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...
This is precisely the low risk opportunity we were waiting for months. Anyone who missed the BULL train to get on board in Jan 2017 and in Oct 2017 and again in Dec 2017, this is your last chance. Let's understand whats going on!
Market continues to remain resilient and not in mood to provide any substantial pullback or correction. Anyone who missed the rally is getting very jittery and anxious of loosing further gains. At times, it can be very frustrating and lead to irrational investment decisions. So what do we do? When is the right time to get in? Will this market give us a chance!!!
We expected market to deliver a drop in October, but apart from a minor pullback nothing materialized. Market went on to make NEW HIGHs. The question is how long will this continue?
Just like all of you, hard working and trying to make a better living.