Investors should remain long and buy the dips in the broad index ETFs such as XLK, SOXX, QQQ, and SPY.
If it is obvious…it is obviously wrong
…is rooted in experience. When so much digital ink is spent promulgating the idea that the market bubble is about to “pop”, we know that the bubble is not
ANG Traders is an investor with 40+ years of experience and has degrees in math, science, and education. He believes that Modern Monetary Theory analysis provides the best predictions for market action and staying with the primary trend is key to wealth accumulation. He leads the investing group Away From The Herd, along with David Huston and Alan Longbon. Their working-hypothesis is that, in addition to Federal fund flows, the only other constant in the market is the human emotion of fear, the fear of losing and fear of missing out (greed). These emotions leave repetitive patterns in the pricing history of the market which informs investors about probable futures. ANG Traders and team act on their research with stocks, index ETFs, and options – according to the risk/reward dynamics they find in the market. Features include real-time trade alerts, weekly market analysis, technical analysis, and a chat room. Learn more.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of QQQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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