Is the market bracing for a pullback?

Yesterday afternoon, we talked about a sideways market.

The markets are volatile right now, heading in one direction one day and another direction the next.

Are we preparing for a pullback in March? It's quite possible. Rob'll talk about it in a bit.
Rob Booker and Markay Latimer have some serious thoughts about what it takes to make traders successful.

The problem is, there are far too many traders who have unrealistic expectations about the market.

And those traders make mistakes that can be critical, and can even stop their trading career before it begins.

Rob and Markay want to change that.

See their discussion here
Rob on the GameStop Spike
GameStop is spiking over and over again.

But while these spikes generate headlines, they're not anything consistently tradable.

Rob explains why here
Hydrogen is the New Black
It can be easily stored. It's non-toxic. And hydrogen is a far cleaner energy source than fossil fuels. Good luck finding another fuel that fits all three of these INCREDIBLY LUCRATIVE metrics. Top Market Analysts Dr. Gregor Bauer and Garrett Baldwin reveal what they believe are the best ways
to invest in their new report, "7 Hydrogen Stocks to Watch in 2021." It's a free gift when you sign up for Haven Investment Letter. This FREE daily email gives you both a European and US perspective... all to help you get ahead in the investing game. CLICK HERE TO SIGN UP NOW and claim your free report!
(automatically opts you in - privacy policy)
I think caution is going to be the "word of the month" in March.

Nobody wants to hear that, right?

Nobody wants to hear "hey, be careful in the market."

Everybody wants to make big trades and take big risks and find big wins. And I'm not judging that. Of course we all do!

But the market is worrisome right now. It seems unstable and almost feels like it's looking for an excuse to pull back a little bit.

First, there were inflation risks. Those subsided for a while, but I don't think they are gone forever.

The Fed printed a loooooot of money to keep the stock market going and that can't keep going forever.

And the stimulus is fun, but come on? How much money can you just make up and not expect to see some adverse effects?

My point is, a pullback and an extended downtrend is possible. Obviously, it's not a guarantee. I can't see the future.

But with this volatility and uncertainty, we should be careful. That means holding our stop losses close, keeping our trades small, following our rules closely.

And, of course, it means paying close attention and being ready to respond to shifts.

It's not about fear. It's about being prepared. And together, we'll be ready!
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


No comments:

Post a Comment