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There's a lot of discussion at the moment about which way the markets are going to go from here.
Some of it is good, of course, but frankly, a lot of it is bad.
Thing is, most of what you hear is noise – make that badly informed noise. Big shock there…
Right now, mainstream analysts are finally coming around to topics and thoughts we've had on our plate for months – like for example, the possibility of short-term market turbulence but higher prices ahead… That's the latest from Wells Fargo's Christopher Harvey, who's a noted bear, and seconded by Merrill Lynch's Stephen Suttmeier – both as reported by CNBC.
Meanwhile, Bloomberg is reporting that JPMorgan analyst Stephen Tusa now considers the $6 target he's got on General Electric Co. (NYSE: GE) to be "generous." Apple Inc.'s (NASDAQ: AAPL) pivot, meanwhile, is beginning to draw attention for the reasons we laid out more than a year ago, when I first told you about why services could double that stock's value. Tesla Inc. (NASDAQ: TSLA) is in trouble again…
You get the idea.
Anyway, the reason I'm bringing all this up is not to take a victory lap – as often as we get to do that together, we can skip it just this once.
Rather, since we're ahead of the curve, as usual, I thought I'd take the opportunity to run through some of the basics that ensure we keep banking more profits more often than the crowd, in this market or any other…
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About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean, and he's also the founding editor of Straight Line Profits, a service devoted to revealing the "dark side" of Wall Street... In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.
Tags: trading strategies