couple of responses above, it would seem Diamond is talking about Puts.

Add a Topic
570
Add a Topic
5271
👍 441
dasphinx
dasphinx
May 23, 2022 7:52 pm

He is now pedicting May 26 as an important date, and looking at a Gann chart it actually would be the turning date for a huge bear market rally. Wondering if anyone has subsvribed to hs Ten Stock Trader service?

👍 13
trademaster
trademaster
August 11, 2022 9:28 pm

This is a poor service! Or disservice. He recommends call and put options for about 10 stocks or funds, hence the brilliant name. And he uses a lot of TA to tell us exactly what will happen, often with nearly 100% confidence. I bought into it in December 2020 and after several losing trades and several thousand dollars, I canceled and used the money for another Stansbury service (I’m pretty much done with them by now tho). Unfortunately, however, they kept my phone app access, and over the past few months, I’ve looked at it again and placed a few more trades. Bad idea. He recommended FedEx puts in May, Apple puts in June, and IWM puts in July. These are Aug and Sept expiration puts. Look what these stocks have done over these weeks! I put a few hundred into each and lost 90+%. I buy some options on my own and make out MUCH better. A healthy profit even. Don’t know how he still has this gig going. I mean, I don’t want to hate on him, but for me his results do suck, and perhaps you all should stay away. I’ve deleted the app, BTW.
One other thing, not sure why he’s apparently not reviewed here on Gumshoe under the Newsletters. I may have to cut and paste this….

Add a Topic
570
👍 6
trader joe
Member
trader joe
November 8, 2022 2:52 pm
Reply to  trademaster

The Ten Stock Trader newsletter is reviewed on Gumshoe. Dusty3 did an extensive study of all his recommendations going back to mid-June of 2021. It covers about 70 recommendations. The results were quite good. I am a recent subscriber and have traded his three recommendations since, all of which have now closed. I made really nice profits on all three. Small sample, but that’s my experience.

STASH
Guest
STASH
August 28, 2022 2:38 pm

Greg Diamond says the stock markets will have a Massive: AfterShock on Sept. 6th 2022 and his “FREE” option pick is Buy The Spy 2022 12/16 275 PUTS.

Add a Topic
13205
Add a Topic
6068
Normally Dubious
Irregular
September 9, 2023 1:29 pm
Reply to  STASH

Now Phil Anderson is giving a presentation about the Gann chart. The consensus of his presentation seen 9/9./23 is a bull market for several years to come. Or a Melt Up like Dr. Sjuggerud likes to call it.

👍 239

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info  
34
0
Would love your thoughts, please comment.x
()
x