Friday, August 27, 2021

Cathie Wood Bought China Tech. Now It's Time to Sell.

 
August 27, 2021
 
​​Former Air Force Pilot Discovers Little-Known Market Secret
Chuck Hughes is a former Air Force pilot turned 10-time trading champion and million-dollar investor…

And his brand new discovery, Omega ONE, was triggered on SMH...

Spitting out a perfect 0.01 rating.

This "0.01" signaled a healthy 107% winner… worth $17,302 in profits.
Click Here to See How
 
My Stock Market Outlook for the Rest of August Is Marred by Red Flags
My stock market outlook for the rest of August 2021 has a couple red flags that could be  warning of an oncoming correction...

We saw the recent surge in global volatility exactly a week ago as bullish investors took back control. This past Friday's trading session ended with stocks climbing higher as dip-buyers emerged to stake a claim.

Now I'm looking at the market carefully… and I'm not pleased with what I see.
We Need to Be Ready
 
Cathie Wood Bought China Tech. Now It's Time to Sell.
I'm honestly not sure why the media focuses so much on ARK Invest CEO/CIO Cathie Wood… I'm certainly tired of writing about her.

But week in, week out — just like clockwork — she shows up on financial TV pumping up her holdings like an overexcited evangelical preacher spreading the gospel.

Now that's her job, of course. Financial media appearances are free advertising for her products.

But she also gets paid based on both sales and performance, so there's more to these appearances than just an unabashed passion for fintech, next-gen internet, genomic research, automation, robotics and other ongoing innovations.

Tuesday was no different as she made headlines again when she bought thousands of shares in Chinese tech…
It's Time to Sell
 
"The most valuable information ever I have received"

Juan C.



A Double Bottom pattern is a chart pattern that describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter "W" and signals a potential bullish reversal of an established downtrend.
 
 
 
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