Trending Now News Equates To Garbage; It’s All Talk & No Action

Trending Now News Equates To Garbage

Never focus on what’s trending now when it comes to news; instead focus on market trends,  as this is where the money is. News is rubbish, but determining market trends in advance of the action is how astute investors make money over the long run.

Have you ever heard or seen the press push good news and that begs the question why?   Fear sells,  and everyone is using fear as the tool to manipulate the masses.  It is the oldest trick in the books, but unfortunately, it works like a charm.  The so-called Trending Now News concept is just another ploy to make garbage somewhat platable.

Once you realise the ploy, it is easy to deal with the issue. How do you recognise the ruse, the best way is to stop watching TV. For example, I cut the cord roughly 10 years ago. I am always asked if I have a smart TV, and I respond with “yes it’s brilliant” because it keeps its mouth shut most of the time.   When you stop watching the news which is nothing but gossip on steroids, one finds out that nothing has changed.

That’s when the realisation sinks in that today’s news has, and will always be an avenue for the best gossipers to turn garbage into sensational headlines. The news is worse than “toilet paper”; at least toilet paper is good for one swipe, one can’t lay the same claim to today’s news.

The media is going to continue to weaponise the news. Be prepared for fantasy claims regarding Brexit, the trade war with China, and any other factor that can be spun.   Ridiculous claims that make no sense will be used to try to push the fear factor higher; once again the best solution is to just ignore what the media is pushing and focus on the trend.
The “silver lining” is that fear of the unknown increases the “uncertainty factor” and in doing so breathes even more life into this bull market.

Until the Masses embrace this bull, this mad bull is unlikely to die.  The logical path based on the news is to panic, the illogical path is to ignore. Logic works when it’s based on reality, but fear is not based on reality, it’s based on a perception of what “could” happen. If you start to fantasize over what could, would, and should happen, one cannot focus on the trend.  Ignore the noise and focus on the trend. 

Trending Now Development; The Crowd Is Still Nervous

 

Despite the fact, that the Dow is dangerously close to testing its old highs, there are too many traders sitting on the sidelines waiting for the markets to pull back.  For almost this entire year, the number of individuals in the neutral camp has exceeded the individuals in the Bearish and Bullish camps.  Neutrality equates to uncertainty and uncertain individuals are the 1^st ones to panic.

These chaps will react the same way they have always reacted in the past when the markets do pullback, they will panic and flee for the hills and the whole process of waiting for the next pullback will start over again. In the end, these guys worry about everything but never focus on the main issue, which is to make money in the markets. The only way to make money in the markets is to be in it; as they say, the rest is just noise. Hence there is a very good chance that the next pullback could push neutral readings to the 50% mark. Every time this has occurred (since the inception of this bull market), the markets recouped their losses and then surged to new highs.

The weekly charts illustrate that the Dow is now trading in the overbought ranges; it still has a bit of room before it moves into the extremely overbought zone.  On the monthly charts the MACD’s have still not experienced a bullish crossover; until they do there is always a chance that the markets could experience a stronger than expected pullback.  If this occurs embrace the correction as we from Nov 2018 to Jan 2019.  Market Update April 13, 2019

Trending now Thoughts on the Fed and Stock Market March 2019

In terms of the stock market, until the Fed changes its mind, all sharp corrections have to be viewed as buying opportunities, and backbreaking corrections have to be placed in the category of “once in a lifetime events”, provided of course the trend is positive. That is what we are here for; to inform you if the trend is positive (Up) or negative (down).

The world is going to witness a Fed that has decided to make a cocktail of Coke, Heroin, Crack and Meth and take it all in one shot. Imagine what a junkie on this combination of potent drugs is capable of doing, and you will have an idea of where the Fed is heading in the years to come. Now the Gold bugs will cry “I told you so”. Our response to this statement; not so fast little bugs. While precious metals will do well, we think stocks in key sectors (and we are not referring to Gold stocks) will pulverise the precious metals sector in terms of returns. One such area is robots (particularly Sex-bots) and AI.  Market Update Feb 28, 2019