Time to learn how to make money with a bear market
â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â The hardest thing to do in trading is to win in vastly different trading environments. Consider Cathie Wood of Ark Invest. She was the breakout star of the pandemic trading environment and became a symbol of the rapid increase in retail trading. More than any other stock, she was known for boosting Tesla (TSLA). Her picks were optimistic, futuristic, and forward looking. How times have changed.
Now, Tesla is in free fall. Cathie Wood is begging the Federal Reserve to stop increasing interest rates. TSLA is stumbling through its worst month ever, and shorts have made a fortune. You're a success if you catch lightning once. Yet only the truly great can do it repeatedly. If you are trading based on your ideology, your wishes, or your passion for one company or sector, you may have a great trading season. Yet you'll find it hard to adjust when the market changes. People really don't like admitting they are wrong. However, that's not the worst thing. The worst thing is being forced to recant something that was once part of your identity.
For example, if you've built a reputation and a brand based on futuristic tech companies that are going to create a better world for everyone, how can you go back on it and say the sector is dead in the short-term? It's worse than changing your mind. It's destroying your brand. That's why few ETFs or hedge funds or celebrity traders have great back to back years. The market is constantly changing.
The key is not to be emotionally attached to any one particular situation. You need to be ready to operate in any environment and be personally detached from what the market is doing. The only thing that matters is winning and losing.
What companies should be performing well or what products you think should be selling is irrelevant. All that matters is what works.
Let's go into Christmas weekend strong. Take no prisoners. Keep Moving,
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) WORD ON THE STREET High Expectations, Senate Spending Spree, Winter Wasteland - I Know I Wanted A White Christmas, But This Is Ridiculous - Wish we could get some of that global warming I've been hearing so much about. More than 5,000 flights have been canceled this week as a winter storm bears down on the United States. Governors in at least 12 states have imposed emergency measures as cold, blistering winds, and heavy snowfall are ready to cause chaos for travelers. - Haha, Money Printer Go Brrrrrrrrrr - Seriously, who is even counting anymore. The Senate passed an omnibus spending bill for about $1.7 trillion in new spending, including another $45 billion for Ukraine, almost $860 billion in defense spending generally, and more than $772 billion for other programs. The federal government is increasing defense spending by about 3% more than it is increasing nondefense discretionary spending. Our glorious leaders have basically agreed to close our eyes to the deficit and hope that it just will all work out somehow. - "Can't A Man Walk Down The Street Without Being Offered A Job?" - The tight labor market has workers feeling cocky about their demands. A New York Federal Reserve Bank survey found that the lowest amount respondents would be willing to accept for a new job is $73,667. That's up from $72,873 in July. That doesn't mean Americans are comfortable with their financial situation - almost half of young adults are still co-habiting with their parents because of inflation and the cost of living. - Wells Fargo Predicts Disney's Destiny - After years of success, Disney (DIS) is facing trouble after a leadership change at the top and the relative failure of some of its latest films. Wells Fargo analysts are predicting that Big Mouse will dump ESPN and ABC, with Disney sticking to being a company strictly defined by its IP. Since the dawn of Rogue Investing Daily, Mr. X has been keeping his readers one step ahead⦠Forecasting picks with returns of 390% in under a year...
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) HOT SPOTS: What's Going on in Geopolitics - War Is A (Profitable) Racket In Russia - The Wagner private military company, headed by Yevgeniy Prigozhin, is increasingly becoming the de facto Russian military, especially in the area around Bakhmut. The private company is reportedly in command of some official Russian military forces and is securing military supplies from North Korea. Meanwhile, while Ukraine is relying on some of its best troops to hold the besieged city, Wagner is buttressing its numbers by recruiting prisoners. - Zelenskyy Huddles With Polish President â On his way back from a triumphant visit to the United States, Ukrainian president Volodymyr Zelenskyy met with Polish president Andrzej Duda. The Ukrainian leader called his Polish counterpart a "friend of Ukraine." Poles have been especially supportive of Ukraine's fight against Russia, with many actually taking the step of joining Ukrainian volunteer forces. - India Preps For COVID Surge From China - As China lifts COVID-19 restrictions, India is fearful of a renewed outbreak in its own country. Prime Minister Narendra Modi has called for new travel restrictions, including vaccination guidelines that will take effect on Christmas Eve and random testing at airports. India has already identified at least four confirmed cases of the new BF.7 Omicron variant of COVID-19 in the country. CUTTING EDGE: What['](
)s Happening In Tech - Sam Bankman-Fried Freed On Bail - Somehow, Sam Bankman-Fried of FTX infamy has been freed on $250 million bail as he awaits trial on charges of fraud relating to his collapsed crypto empire. While he's undoubtedly happy to be free (for now), it's a long way down from his sprawling former headquarters in the Bahamas. Bankman-Fried will be back home living with mom and dad until the trial. - TSLA Offering $7,500 In Desperate Move â Tesla is desperate to increase demand and has begun offering a $7,500 discount for those who want their vehicle delivered in December 2022. The initiative didn't exactly win over shareholders - investors took it as a sign of desperation and the stock plummeted, dropping almost 9%. - Health Crisis Leading To... Record Egg Prices? - Yes, breakfast is way more expensive than it used to be. An avian flu outbreak that is regarded by some as the worst in history has killed millions of chickens and turkeys. As a result, Midwest large eggs are now an incredible $5.36 a dozen, a 30% increase in about a year. Don't look for relief in the short-term either - the cold snap will crush production. A bonanza these days FOR YOUR CONSIDERATION "Since last Friday, the 16th, Iâm over halfway to that goalâ¦$22,959, to be exact. And Iâm not using massive amounts of capital."
The market is plummeting... so Chris Hood is profiting. It's simple. In a bear market, the best way to make money is with options. Don't worry about buying at the dip - learn how to use the market's pain for your advantage. Chris Hood shows how it is done. [BEAR MARKET BOON WITH OPTIONS](
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