“Whiplash!” That’s what the market has done to us all year. Every time the market pulls back this year, it rebounds just as quickly. You’ve seen that on several 3% declines. The S&P 500 has even come roaring back after the 5% swoon that started in September.
Last week brought nothing but bad news. Yet the S&P 500 enjoyed its best week since July. Time to get in? Or out? No wonder many investors are perplexed. The solution? Ignore the noise and make active trading a part of your wealth-building strategy. This isn’t as difficult as it sounds. In today’s video, Ted Bauman and Clint Lee tell you how to use technical indicators to grow your profits no matter which way the market is heading.
The story here is straightforward. During the Federal Reserve-driven bull market last year and early this year, stocks rose considerably. Since then, they’ve traded sideways, if not slightly down. The tale of these two markets provides a critical lesson in how to manage your investments … and which tool to use depending on your strategy.
Investing in 2021 is a different ball game to the one we enjoyed in 2020.While buying quality companies and holding them for the long term should always be your primary investment strategy, if you want shorter term profits today’s market requires you to trade. And that means using the tools of technical analysis. Unless you can dedicate all your time to this, however, you should tread carefully. That’s why, in today’s video, I explain technical analysis and short-term trading based on it … and a way you can achieve 12X returns without all the hard work.
For me, one of the more interesting aspects of living through this pandemic is the knock-on effects the virus is having outside the human body. One is how virtual spaces have redefined how we work and receive health care. Another is the breakthroughs in medical technology that deliver vaccines in record time … while opening up a new frontier for treating other viral diseases. But the pandemic has also exposed harsh realities that most of us never thought much about.
Research Analyst
Chief Investment Strategist of Money & Markets
Editor of Alpha Investor
Editor of Strategic Fortunes and three elite services
Director of VIP Services