A stock may be in a
monster bull move and you have high expectations for making a profit.
He is the author of the prophetic Crash Proof and, most recently, The Little Book of
Bull Moves in Bear Markets.
The following is an excerpt from The Little Book
of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Market is Down (Little Books.
He talks about one trader who «seems to get in near the start of every
substantial bull move and works his $ 10 thousand up to a quarter of a million in a couple of months.
Furthermore, Boris Schlossberg, managing director at BK Asset Management, said Tuesday on «Trading Nation» that while neither stock is a buy right now, «the bullish case for both is if you're truly a big believer in a
massive bull move this year in the market, and that the tax cut is going to increase spending on travel.»
I was looking at some charts with a colleague earlier this week and was startled to discover that a very
quiet bull move has begun in the miners.
The evidence is irrefutable: the depth of the 2011 — 2016 bear market is what set up this massive rebound and
subsequent bull move and based upon the amplitude of the collapse, the GDXJ has a lot farther to go.
But when that correction has run its course, make sure you are ready to add or initiate positions in high quality junior mining shares, because I believe the next
extended bull move in the mining shares will offer the to potential to make a life - style changing amount of money.
There was a 175 pip pullback during the first 700
pip bull move and a 245 pip pullback during the second 530 pip move.
He talks about one trader who «seems to get in near the start of every
substantial bull move and works his $ 10 thousand up to a quarter of a million in a couple of months.
The Little Book
of Bull Moves in Bear Markets nailed the exact cyclical peak in the commodities boom.
Bar 7 - Two legged pullback in
a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top of 6 bar tight trading range, limit order market, sellers scaling in above, buyers below, both scalping.
After Melo opted out of his contract,
the Bulls moved from 15/1 to 8/1 to win the 2014 - 15 NBA Championship.
Chicago's roster is in quite a weird spot after the Jimmy Butler trade after
the Bulls moved the All - NBA wing for youth in Lauri Markkanen, Kris Dunn, and Zach LaVine.
Thibs had
the Bulls moving in the right direction initially but things changed.
The bull move stopped as a bearish engulfing candlestick emerged.
Bar 7 - Two legged pullback in
a bull move, opening reversal up from moving average second entry buy, but big outside up bar at top of 6 bar tight trading range, limit order market, sellers scaling in above, buyers below, both scalping.
In this week's Stock Market Video, Cabot Market Letter and Cabot Top Ten Trader Editor Mike Cintolo discusses that asking about corrections misses the point of
the bull move going on right now.
The odds are quite high that
the bull move in price ended back in Aug of 2014 for the index.