The Weekly ROAR: Why I Don't Trust This Market One Damn Bit (Also: The ROAR Portal Is Live!)
To quote one of many memorable episodes of the Seinfeld TV Series, IT'S REAL...AND IT'S SPECTACULAR. I'm talking about the brand-spanking-new ROAR Score investment risk management system I created with my friends at PiTrade.com.
The ETFYourself.com premium subscription level just got a lot more valuable.
For subscribers to ETFYourself.com's premium service ($600 a year) this new portal will be included with your subscription. All features will be yours to use, and I'll be using the system actively during our weekly Tuesday live sessions, answering all your questions along the way.
ETFYourself.com’s basic-level subscribers will enjoy highlights of what’s behind that paywall each Tuesday, when I use that system to produce parts of this weekly letter.
When we started this service, the goal was to ultimately bring something like this to those investors. And so a big thank you from us to the ones who have been with us since the start, whose direct feedback in our live sessions really helped to make the ROAR Score risk management portal what it is.
You’d expect me to be excited about this, since I created the ROAR Score back in 2022. But it was the culmination of 45 years of investment charting or “technical analysis.” As I’ve noted here, my late father taught me in 1980. So to see that 46 years later, here we are, the journey from charting by pencil and graph paper, to clicking a ticker or watchlist on your phone, is really breathtaking.
That geeky 16-year old kid in New Jersey did not dream that the capability to create an interactive, DIY risk management portal around the intellectual property that spawned the Weekly ROAR newsletter you are reading right now would be possible. None of it. Yet here it is.
Later this week, we’ll send out a more comprehensive introduction and invitation to visit the site. But its there now for you to get familiar with.
And for a limited time (as in days), it is a free-for-all. Literally. The ROAR Score risk management portal has no “paywall” right now. That’s so we can gather all the feedback we can from the widest audience.
In this issue:
Indexes: This is a very simple market to me: risk on, risk off. That leads me to the position that I’ve maintained here for the better of a year. Specifically, that markets now reward simplicity, and understanding how the major indexes actually work. Which is 180 degrees from what most newbies and TV stars are pitching. But as long as the masses keep falling for it, the churn will continue. My latest evidence below.
ETFs: I scanned my go-to research list of 75 ETFs, and highlighted some in the charts section below. Its a very clear picture, when it comes to risk.
Stocks: If you are still thinking that owning 20 different tech stocks is a way to “diversify,” you should re-think that. Its a Wall Street sales tool. More on that below, using one modern stock market icon that reported earnings recently.
Other timely stuff: Commodities, particular Gold and Silver, along with Crypto ETFs, are proving to be outstanding trading vehicles for risk managers. If you learn play offense and defense at the same time, I think the keys to the next 5-10 years in these markets is yours. How do you do that? By developing a chart-based discipline...which the ROAR Score is designed to help DIY investors do.
Plus, my latest market thoughts, and the latest update to the ROAR Score. Here’s the Weekly ROAR.