This year the theme is : Stock picker's market.
This is not a year where you can throw a dart at 10 random tech, small cap stocks and hit on 3-4 on them and make money like some of 2020-2021. This year is tough.
The key I've learned is to instead try to “time bottoms” for stocks like PYPL, SBUX, etc you FOLLOW LEADING TRENDS. Why? Because they continue to lead bc institutions are heavily invested in them.
Commodities. Energy. Pharmaceuticals. Now? REIT's and Utilities. Latin America.
Take something like Commodities. They were reaching “highs” in January… then February.. then March… you get the picture.
It will be clear when the tide turns, but in general you have a better chance of losing LESS money going with the FLOW of the marketplace than trying to “outsmart” it when algorithms, big hedge funds, politicians etc are all 5 steps ahead of us all.
Just a word of advice I've learned for 2022. Who knows what 2023 will hold but at least till June I'd say this is the strategy to be in.
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