The Key To Winning - Find the Good Companies and...
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TGIF everybody. It's really starting to get to be a broken record out there in terms of what these markets are doing from day-to-day. Same thing over and over again, but it's not going to last long. The major averages are going to make a big move soon, and when they do, the move is going to catch a lot of investors and traders on the wrong side of it.
I talk to a lot of people in the business every day, and the consensus seems to be about 50/50. Although I do trust those who think the markets are going lower soon, the truth is anything can happen.
Economic data says no pain yet. Technical charts say lower levels. Fed says no problems. Earnings say blue skies ahead. Analysts say be careful. All I can say is buy good companies and sit on them. I think Buffett would say the same thing.