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Are We Off to the Moon After the Market Bounce Back?

Are We Off to the Moon After the Market Bounce Back?

Posted On December 6, 2021 1:53 pm
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We’re having a strong day in the markets today with the Dow up over 2 points as I write this, the S&P up almost a point and a half.

The Nasdaq is lagging behind, likely because of the tech names that have been slammed the last few days.

So with all the indices on the upswing, is it time for us to take an aggressive bull stance? 

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I don’t think so.  As I have said over and over the last several months, caution is the name of the game. 

I know, it’s boring.  It’s much more exciting to see the stories of some dead broke pizza guy who bought BTC at $.50 and is now a multi-millionaire.  

But here’s the thing, for every one person who changed their life on some crypto or meme stock or tulip speculation there are 1000, maybe 10000 people who lost everything. 

I’ve said it over and over, I’m not opposed to speculation…

But it has to be with play money, not investing money. 

Try out the concierge trading service that’s delivered its members 39% to 122% in annual profits —  The Options360!

I found that out early when, on my first options trade, I lost $50,000.  I was a young man and could hardly afford to lose that kind of money. 

But I had a “sure thing” and got into a naked trade.  

And the next day, BOOM – I was down $50k!

When you take a disciplined approach to trading, you can mitigate risk and make significant returns quickly. 

For example, so far this year Options360 is up 54%…

And I am looking to bump that by a few points by the end of the year. 

How many mutual funds, managed accounts or index funds have that kind of track record.  

That track record isn’t because we got lucky…

Our mean ROI between 2015 and 2020 is 65.6%.  

That’s a track record of performance worth considering.  

Check out how we make those kinds of returns with a $19 trial subscription.

It’ll be the best money you ever spent!

To Your Success,

 

Steve

PS.  Require Government Disclosure: Past performance is no guarantee to future gains. 

However, a winning track record is a heck of a lot better than a losing one!

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.