≈ In a #HappyMarket. ≈
Oh, the wonders of a bull market! Every day is bull market. The bears are facing extinction. The sun always shines on Wall St. Prosperity abounds, flooding the charts with optimism (except for Pot Stocks, they are always being smoked).
The markets are so happy that not even a virus can bring it down. And if it does, the big heads will fix it in no time.
You know what I think will be the epitome of a happy market? No, not the Wall St. special humans wearing Happy Socks; they’re probably wearing it as I write. I mean hashtags. HASHTAGS. I bet soon we will be witnessing a handful of stocks named after hashtags. many-character tickers like:
Last Friday, Coach Slawek came in with a mic drop: buy and hold is dead. Finding bargains in a stretched market like this is difficult. The old value school with have to reinvent itself, remake the calculations and get used to #HappyStocks infecting the markets with unicorn valuations.
What other alternatives do we have? Well, as traders, we have:
Cash Flow trading
The only thing you can’t do is putting all your hard-earned money, the sweat of your forehead into some hot pick from a forum. Or selling 20 Naked Puts in an account that can only handle 5.
In the end, what will save us from the #HappyMarket and its #HappyStocks is method, system. Otherwise, the only stock we will hold in our portfolio will be #BadVibe.
Chart of the Day
World Epidemics and Global Stock Market Performance
Video of the Day
Everything Is AWESOME!!!
Let’s party 4EVA!
Today’s line up
Traders Lounge 11 PM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
The Coaches Show 8:30 PM EST
This is our weekly MasterMind group. Join the coaches tonight, 8:30pm EST to discuss the markets and help you prepare for the week.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Financial freedom is a journey
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.
All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.