Wish you all a very happy & prosperous new year, be safe & content. Market has been wild after achieving NEW HIGH in late August of 2019 and appears to be recovering slowly. What should we expect as we roll into 2019?
Are you wondering what is going on in the markets? Why this is happening to me!!! I can't take it anymore, when will this blood bath end!!! In short, you were simply NOT prepared for such a market decline and now HOPING for a miracle...
How many of you did not pay attention when we said "expect pullback or sideways action" in our last blog post. The key here is to understand why did we say it!!! We do not have magic ball and yet we could read the signs ahead of time, BUT HOW? well time to pay attention so that we can make better judgement and eventually prudent investment/trading decisions.
As expected, market is back to all time HIGH. All our readers hopefully managed to get on the BULL train and enjoy the gains so far but now what! What shall we expect in near future?
Readers of this blog do not have any excuse to say they missed the BULL train as we have been mentioning that recent dip was a buying opportunity. So far we have had three buying opportunities or low risk entries and if you missed all then time to re-evaluate your investment/ trading strategy. So lets take a overview of this market....
We are witnessing the pullback mentioned in our last post. After a rally of 1.5 months it is natural to undergo a pullback but most likely many got spooked and scared speculating further downside. So where are we headed?
wAs mentioned in our last post, market appeared to have bottomed and now on its way to making NEW HIGH. We hope anyone waiting for the BULL train is finally on board. BUT, how can we verify if the bottom is in?
Everyone is waiting for market bottom & those who were caught off-guarded are feeling the pain. How to know when the market bottoms? How to navigate during such tough times? Is there a secret way to identify market bottoms?
As expected, market did drop and is very near its MA(200) as anticipated, This should not come as surprise if you are following this blog, we were expecting this for quite some time. What will happen next? Let's understand from charts...
The idea of this section is not to "pick stocks" but rather understand on how to pick right Stocks with appropriate risk management, so that we can benefit from gains as well as cut short our losses.
Lets look at few candidates...
Just like all of you, hard working and trying to make a better living.