Are we in a bear market? That’s the question on everyone’s minds, even after yesterday’s rebound. In my opinion, the answer is clearly “no.” But let me tell you why…
Stop Ignoring this Class of Stocks
I’m sharing a new “double dip” method for growing even the smallest trading accounts…
But the engine that makes these trades possible is a class of stocks that most traders write off entirely.
You have to stop making this mistake if you’re hoping to jump-start a small account.
There’s a lot of talk going around right now that we’ve fully entered a bear market.
There’s a common talking point that when you drop 20% off the high, it’s “officially” a bear market.
But that’s an arbitrary number circulated by the mainstream media.
We aren’t in a bear market, not quite yet.
And the strange thing is, public sentiment doesn’t even reflect that, at least not according to this poll…
When more than half of people believe we’ll reverse course and move towards a new all-time high before the end of the year, well, that’s not exactly an indication that people are fully in a bearish mood.
We aren’t in a bear market.
You are welcome to try bearish trades.
As I’ve said, some things will continue to go down.
If you didn’t see my newsletter yesterday, I talked about stocks that had ridiculous price/sales ratios that have plummeted since the start of the year. You can watch my brand new Youtube video about it here.
But a selloff driven by certain sectors and overperformers does not a full bear market make.
So ease off on the panic and don’t abandon your strategies. Don’t let the MSM make you more scared than you have to be.
Jeffry Turnmire and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
Daily Profit Publishing and Jeffry Turnmire do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.
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