Hello SoyUnGanador, Long and Strong S&P 500 index dollar cost average for life. Truly the best investment and investing I ever done in my life. Thank God for Warren Buffet and Jack Bogle.
Well in April 2020, buying short efts is a pretty good strategy. I mean Youtube cannot update videos all by itself. Once it's uploaded, it's there forever. Can't blame him on that. LOL And in terms of the trend, we are still in a downtrend since the beginning of 2022. It hasn't really reversed yet because right now the market is heavily influenced by monetary policies. When you have a monetary policy that's restrictive, it's hard for investments to be made and economic expansions to take place and the market reflects that. Whether it's going to bottom or go further down is going to depend on the Fed's decision in the upcoming FOMC meeting in December, what's its rate decision and its future plans. I think it's still too early to say we are in a bull run.
For goodness sake, go learn how to trade. Then you don't worry about those animals like bull, bear, whale, shark, snake .... Those terms were created by investors, not traders. traders focus on uptrend, downtrend, no trend, continuation/reversal pattern, & not animals.
%% VALE sector[ metals + such hidden treasure ]; \look much better than EWZ. Never saw a snake pattern in stuff i trade or invest; but plenty of talking snakes in media. Except for well run companies like WMT; most with bad customer service like META are going down in a bear trend, as they have most of year to date . NOT a stock tip. Larry Williams may have called a bottom area in Dow, but i dont think he called it a prediction.
Good Morning Maxinger, I agree with you 100%. Worrying about the market day to day and trying to swing trade for days and all this investing stuff, is complete and utterly waste of time. Invest (dollar cost average) in SP 500 index and get rich really fast day trading.
i bought a shit load of spxl before closing of yesterday 11/21/22 and holding overnight...about to get paid today 11/22/22.
i can't talk as i'm still piking around and will be for awhile, but goddamn this made me laugh. good catch.