You need to distinguish between “stock trading” and “stock investing”. Stock investing is easy and you can make a lot of money over time. People tend to over estimate their ability to make money in the stock market in short time (everyone thinks they can get rich quick) but under estimate their ability to get Continue reading →
Archive for February, 2020
When the market goes up, everybody complains. When it falls, everybody complains.
So, I was wrong. Yesterday, I posted my expectation of a measured move. And it failed. Twice the futures tried to set up a pullback, twice that attempt failed and markets finished red. After exceptional, and never seen before, 3% drop in a row, a 1% selloff now seems like a lukewarm tea for babies. Continue reading →
What’s next in the stock market after this big rout?
The selloff we just experienced exceeded all my expectations. I do not remember when I saw the market drop more than 3% in two consecutive days. It was amazing! Well, of course, if you forget, that it was your money on the table in this rout. It is also a never seen move action when Continue reading →
A needed correction on the way – don’t panic
Selling never feels good and people have hard time to handle it. It’s their money and they fear them getting lost. They start rushing to protect the value of their portfolio and start selling. Pouring oil into fire. However, this is not the time for panic and time to start selling. If you knew this Continue reading →
The stock market is now at all times highs. What are you buying? Are you worried about a recession?
I keep buying what I have been buying since 2006 and that is high quality dividend growth stocks. If you look at the chart from 1982 to 2000 (that is 18 years long bull market) the market was making new all time highs until 2000 for 18 years. 18 years of all time high market. Continue reading →
Coronavirus fear overblown. Load up anytime Wall Street freaks out.
Apple (AAPL) said that they will not meet the revenue guidance due to Coronavirus and market participants pooped their pants again. Futures down 0.45% (now recovered a bit to -0.34%). This virus is an old news. Come up with something else. I do not want to belittle the death of people, but just in the Continue reading →
Are all the trading mentors scam?
I must admit, majority of all sorts of gurus, mentors, sellers of all sorts of magical formulas which would make you rich overnight are scam. It is sad but this trading industry is full of charlatans and pure thieves who just go unscrupulously after your money. They are not there to help you. There are Continue reading →
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