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Dow just 7.6% from All-Time Highs

November 12, 2022

The Dow Jones Industrial Average is up over 5000 points in less than a month. That's almost an 18% ripper in your face.

How's it feel?

Was it as good for you as it was for me?

Do you remember Maria Bartiromo's face when I told her we were in a new bull market?

That was October 14th...

She thought I was nuts.

Fun fact: The Dow Jones Industrial Average is only 7.6% away from a new All-time Weekly Closing High.

At the rate we're going, we could be there by next week. But certainly by year end would be perfectly normal.

Meanwhile, did you see this inglorious bastard up 24% in 2 days?

Talk about a bullish initiation thrust.

Are you gonna short that thing?

Be my guest.

As you guys know, we've been spending a lot of time looking for stocks to buy while all those angry people were doing the exact opposite.

I say good. Stay angry.

No one cares.

We're only here to focus on our own portfolios.

If you want to get your faced ripped off shorting stocks in bull markets, you're welcome to do so.

It just seems so much easier to follow trends, and the trend for stocks has NOT been down for 5 months now. And in a majority of cases, the trend has been up.

So we've acted accordingly.

Our list of stocks to buy, best entry points and price targets are all detailed and sorted in our Rangefinder App.

If you still haven't connected the app to your account, do not wait any longer. Email us here and we'll get you set up right away.

It's an amazing tool. Especially in this environment, where there have been so many great opportunities!

- JC

 

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