Mixed nuts are better than mixed markets

Hey everybody, After three straight days of losses, the markets bounced back today.  The reason?  It's anybody's guess.   A few things to consider, though, jobless claims have been better than expected, and the Fed is still riding on low-interest rates, so why did we see freaky pullbacks this week? It might be the beginnings of a bear market. But that's not a reason to be alarmed. Instead, you need to be prepared. And Sunday morning at 11:00 AM, Rob Booker is going LIVE to teach you how. Bear markets are a challenge. But they're also an opportunity. On Sunday, Rob will show you how. Register by clicking here Clicking automatically registers you for the event and periodic updates from Rob Booker. (Privacy Policy) Warren Buffet is Really Smart Warren Buffet trades a little (ok, a lot) differently than Rob Booker or the rest of the DPP Team, but there's no denying he knows his stuff. So why not listen when he gives some advice? Check out some of Buffet's nuggets of wisdom here. Clicking automatically registers you for the event and periodic updates from Rob Booker. (Privacy Policy) GM's Big Battery Plans General Motors is undergoing a colossal business plan remodel, including introducing 20-30 new EVs by 2025.  And the largest automaker in the US has teamed with LG to make batteries for those EVs stateside. Read this article on our website for the details. The markets dropped pretty hard this week and some folks got worried. I understand that. There's a common misconception that falling markets are doom for traders. Like a lot of market misconceptions, it's half true: A whole lot of unaware traders will lose money in a bear market. And a ton of long-term investments would lose value in the short-term (although if you're serious about buying long-term, why should you care?) But misunderstanding bear markets is a common trading mistake, especially for newcomers. Sure, bear markets are a challenge. But all trading has challenges. It's challenging to make money in a bull market. And yes, it's challenging to make money in a bear market. But that certainly doesn't mean it's impossible. There are strategies for trading in a bear market. I'm kind of obsessed with them. Here's a simple one you might not think about. You may be familiar with my double dutch strategy: I look for bullish momentum on a stock (20% minimum, preferably 50% or more). Then, I wait for a pullback to a weekly pivot. Then, I need a bullish (green) candle, and that's my entry point. But here's the thing: You can flip all that on its head. All you need to look for is the opposite pattern: Strong negative momentum (20% loss or more). Return to a missed pivot above. Bearish candle. If you see those three things, it's an opportunity to enter a bearish position. This isn't a company I traded or anything, for the record. It's just an example I found. But a good one! This isn't my attempt to convince you the double dutch is foolproof. I just want you to see that bearish wins are possible. People get too hung up on the overall mood of the market and forget that the market is just a network of independent opportunities. We can monitor our watchlists and still make entries in any condition. You just have to be patient and do the hard work. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe