Aug. 29 at 7:08 PM
I hear a lot of complaints about how bad this market has been and how nothing has worked for months.
But that simply isn’t true. Software has been working for months. Go back through my history and you’ll see I’ve been highlighting
$IGV,
$PATH,
$PLTR,
$NOW,
$CRM, and others.
The problem is that too many people stayed too long at the party in high-beta momentum names, even after those names stopped working.
The lesson is simple: follow market strength. Stay with what’s working while it’s working, and move on when the trend changes. Don’t cling to losing trades just because you’re attached to them.
