Category Archives: Limit Orders
There’s a lot of discussion at the moment about which way the markets are going to go from here. Some of it’s good, but frankly, a lot of it’s bad.
Like that’s a shock!!??
The media loves negative stories because that’s how they keep you hooked and emotionally off-guard. Wall Street, of course, plays along because they know negative headlines make it easier to separate you from your retirement.
The other thing to think about is that they’re playing “catch up,” whereas we’re often months ahead of developments they’re only just getting around to reporting.
Like for example, the possibility of short-term market turbulence but higher prices ahead… that’s the latest from Wells Fargo’s Christopher Harvey who’s a noted bear and seconded by Merrill Lynch’s Stephen Suttmeier – both as reported by CNBC earlier this week. Or Bloomberg’s report that JPMorgan analyst Stephen Tusa now considers the $6 target he’s got on General Electric Co. (NYSE:GE) to be “generous.”
Apple Inc. (NasdaqGS:AAPL)’s pivot, meanwhile, is beginning to draw attention for the reasons we laid out more than a year ago when I first told you about why services could double that stock’s value. Tesla Inc. (NasdaqGS:TSLA)’s in trouble…
You get the idea.
Anyway, the reason I am bringing all this up is not to take a victory lap.
There are four big profit-robbing mistakes investors are making at the moment – and want to make sure you’re not among ’em.
Many investors think of investing as something very difficult… something like a wild ride.
Only it doesn’t have to be that way.
Investing can and should be a smooth process.
I know the headlines are challenging.
Just this past week, for example, we’ve had the President meeting with North Korean’s Kim Jong Un in Vietnam, more stuff to digest on the Chinese trade talks, Fed Chair Jerome Powell on Capitol Hill, and former Trump lawyer Michael Cohen speaking to the House Committee.
And that’s not even including earnings which continue to be firmly split between companies with the pricing power needed to maintain profits and those that don’t have it!!
Still, the big stuff is important. I don’t want to make light of the concerns you and I have about the world we live in and how those things impact our money.
Here’s the thing.
You cannot invest blindly any more than you can drive down the street with your eyes closed.
I use big picture headlines as a frame of reference. Nothing more than that.
I want to know how, why, and when they’ll impact the financial strategies I use to uncover and share the world’s best investment opportunities with you.
And, I ask three simple and very powerful questions that help me make that determination.
Here’s what they are: