When the check engine light flashes – bring your car in…don’t panic. Running a diagnostic test helps visualize what’s going on. To do that, a mechanic’s gotta pop the hood. The same goes for the market. Today we’re popping the hood. Monday’s Sell-off Was Off The Chart Let’s start from the top and work our… Read more »
You’ve seen those nail-biter games when everything comes down to a few plays. It’s a win or lose situation. So, what does a great coach do? He turns to his best player and says, “Get In There!” I can envision coach Orgeron saying those 3 words in the championship game. What Have We Been Doing?… Read more »
In French, baton rouge means red stick. In Louisiana, French explorer, Iberville, was moving along the Mississippi River when he saw a stick that appeared red. He named the region, Baton Rouge. That red stick marked a boundary for local Native American tribes. Big Money Index Says Sellers Are In Control For Mapsignals, a red… Read more »
Success is not a random act. It arises out of a predictable and powerful set of circumstances and opportunities.-Malcolm Gladwell Have you ever noticed that people like things predictable and repeatable? We love routines. We love knowing what’s coming, and generally dislike surprises. The same goes for our taste in music. Colin Morris wrote a… Read more »
Patience and process – that’s the key to success in just about anything. Waiting for the “dip” takes a lot of the former – especially in this market environment. Markets were overbought and buying was drying up. Our Big Money Index was slowing and the market started to soften: So, I got excited. I even… Read more »
“Time may change me, but I can’t trace time.” When things get extreme on one end, it creates a vacuum at the other. It’s like the last few weeks when everyone is buying stocks. No one wants them to go down or thinks they will, but inevitably one-way traffic leads to the opposite. Stocks Are… Read more »
Fact: Joe Burrow threw for more touchdowns this season than the prior 4 LSU seasons combined. Quote: Winning is habit. Unfortunately, so is losing. -Vince Lombardi Outlier Stocks Make All The Difference Charlie and the Chocolate Factory with Gene Wilder fueled the imagination and also freaked me out. If you remember the super fizzy, lifting… Read more »
Fact: The top 20 poker players have taken home over $600 million collectively. Quote: You can’t stop the waves, but you can learn to surf.- John Kabat-Zinn Mapsignals believes in surfing waves – the market waves. Self-made trader Larry Hite said: There are just four kinds of bets. There are good bets, bad bets, bets… Read more »
The duck test goes like this – “if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.” Based on the duck test, our data says markets are overbought and due for a healthy pullback. Mapsignals Performs A Duck Test Market From Wikipedia, “If it… Read more »
“When you’re good at something, you’ll tell everyone. When you’re great at something, they’ll tell you.” Walter Payton – #34 – Hall of Fame running back, Chicago Bears Those words echoed loud and clear on Friday. That’s when a subscriber asked us about profit-taking. Since we’re not financial advisors, we can’t give personalized advice. What… Read more »