Saturday Market Update: One Trade Made This Guy $100 million in 1929

You are receiving this email because you signed up to receive emails from True Market Insiders, rebranding to Sector Edge. [Unsubscribe here]( Keep the emails you value from falling into your spam folder. [Whitelist True Market Insiders](. Forgot your login information? Click [here](. [Image] Saturday Market Update Dear Reader, Welcome to "Saturday Market Update," a quick and easy read that recaps True Market Insiders’ market outlook from the week gone by while helping prepare you for the trading week ahead. Today is Saturday, Aug. 28 2021 True Market Insider Founder Chris Rowe recently wrote about the two most iconic animals associated with the stock market: [the bear, and the bull](. He talked about how the bear, by virtue of how it battles, is the more dominant of the two. But did you ever wonder where the terms originated? Well, the truth is, no one knows for sure. But the most popular belief dates back to the London Stock Exchange of the 1600s. Traders used to post offers to buy stock on bulletin boards or today’s version of an exchange. When a stock attracted many offers it was full of bulletins, or bulls. When offers were far and few between, the exchange was bare. So, bull evolved from bulletin, and bear came from “devoid” of offers, or bare. At least that’s one version. Much later in history, financial television legend Jim Cramer added pigs into the equation. “Bulls make money going long, bears make money going short; and pigs get slaughtered.” In other words, greed (the pig) is an investor’s worst enemy. You can profit equally on the short or long side of the market. Although the shorts have a tradition of capturing outrageous gains by taking contrary positions. Of course, Warren Buffett is behind one of the most famous contrarian quotes of all: “Be fearful when others are greedy and greedy when others are fearful.” You just better know what you’re doing. Take a gander at a couple of the greatest stock trades in market history—one bearish, one bullish. Called a financial genius, Jesse Livermore was known as a master of shorting the market. He first shorted shares of Union Pacific—some say accidentally—soon after the 1906 earthquake ravaged California. Then, when he realized that market speculation in 1929 had come too far, Livermore shorted and crashed the entire market. He pocketed $100 million as a result. That’s $1.5 billion in today’s world. On the long side, David Tepper, an expert in distressed assets, made one of his best trades during the recession in early 2009. At a time when no one gave Citigroup and Bank of America much chance of surviving, Tepper bought huge quantities of stocks in each. He relied on detailed analysis and (obviously impeccable) timing. Shortly after, both Citigroup and BofA quadrupled in value from their lows. Tepper’s hedge fund earned him a tidy $7 billion profit. As for greed-based trades. They don’t make history books, but they make great fodder for pages and pages of lessons learned. Be smart out there, and happy reading! This Week in True Market Insider Aug. 23-27, 2021 [Micro-Cap Monday: Here's the REAL Driving Force Behind Micro-Cap Winners — Bill Spencer]( Bill Spencer reveals [the most overlooked factor]( when it comes to adding the smallest darlings of the stock market to your portfolio. [Wait! Don’t Fire Your Investor Yet — Chris Rowe]( Is your advisor unable to explain why your portfolio is underperforming the broad market? Then according to Chris Rowe, it might be time to give your [financial advisor the ax](. [Here's 10 of the Best Dividend Stocks — Tim Fortier]( Want to generate income with the best-of-the-best dividend stocks? Tim Fortier did your homework by narrowing hundreds of options down to the [Sweet 10](. [SNAP Benefits to Boost Supermarket Stocks — Costas Bocelli]( Recipients of Food Stamps are about to get a boost in their allotment. And that means a boost in revenue for [supermarkets that cater to shoppers]( on a budget. [Make 167% on This Fed 'Tapering' Play — Jeff Yastine]( The writing is on the wall. The bond-buying spree is ending, and interest rates are headed higher. Jeff Yastine reveals a trade in one bank that could deliver [167% profits in 30 days](. Learn More About This Week’s TMI Topics [What Is Tapering and How Will It Impact Markets?]( [Here's What The Historic Increase In Food Stamp Benefits Could Mean For You]( These 5 Foods to Cost More]( [Qualities of a Good Dividend Stock]( [Finding Value in Micro-Cap Stocks]( Brokers for Options Trading]( [Five Signs It’s Time to Fire Your Financial Advisor]( [Kroger Plans for 1 million Booster Shots Per Week]( Copyright © 2021 True Market Insiders, All rights reserved. Our mailing address is: 33 SE 8th St, Boca Raton, FL 33432 Want to change how you receive these emails? 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