It's Called Risk Appetite

JC Parets
October 29, 2022

Thanks for all the great comments and emails.

I'm glad to hear how well you guys are doing in this environment.

But keep in mind that not everyone looks at the market the way you and I do.

Some people out there think the Dow Jones Industrial Average is beneath them.

Some people like to pretend to be smart and wait for computers to tell them if stocks are going up, instead of just counting.

Price weighted indexes don't seem to be good enough for some of their boujee lifestyles.

Fortunately, for us simpletons who are only here to make money, we see the Dow Jones Industrial Average rallying for a 4th consecutive week, finishing up the greatest October of all time.

There are stocks going up.

And since this is the best time of the entire 4 year cycle to be buying stocks, should this be surprising at all?

I don't think so.

Meanwhile, to add to the seasonal tailwinds, next week begins the best 3 month period of the entire year: Nov-Jan.

Are you fighting that?

What are you even shorting in this market?

We've been finding that it's easier making money from the long side in this environment.

What are you seeing?

LMK

- JC

Also see:

Bear Markets are a Choice

Winners Win

You're Crazy to be Short

 

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