Hey friend,
It looks like another winning week in the markets.
Next week’s CPI report will do a lot in confirming – or reversing – this recovery.
Let’s see how markets have been moving.
The Daily Direction
Note: All indexes closed marginally higher again yesterday – keeping all index directions firmly in the green.
The Daily Nugget
“It’s important to note that exiting the market after a decline – and thus failing to participate in a cyclical rebound – is truly the cardinal sin in investing.”
~Howard Marks
So many investors get scared off by a correction…
That they never come back in after the rebound – missing out on participating in the rebound.
This is the cardinal sin in both investing and trading…
And it’s how people end up buying high and selling low – instead of the opposite.
Right now, the market is emerging from a pullback…
And if you want to go after the stocks that could surge the fastest in this rebound…
Then follow what the “smart money” is doing.
The Traders Agency Team
