Fresh Charts: I warned you. Clock is ticking.
How to play offense AND defense...to thrive in a rough market, not be captive to it
I am going to be VERY straightforward and matter-of-fact today. Because frankly, the trading opportunities in this messy market are consuming my personal time. Wednesday was one of my best days of the year, and if you read last week’s Fresh Charts carefully, you know exactly why.
Again today, I’ll share with you my latest read on hundreds of stocks and ETFs. But even there, as I’ve said here in recent weeks, at this point in the market cycle, you are either actively learning to manage risk, or you are left with hoping the market recovers soon. I don’t like to lose control over the money I worked decades to accumulate, and I’m quite sure you don’t either.
Markets like this are my “bread and butter.” Anyone can make money when SPY and QQQ set new records every day. That’s “beta” not “alpha.” Making money during a frenetic month like this? That takes a process, a discipline. Here’s the latest on mine.
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