Active Trading
In this market environment, I am preparing for anything, and that means I am adapting. I'm not changing my strategy. I'm adapting my tactics. Read More
In this market environment, I am preparing for anything, and that means I am adapting. I'm not changing my strategy. I'm adapting my tactics. Read More
There are two types of people in the world: those who get out of the way of falling objects and those who ignore risk by trying to catch knives. Read More
There are two types of people in the world: those who get out of the way of falling objects and those who ignore risk by trying to catch knives. Read More
The stock market is undergoing an official correction, which means the price has fallen at least 10% from its high. The question is why. I’ve written about this before as the situation was unfolding. But as I consider the current state of the stock market right now, there are the only three possibilities I see… and two of the three point to even lower prices. Here Are The Three Possibilities I See: 1) The decline is an overreaction to coronavirus fears. 2) The decline is a justified reaction to the possibility of a… Read More
The stock market is undergoing an official correction, which means the price has fallen at least 10% from its high. The question is why. I’ve written about this before as the situation was unfolding. But as I consider the current state of the stock market right now, there are the only three possibilities I see… and two of the three point to even lower prices. Here Are The Three Possibilities I See: 1) The decline is an overreaction to coronavirus fears. 2) The decline is a justified reaction to the possibility of a pandemic. 3) This is a typical decline that precedes a recession. The best case is that the market is overreacting to the coronavirus. But we have seen pandemics before, and traders didn’t react like this. For example, in 2009, pH1N1 influenza swept across the globe. According to the CDC reports, from April 2009 to April 2010, the United States experienced approximately 60.8 million cases, 274,304 hospitalizations, and 12,469 deaths due to the virus. And what did the stock market do? A lot, actually. Over that same period, the S&P climbed 48%. So, the last time we dealt with a… Read More
In the coming weeks, long-term investors need to be selective and focus on stocks they are comfortable holding for the long run. Traders are likely to see opportunities develop as the market stabilizes. Read More
In the coming weeks, long-term investors need to be selective and focus on stocks they are comfortable holding for the long run. Traders are likely to see opportunities develop as the market stabilizes. Read More