Browsing: The Rude Awakening
So here’s the smart way to trade IPOs: You wait for the run-up and the subsequent fall. Then, when the price stabilizes and breaks above the bottom of the crash zone, you have a great chance to buy a “post-hype” IPO for the long haul.
Look, we're not contrarian just for the sake of being contrarian. Only idiots are. And yes, the market will eventually drop. But the charts will tell us when it's time to sell. And right now, they're screaming "BUY". There's simply no other way to put it.
Oil isn't magically jumping to $100 anytime soon. As I said, it could fluctuate around $50 for the foreseeable future. That's great news for businesses using a lot of fuel. Operating costs are way down, which means higher profits. And higher stock prices.
What's causing it? Cheap gas, low interest rates and rising wages. That means the good ol' boys have more cash in their pockets. And companies catering to them are taking off.
Walmart and Target have run rings around the S&P 500. Target's up almost 30%, while Walmart is up a cool 13%. The S&P inched ahead with a 6% gain over the same timeframe.
Even though the signs of the crash were obvious in hindsight, hardly anyone sold in early 2008. Why? Because traders were "flying" in clear skies. They didn't believe their instruments, which were flashing bright warning signs of bad weather ahead. And many crashed as a result...
If you're able to find trades like this example on a consistent basis, you'll be well on your way to building a market-busting portfolio over time. But in reality, much smaller gains are all you need. It's all about small gains adding up to big profits--and avoiding big losses.
Today you’re hopping on a good ole fashioned steamroller for an honest day’s pay. Your job is to turn every underperforming industry and market sector into pancakes. So grab your lunch pail, put on a hard hat and get ready to roll, my man. It’s time to flatten financials…utilities…and industrial stocks. They’re dragging down the S&P 500 - and maybe your portfolio, too. What’s left will be a few indestructible diamonds screaming “buy me!”
Today, I want to give you a single-stock play with the punch to land you quick, double-digit gains. It's a small stock in a hot sector. And you can add it to your short-term portfolio today as it embarks on a strong comeback cruise.
None of the corrections we’ve experienced along the way to new highs have been “the big one” everyone’s warning you about. Sure, some of the dips may have left your heart in your stomach. But at the end of the day, the market’s bounced back. Every time. And the healthy pullbacks to support levels have been terrific buying opportunities.