The Most Bullish Thing A Stock Can Do

JC Parets
October 31, 2021

The most bullish thing a stock can do is go up.

It's not about the company's earnings. This is not about the federal reserve.

It's supply and demand.

If there is more demand for a stock than there is supply of it, the price is going to go up.

Market prices trend. We know that for a fact. It's just basic arithmetic.

We know that market returns are NOT normally distributed.

That's why Technical Analysis works, because we're identifying trends.

That's why permabears keep losing, because they're ignoring trends.

That's why gold bugs continue to be the clowns of the industry, because they're ignoring trends.

That's why the Tesla Shorts and all the journalists piling on are the laughing stock of the market, as $TSLA crosses $1 Trillion in market-cap.

Because those people chose to ignore trends.

The Bitcoin haters?

Trend ignorers.

Indian Bank stocks are too expensive??

Stop it!

Are you noticing a theme here?

Why make your life so difficult?

We know for a fact that market prices trend. Why must you pretend that they don't?

Is it ego?

Is it ignorance?

Is it a passion for losing money?

Why constantly fight trends?

Why get so upset at the people who logically follow those trends?

Did mommy not give you enough attention when you were younger?

What's the problem?

Oh you think crashes always start from new highs?

You're one of those?

Do you also kick puppies?

Tops are a process, not an event.

Bottoms are also a process, not a single event.

Markets don't just turn on a dime, there are plenty of signs, always.

That's where Technical Analysis comes in.

Is it perfect?

No. Is anything perfect?

Oh, Technical Analysis only looks at information from the past?

Yes. If you can please send me some information from the future, I'd be happy to take a look.

You see, Technical Analysis doesn't give us all the answers. But it sure goes a long way in helping us ask the right questions!

The most bullish thing a stock can do is go up.

If you never listen to anything else I say ever, please remember that one.

Monday Night I'll be hosting our Monthly Charts Strategy Session where we'll go over all of the most important charts from around the world and break it down to our favorite trades and strategies as we head into the end of the year.

There's a lot going on! I'll be going live @ 6PM ET 11/1/21

Premium Members can register here for it, if you haven't already.

If you're still not a Premium Member, shoot us an email or give us a call and we'll hook you up: 323-421-7910

JC

 

 

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