9 Minute Read

Tackle Today: Wait for it….Wait for it…

March 19, 2020

By | No Comments

Now!

Traders,

During this sell off one of the most common questions investors and traders have had is when to buy. Every short-term rally along the way down many nervous traders and investors have jumped in as FOMO took over (fear of missing out) leading them to prematurely get in only to see massive sell offs along the way. 

We have been very clear with our analysis with our pro members over the last month…

PATIENCE

The bullish side of the equation has been put into place with Fed and governmental fiscal policy.

  • We knew The Fed would go ballistic in the attempts to save the markets…check!
  • We knew the federal government would be there to save the day with fiscal policy…check!

Unfortunately for far more important reasons than market buying opportunities, the bearish side of the equation has not been settled.

  • Eventually society will turn the corner on Covid-19 and we will flatten the curve…not check yet.

A tremendous buying opportunity will emerge one day based on our current analysis with all available information at our disposal. Patience is still the name of the game for long-term investors.

Naturally we will be here every step along the way answering your questions and providing insight into these unique market conditions.


Chart of the Day

S&P 500 Daily Chart


Video of the day

Braveheart….Hold…Hold…..Hold!!!


Rookie Corner

The Torture!

These markets are starting to take a toll on folks and if you are one of these people, know that you are not alone. Even the most stalwart of long term perspective investors are wondering when does this abrupt slide end?

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Cashflow Club 8:30 PM EST

Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.

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.


Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

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.

# Sign up now for a 15-DAY FREE TRIAL #


Legal Disclaimer

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.

Leave a Reply

Chart Modal

Tackle Trading