Getting Aggressive
Often we focus on limiting risk, because many of our subscribers are older investors with a lot to risk. But we have some younger subscribers with less money but larger risk tolerances. Here's a solution our system came up with for one of those investors on Wednesday.
When You're Willing To Risk A Large Decline
A copyright-free photo of Shanghai at night.
An Inauspicious Time To Invest In China?
When a Chinese stock appeared among our top names on Friday, we thought of the many recent new articles arguing this is an inauspicious time to invest in China. Consider a few of them:
China's Tech Crackdown (Time Magazine):
An observation we've made in previous posts (e.g., AMC: Return Of The Meme Stock) was that the resurgence in meme stocks last spring came as Bitcoin sagged. That made sense, as the parabolic rally in Bitcoin and other cryptocurrencies earlier in the year had siphoned some of the speculative fervor out of meme stocks.
Screen capture via Cortexyme animation.
A Bigger Bubble Than The Late '90s
Phoenix Capital Research offered an interesting comparison of the current stock market to that of the dot-com era of the late 1990s in a recent post ("Yes, It's A Bubble and Yes It Will Burst Soon"):