. . . But could this rally continue into an uptrend and to new all-time highs? READ MORE to see Adam's analysis of the recent movements.
Hey moneyblog,
Surely enough, we got that strong reversal rally we've been waiting for. We ended last week with a very bullish candlestick pattern. After seven red weekly candlesticks in a row, we finally had one big bullish candlestick appear.
Stock Market Rebounds! What's Next?
In his latest blog, Adam will share with you the 4 IMPORTANT FACTS you need to know about the current market environment and the reasons why he is bullish on the market.
Learn the optimal strategy to make money from the current market movement, whichever way it goes, from a long-term investing perspective and a short-term swing trading perspective.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
"But investing isn't about beating others at their game. It's about controlling yourself at your own game."
— Warren Buffett
In investing, we have to think objectively, and also think ahead in order to make money.
However, most people tend to give in to their emotions when it comes to investing. When the market is already well into a bull run, they feel ecstatic and buy. When the market is bad, they panic and sell.
So in this case, taking a contarian view to what most people would do simply means that we are thinking objectively instead of letting our emotions take control of us.
When the market experiences a correction and when everybody else panics and sells on the dip, we buy stocks of good companieos & invest in the market at cheaper prices. When the market inevitably goes up, that's when our investments will bear fruit.
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