You're receiving this email as part of your subscription to Lou Baseneseâs Trend Trader Daily. [Unsubscribe](. [Trend Trader Daily]( [Charts] Panic Buys and Apple Fanboys Friday, January 28, 2022 When Fridays roll around in the Trend Trader Daily Nation, we roll out the charts. All it takes is a quick glance â and youâll be up to speed and poised to profit from the marketâs most important trends. Yes, even when thereâs nothing but a sea of red losses on the screen. With that in mind, Iâm dishing on: - One stock you should always buy.
- One asset you should consider always avoiding and...
- Definitive proof that all the selling is completely overdone. So letâs get to it⦠> ADVERTISEMENT < ** GOLD WARNING ** If you own gold or gold stocks, read this warning immediately. An event in 2022 could have a massive impact on gold and other sectors, says the man who predicted the 2020 crash. "Move your money now." The last time he issued a public warning like this, the market went on to see its biggest one-day drop ever. [Click here for the full details.]( Another Apple Bear Every time I appear on Fox Business with Charles Payne, he dogs me about my unwavering bullishness on Apple Inc. (AAPL). In recent appearances, I was adamant the company would easily beat quarterly expectations (see [here](), despite growing doubts. And I was right! Yesterday, the worldâs largest company reported a record quarter. Sales and earnings were literally off the charts, even in the middle of a supply chain crunch.
(click image to enlarge) Iâve said it countless times before⦠and Iâm going to keep saying it. No one ever wins betting against Apple. So donât try it, just buy it! Speaking of buying⦠We All Know The Adage⦠âBuy when thereâs blood in the streets.â Newsflash: Thereâs a river of red running through the streets right now. No matter where you look. But letâs take a look at the Russell 3000 Index, just for giggles. The average stock is down 32.2% from its 52-week high. If we dig deeper into the individual rivers of red by sector, we see the selling is universal. In fact, as Bespoke Investment Group notes, a staggering âthird of stocks in the index are now down versus where they were trading at the end of 2019 (before COVID).â Thatâs right. Weâre back to pre-pandemic levels. The selling is the most severe (i.e. overdone) in the [biotech/healthcare sector]( with the average stock down by more than 50%.
(click image to enlarge) As I noted in our year-end review series, [small-cap valuations]( plummeted enough to make them much more compelling bargains than large caps. Whatever you do, donât be afraid to be a buyer right now when everyone else is scared out of their minds â and scared out of stocks. Instead, spread some new investment capital evenly across your portfolio. History shows that such a diversified and disciplined dip-buying strategy will be rewarded. That is if you have the intestinal fortitude to actually do it! So do it! Donât Scam Me, Bro! After covering what you should be buying, itâs only fair to talk a moment about what you shouldnât be buying. Top of my list? Dodgy crypto offerings. As you can see in the chart below, annual losses stemming from crypto scams hit nearly $1 billion last year.
(click image to enlarge) A whopping 95,000 people reported losses â and the real figure is definitely much higher. The common denominator? These crypto âopportunitiesâ all originated on social media platforms. And younger investors are the most vulnerable, with people aged 18-39 more than twice as likely to fall for the social media scams. As the FTC warned, âPeople send money, often cryptocurrency, on promises of huge returns, but end up empty handed.â Indeed! So no matter how good of a crypto deal it sounds like, if the source is social media, avoid it! TREND TRADER PRO
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