Buffett Highlights How Traders Could Earn More Than 50% in a Month...READ MORE
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Buffett Highlights How Traders Could Earn More Than 50% in a Month
Last summer, Berkshire Hathaway's Warren Buffett and JPMorgan Chase (EO Jamie Dimon coauthored a Wall Street Journal editorial against companies providing quarterly earnings guidance. These are two of Wall Street's brightest minds and their opinions are important.
I'm seeing a lot of panicked traders now and for good reason, because we're not convinced the market turbulence will let up any time soon. Look, these past few months are enough to make anyone lose confidence. To be blunt, it's time to leave the markets behind. Your hard-earned money shouldn't be subject to the whims of the market. That's no way to trade and that's no way to live. But I've found a way to trade that bypasses all the noise and profits in any market condition. I lay it all out in my FREE Option Profit Accelerator e-book that you can download right now.
TheStreet.com noted "in their collective wisdom, earnings guidance injects short-termism into the market and isn't reflective of how execs think about their businesses.
Obviously both high-profile executives are talking their books here -- each company they lead is the ultimate long-term type investment.
Jamie Dimon is looking at a stock price explosion as boomers transfer their wealth to misguided millennial children -- misguided millennial children will need the guidance of JPMorgan's wealth advisers and stockbrokers (and their machine learning systems)."
These two icons could be right. But traders still focus on the short term and that means there could be trading opportunities when management teams focus on the long run. We highlight one example in our latest article, and we provide a specific trade using actual market data to highlight the potential.
We believe many investors could find this strategy to be useful and we provide all the details in the article so that you could potentially apply the strategy to other stocks.
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