The market was down this morning on news of unrest in the Middle East. (it’s back up now, by the way)
So now seems like a great time to warn you against joining in on the stupidest thing in the world.
See, investors are a jittery bunch… They’ll take any reason at all to get nervous and start selling off.
Even completely unrelated reasons like what’s going on in Israel right now…
It has nothing to do with corporate earnings or interest rates or where the market is going in the longer term…
So today’s lesson is to avoid jumping in on over-reactions… As you can see, this morning’s market over-reaction to the downside was already erased by the afternoon.
And for anyone who jumped in could have gotten burned.
So as they say: plan your trade and trade your plan. In other words, ignore the noise.
That’s what I’m doing.
Here’s one strategy that I use week in and week out. We’ve had a string of winners since we launched … and that was just a few weeks ago, as the market was going nowhere but down. Check it out.
Trade well,
Jack Carter
