An old-school bond trader used to buy big when markets were chaotic. He wasn’t worried about picking the low: He focused on making good bets. Routinely after helping out a forced seller, he’d hang up the phone and say, “Pay Me Now Or Pay Me Later!” Then he’d quietly smirk.
Big Money Insights Weekly
Sometimes money gushes into stocks: other times capital rushes out. Right now, the Big Money Index is falling fast, signaling that sellers are rapidly increasing.
July and August normally means school’s out and it’s time for fun in the sun. To traders, it means get ready for summer volatility.
They say the trend is your friend. Well we say, the Big Money trend is your friend. And looking at Big Money data, stocks are setting up for more highs.
Stocks go up. Stocks go down. Outlier stocks do too, but they make investors rich. That’s why we say: never sell outlier stocks.
You hear us say it over and over. But let’s do it one more time: Don’t follow the news follow the big money.
Growing up in the South, I have fond memories of the rodeo. From the stands, everything looked easy. Bull riders saddled up with a calm nervousness, mentally prepping. Moments later the gate flung open and the race to 8 began! The crowd, hooting and hollering, counted the moments. Pure exhilaration!
“Drivers, start your engines!” One of the iconic starting commands in all of sports, the Indy 500 saying was made famous by Wilbur Shaw in 1953.
It looks quiet out there. Stock volumes are low and it seems like not much is happening. But, under the surface we see a story emerging… growth stocks are climbing back.
When you stare at data every day, trends become easier to spot. Right now, one trend is certain: uncertainty. Now, a week after we said stocks are heading lower, markets have whipped around. For now, the data says, brace for more stock market volatility.