The Most Profitable Investing Strategy for Today’s Markets
All too often, investors try to decode the market. That’s great because it means they’re involved, they’re thinking about their money, and they’re trying to do something about it.
Problem is, they wind up looking in all the wrong places.
So while they’re busy doing that and trying to figure out the market’s “meaning,” I’d like to talk with you today about something really critical when it comes to big, life-changing profits.
Momentum investing got its first taste of fame about 25 years ago when it showed up in the Journal of Finance in 1993. And in the two decades or so it’s been around, I’ve heard lots of negative things about it. Countless pundits, Wall Street-types, and academics have complained about it being a short-term strategy that gives sporadic returns, at best… usually as they’re looking down their nose dismissively at anybody who dares to bring the subject up in their presence.
The irony, of course, is that they’re wrong and what they don’t want to admit is that momentum investing works… and really well at that.
It’s one of the very few times where “X” actually does “mark the spot,” but only if you know what to look for and how to read it.
Forget about the complicated market analysis, the PhD in rocket science, or advanced statistics that Wall Street would have you believe are important to the pursuit of profits. Instead, take your cue from where the money is moving, pick your price, and get on board when the timing is right.
You’ll know when you see a very specific “X” pattern.
Until next time,