What Do These New Market Signals Say About Short-Term Stock Market Concerns?
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- Опубліковано 8 лют 2024
- “Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.”
Peter Lynch
This week's CCM video covers three recently flashed market signals; what do they tell us about a stock market than has been up five weeks in a row?
“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” wish i would known this quote long ago
Probably true but impossible to verify.
These videos have catchy titles, little specific, actionable guidance.
Time in the market beats timing the market. At least for normal people who just invest.
@@2windowsobjectively true of someone I know very well, sadly
Impossible? You only need to collect sample data and extrapolate. Samples taken every time show the results@@2windows
@@mifyitaadNot if you’re retired and don’t have 15 years to wait for a market recovery, meanwhile your invested capital is much lower.
Exceptionally detailed and constructive analysis - very informative and educational. Your time and insights are always greatly appreciated! Thank you Chris and Kathy!
I am feeling very flexible and unbiased today :)
Complacency is very dangerous in the stock market though
@@bluezatonBeing too cautious is the most dangerous
I really enjoy the bredth of the data and am always waiting for the end of the week to roll around to see what the new weight of the evidence will be.
World class analysis 💯
You’re the best Sir.
Thanks, Chris and Kathy!
Another great video that takes a look at another market statistic from another angle. Stick to the course, expect those inevitable drawdowns, such as the August to October 2023 drawdown and use those to top up positions when overshoots happen, which they often do. Remember, if the primary trend shows little to no tendency to change, you are very likely to capture superior gains by employing this strategy. I took a punt this week and bought a healthy position in NYCB below $4. I am of the view that NYCB will resolve its current difficulties and that its downdraft was way overdone. When so many are so negative on a stock that they just indiscriminately dump it on massive volume and drive it to a 50, 60, even 70% decline in just days, all else being equal with a market that is in a bull phase, the risk/reward setup in this type of panic move is definitely tilted in your favour. Humility is always your friend over the long run, but this position has gained nearly 28% in 3 days. Thank you once again Chris.
Sold everything today, will wait a week of a few weeks to reevaluate everything
Everything what… there are a ton of companies that still undervalued and their movements have nothing to do with the index, like always.
Always a good decision haha.
I trimmed a lot today as well and sold some completely yesterday myself and will wait patiently for the correction.
Inspiring
I bought some Vix and SOXS at ALL-TIME low.
Love the macro charts. Thank you. Its helpful
Thanks, as always, Chris and Kathy!
Thanks Chris
A brilliant expose!!!
Thank You!
The roaring 20’s
Great time to be alive.
TQQQ
I've lost more potential profits from fear of losing profits than from trading losses. Today friday feb 9 2024 I made $500 really fast this morning and then the market kept going higher. I could've made $5000 if I held.
Always have a stop loss, but let profits run. But also its essential to have profit taking targets, either in percentages or $.
But that's day trading, not investing. So different animal, Chris doesn't speak to that.....
GOAT
Agreed!
🔥🔥
Next week potential high on 14 Feb which may pause further rise for a corrective fall from between 5050 and 5090.
First downside test at 4898. Any daily close below 4898 may grind lower to try test 4685 but may provide strong support for next rally.
Hmmm fractuals look like 1999 to 2000.. maybe we are starting a year like 2000
Erm fractually...
@@sebfox2194 what does erm stand for
Great analysis, but your log charts greatly distort the % drawdowns.
The challenge, of course, in 'staying the course' is that no one knows when that 'normal correction of 5 or 10% is about to turn into a correction of 20, 30 or 50%. Conclusion: if you don't have the stomach for it, you need to be in some other place other than the stock market......
Is PATH in a cup and handle?
You tell us what will happen in the next 30 days or 3 months . Then I will watch your video
If you double your money over 10 years, the average yearly return is about 7%. So if you can get a 10-year close to 7% you are better off with the bonds, correct?
It might sound like we are for a nice run, but just look at the fundamentals we are in. Debt level we are at and the politicians who no more response to any common sense but spending like drunken sailors. Sure it is just a distraction in great prosperity your predictions are painting based on the historical trends and patterns. Sure just buy and forget about it, because we are going to up and up till 2035 at least.
Investing is about patience in the longer term. Don't worry about the noise interim ....... S&P forecast 2024 for Tom Lee 5250:
Me: 5,496.22
"Promosm"
I suppose Chris will say this is all normal and stocks could be higher 12 months from now.
I’m confused as to why you come here every week, to not watch the video and throw stones…. Hope you are ok mate
@@ERMAV I hope he's fuckin sick and poor and upset 😂
513 is the top
U heard it here first
First
i'm sorry but these charts are too slow...
Slow and steady wins the race, the share market is a great teacher of patience. Remember to have a flexible and open mind.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Anna Williams
You want us to trade looking at the charts of 75 years . Please stop it