Why the Market Will Maintain It's Upward Trajectory

Today’s featured article reveals why the market will maintain its upward trajectory. Continue reading for all the important details. January 15, 2021 [Option Sensei] [Why the Market Will Maintain It's Upward Trajectory]( The term “irrational exuberance” came into the financial lexicon in 1996 when then-Fed[Chairman Alan Greenspan used it to describe the stock market.]( The dot.com craze was just getting started and stocks then went on to a historic run before the bubble burst some four years later. They say history doesn't repeat but rhymes. I don't think the overall stock market is in a bubble. But, I still feel the market will maintain its upward trajectory and the Options360 Service currently has four bullish positions against a small SPDR 500 ([SPY]( put hedge. However, irrational speculation is running rampant, especially within certain market pockets. Retail traders are throwing reasoning out the window, leaping without looking with many likely experiencing large losses. [Learn about the investor concierge service our trading experts agree is: “The Best $19 You've Ever Spent” — The Options360]( Some quick examples; last week, Elon Musk[tweeted, “Use Signal]( Signal Advance, a tiny stock with a market cap of $6.3 million on the day before, gained 525% that day. It didn't matter that Musk was referring to using Signal, an encrypted messaging app — not the stock. Even after the tweet was clarified, Signal the stock gained another 90% the next day. Gamestop ([GME]( which has been on the bankruptcy brink for the past year hired someone from Chewy ([CHWY]( and the stock proceeded to go up 150% over the next two days in an incredible short squeeze. The IPO market's on fire with the list of new issues and SPACs, which have doubled on the first day of trading — is becoming too long to list. An example that conceptually, buying into an IPO has become manic is Petco (WOOF), which saw shares climb 80% above the offering price. Petco's a 50-year company selling pet food. It's not disrupting anything and it certainly won't ever be doubling revenues. When speculation's running rampant, it doesn't matter what the business is, let alone, what it might be worth in five years. What matters is what somebody's willing to pay for the shares today and tomorrow. The higher prices go, the more eager people are to buy. The more eager people are to buy, the higher prices go. And the higher prices go, the more eager people are to buy. I may sound like a broken record, but this is simply a game I'm unwilling to play. Yes, I do look on with some envy as these stocks like Churchill Capital (CCIV) come out of nowhere, and double in a matter of days — but I need to stay in my lane. [Claim your Options360 Service Trial for the discounted price of $19 — Before it is too late!]( That said, the Options360 Service recently added bullish positions in two speculative names; EV startup Electrameccanica Vehicles ([SOLO]( and INSU Acquisition ([INAQ]( a SPAC-backed by Mark Cuban and Chamath Palihapitiya which acquired Metromile, a digital-based auto insurance company. But, outside of those two names I'm sticking with big-cap blue chips such as Wal-Mart ([WMT]( and Advanced Micro Devices ([AMD]( which I added on this recent pullback. The bottom line is: While the irrational speculation going on all around me, I remain focused on grinding out trades with an eye on realistic expectations and managing risk. [[Last Chance] Gain entry into the Options360 Service for the special $19 trial price!]( SPONSOR [The No.1 Energy Stock for 2021]( After a decade with very few major oil discoveries a team of geochemists thinks it has found what could be the world's last giant oil basin. This time around, it's not ExxonMobil, Shell or Chevron. Instead, the small company which discovered the potential of this giant basin... also FULLY owns the basin. [You can get the full story here before it becomes headline news.]( Copyright © 2021 Mesh Publishing | All rights reserved. 146 W 29th St, Rm 8E, NY, NY 10001 [Contact]( / [Terms & Conditions]( [Click here to unsubscribe](