Investors are Asking, What Do I Do Now?

Investors are Asking, What Do I Do Now?

Investors are Asking, What Do I Do Now?

$DIA, $SPY, $QQQ

Investors are constantly bombarded by the daily Noise about stocks and stock trading, so do not lose sight of what matters. Because as long as things are going well stay put, always take what the market gives.

Do not panic over a big down day meaning do nothing.

Panicking is not investing.

Often a Bull market has nothing better to do but sell off, and that should be seen as buying opportunities in good companies.

Discipline is Key, and waiting until buying opportunities come along is the Keystone of the savvy investing.

It is easy to get caught up in the excitement of making trades or buying some fast-moving stock. But if you do not understand what the action is about, guesswork is not a good investing strategy.

For individuals who manage their own positions successfully just need to keep on doing what you are doing. Let your winners run and cut the losers, find and study fresh ideas.

Standing pat does not mean letting capital go to waste. It means letting the wealth building effects of the market work, so set  emotions aside and ignore the short-term fluctuations along the way.

Markets have been consolidating YTD, but there has not been a 20% correction in this Bull run. And despite the fear of a trade war, the collapse of Turkey, slowing growing in China, the US economy is strong and growing stronger.

A strong and growing economy is what really matters for US investors. The fears will prove short-lived, they always do. The facts of a stronger economy will drive stock prices further North.

The Bull has paused to refresh, given 15-month rally between President Trump’s election in November 2016 and January 2018 of this year. A long term consolidation like we have seen since the 26 January highs, signals the Bull has more scope to run.

Those who are invested in companies moving society forward with breakthrough tech, dividend paying Aristocrats, and  growth companies that lead their industries, plus out-of-favor commodity’s companies, I expect will do Great.

In this current trading environment if you are a trader, sideways with a positive bias, it is a great time for buying on a down day and taking profits on an up day, but that mean paying close attention to the action

If you do not have the trader’s DNA stay invested and march in place.
HeffX-LTN’s US Major Stock Market Indexes Technical Analysis for the Week Ended 24 August 2018
Date Symbol Price Technical Analysis Support Resistance
24 August 2018 QQQ 182.48 Bullish (0.26) 180.57 182.82
24 August 2018 DIA 257.85 Very Bullish (0.50) 257.30 259.13
24 August 2018 SPY 287.51 Bullish (0.39) 256.75  None

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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