THE BIG PICTURE FOR BIOTECH, ENERGY, MINERS AND STOCKS
The problem most retail traders have is that they never bother to look at the big picture. In the charts below I’ve marked where we entered the biotech, energy, miner and stock markets. I like to enter low and sell high. The exact opposite of what most people do. I’ll say it again: the correct time to buy is when you are most scared.
Biotech (IBB): Many ridiculed me, most ignored me. They missed the opportunity.
Energy (XLE): My most poorly timed trade should turn out to be exceptionally profitable as we got in at a 30% discount to the all-time high.
Miners (HUI): My best timed trade and our metals portfolio is up 144% so far.
Stocks (SPX): The SMT stock portfolio is up almost 70% over the past year while stocks have mostly gone sideways. We did this by avoiding major corrections and correctly understanding that stocks were not entering a bear market.
Like our new Facebook page to stay current on all things Smart Money Tracker
