Mkt Update  Here I go again on my own...
Not exactly certain why, BUT for some reason, the Whitesnake song from the early 80's reflected in the headline of this article keeps playing in the background of my mind each time I check the S&P 500.
Perhaps I could use some intense psycho-therapy with Freud and we may be able to pin the causation on my mother or father...OR, maybe its actually applicable given stocks are finally sneaking past the gatekeeper early this morning while most investors are sleeping (current time of writing 5am est).
As we can see on the 120 minute chart below, the 2910 to 2940 level that may have caused the "real trade war" back in early August has at least been breached. This is very good news for the Bull's given the range bound to mostly down movement in stocks since late July. And although this rally may not be the beginning of a new long-term bull market, it could be the start to a rally toward 3,000 which could very easily precipitate new highs and cause most investors to consider a sustained move higher past previous all-time highs.
Just curious -- isn't all trade essentially a war? Sun Tzu can you enlighten us please? I digress instead of adding value, punishment will be a BLSH Happy Hour on the house...;-)
This stock tip needs no make-up because its just such a natural, organic, farm-raised beaut (see below)...This is what we like to call "Investing by Numbers" at Principles. Buy and hold at the blue arrow and if it goes against you risk-wise sell the entire position at the red arrow. If you want more on the why we are always available to expand on our thinking but this investment is grounded in the principles of what makes a fundamentally sound opportunity.
Do you understand what makes a quality opportunity in the markets? Do you have a solid grasp on what causes a stock to go from the bottom left of the screen to the top right in a seemingly effortless fashion? We do.
Let me know what you think and PLEASE don't take my word for it or judge me based upon a single qualification on a CV, or something I accomplished in middle school or even something from last year...we are only as good as our last challenge bested.
The truth is, if a so-called professional can't show you in real-time where a particular stock or market is headed, then they are guessing (and sadly most are because they have mastered a skill set in sales, relation building, or just a slick haircut, as opposed to reading the markets which can take a lifetime to develop).
If you don't believe investing can be this simple -- then set up a time on our calendar for a "7 minute non-pitch" where you can pick any stock and we'll show you how to buy, sell or hold it like a hedge fund manager (a really savvy one, not the guy in his parent's basement writing code for an algo that works for a month then blows up).
Or just keep making the same mistakes so the pros can keep eating your lunch. Either way ----> It's Your Time, Your Money and Ultimately Your Choice.
We wish you the best on your journey to becoming a more opportunistic investor!