Some traders like to listen to classical music, others to jazz or the blues. But I'll listen to anything while I'm looking through my charts and data; it just depends upon the feel. So, this morning, when my Spotify shuffle went from Tony Bennett's "Swinging on a Star" to Ted Nugent's "Free for All," I had to stop.
Think about it: The markets are exactly that right now… a free-for-all. Was The Nuge hinting at some market savvy in a song?
Nah, of course not.
But there was this one line: "Here we go, look out below."
It's not nice, it's not pleasant, but it's the reality we've all got to deal with right now.
About the Author
Chris Johnson is a quant - he's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.
Chris also contributes to Money Morning as the Quant Analysis Specialist.