Visibility: Public
Read/Watch Time: 63 minutes and loaded with goodness (take notes)
Here is the Markets Update. It’s messy out there.
I could list all of the crazy things going on but that would be depressing. Let’s focus on finding what is working.
Some investors follow the financial fundamentals of the companies. Some investors follow big macro economic moves.
We follow price. Fundamentals might be great while the price goes down. Macro economic forecasts might point you in a direction while the price goes down.
The direction of the price tells the truth. The rest might help create a narrative of some kind but it simply doesn’t matter. I want to own it if the price is going up.
The video covers crypto (Bitcoin), gold (GLD), the S&P500 (SPY), the Nasdaq100 (QQQ), the Russell 2000 (IWM), oil, interest rates, bonds (TLT) and others. Then I review the 11 sectors of the S&P500.
You’ll also have access to some training nuggets. I discuss the Yield Curve and why “inversion” (which just happened) is important. If you learn this, you’ll know more than 99% of the public. Check out this article: https://www.investopedia.com/articles/basics/06/invertedyieldcurve.asp
Buy what is working. Sell what is not working. Cut your losers fast. Let your winners run.
Thanks for tuning in. Feel free to teach this to your family and friends. We appreciate the referrals.
I always like getting emails to ask questions or make suggestions.
Here is the video link: https://squiggletrader.com/wp-content/uploads/2022/04/Markets-Update-Messy-04032022.mp4
Cheers!
Bo – Chief Squiggler
Help Yourself. Help Others.
Disclaimer
This communication is not a recommendation to buy or sell any security. It is not to be considered financial or investment advice. This is an educational and training tool only. If a specific security is mentioned, it is for illustrative and hypothetical purposes. You must use your own knowledge to determine what to trade, how much to trade and when to buy or sell. Investing and Trading involves risk and you can and will lose money. Past performance is no indication of future results. You should practice with fake/virtual money (paper trading) before risking real money. All communications and videos are for members only and are not to be shared. Consider all content copyrighted.