Market Percolates, Doubters Wait - Voice of the People

By
A A A

Zacks highlights commentary from People and Picks Member «MightyMo».

For more Voice of the People, visit http://at.zacks.com/?id=7872

Featured Post

The Market percolates upward as doubters sit on a wall of worry


They're coming out. The doubters, the doomsayers, the media 'fools' and of course the troll community. They're telling you the market is 'too high', they're telling you the 'market is over-valued'. They're telling you 'the market has moved too fast too quickly and wait for a consolidation'. They telling you to be 'cautions in this market condition'. They're telling to 'sell your profits and wait for a drop off'. They're even telling you to watch out 'for a Greece collapse'. They're telling you stocks are 'bloated gross pigs'. They're telling you of the impending Syrian war. Of course, the bottom line is they're telling you to lose money.

This market reminds me of the great market bull market  that started in March of 2009. This IS AN EASY TIME to make money. The market still has a long way to go up. DONT WASTE THIS GREAT OPPORTUNITY TO MAKE MONEY!!!! 

It's time to join the party; there's still time. DONT BE LATE! In this market, ones DOES NOT WAIT FOR THE PULLBACK. Go now, don't hesitate!

Of course, market technicians are telling you the woohoo charts are telling you to sell; that resistence et all is about to occur. Market technicians are stupid people , they are fools; reliance on voodoo patterns and mumbo jumbo line formations. Seriously get real. The fundamentals are good; the economy is getting better, the jobs market, the housing market all better. What COUNTS is what is happening here and not in some little mickey mouse foreign country.

Here's what to do RIGHT NOW! Get in and follow the winners, the momentum stocks that have moved and will move even higher. Watch the stock carefully however and be ready to pull out at the first occurance of weakness. Don't hold, get in and out, over and over again. Get back in on the  first sign of strength, get out on the first big sign of weakness.

Again I repeat, don't hold on. The market is fundamently undervalued, the technical indicators might say otherwise but they are totally useless and un-reliable. The economy is what counts. The administration is going to do EVERYTHING it can to get the economy right for the November elections. Companies are hiring again, rates are still low and inflation is being held in check. ONE HELL of a GOOD TIME to be in the Market!

DON'T FIGHT THE MARKET!

The most recent picks by «MightyMo» are:
A sell rating on Walgreen Co. ( WAG )
a buy rating on Occidental Petroleum ( OXY ) and
a buy rating on Brown & Brown ( BRO ).

About the Zacks Community

In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=7870

Follow us on Twitter: http://www.twitter.com/PeopleAndPicks

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=7867 .


 
BROWN & BROWN ( BRO ): Free Stock Analysis Report
 
OCCIDENTAL PET ( OXY ): Free Stock Analysis Report
 
WALGREEN CO ( WAG ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: BRO , OXY , WAG

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

100,376,898
  • $17.62 ▲ 0.51%
83,231,837
  • $25.62 ▲ 1.91%
75,739,329
  • $111.78 ▼ 0.77%
65,297,937
  • $36.37 ▼ 1.76%
59,053,093
  • $47.66 ▲ 0.29%
53,482,350
  • $2.59 ▼ 0.38%
51,504,284
  • $7.34 ▲ 2.37%
51,434,656
  • $8.14 ▲ 6.96%
As of 12/19/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com