Michael A. Robinson
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This Pool of Fresh Cash Will Send Tech Stocks Soaring (This Year)
We're coming up on the fourth anniversary of a very important conversation we had regarding the direction of the markets.
Back in late June 2014, I wrote to tell you not to cash out of the market just because it had hit new highs. I quite clearly said I thought we were in the midst of a generational bull market – and the last thing you'd want to do is sit on the sidelines.
Well, what was true then is even truer now.
See, while the mainstream media has been blasting you with negative headlines about scandals and wars, I've been drilling down – looking into the details about what's really going on. And here's something very important I found.
Despite a 10% drop in the markets (a correction), all the volatility we've seen since then, rising interest rates, scandals surrounding Facebook Inc. and Amazon.com Inc., and worries about a possible trade war with China, first-quarter initial public offerings (IPOs) had their best performance since 2015.
That's just not something you hear much about amid the general doom and gloom. But it's crucial.
See, nothing keeps a bull market on a long-term uptrend better than fresh cash flowing in. And IPOs are Wall Street's best lure for attracting new money from investors.
With that in mind, let's look at why we need to look at these setbacks not as roadblocks - but as great buying opportunities... - Pot Stocks Are About to Soar Again, and Here's Why
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