And beyond the Mag7, the numerous stocks and sectors that have underperformed are showing signs of bottoming. If those laggards continue to catch a bid, like they did today, then the stock market in general will be heading a lot higher.
It’s a shame to miss this strong uptrend. It’s idiotic to be shorting it. Imagine just owning strong uptrends and adding to longs on dips and during periods of consolidation. Imagine the compounded wealth you will have accumulated. Imagine how much easier that would be, instead of hyperactively trading every minor negative divergence on hourly and 15-minute charts. Don’t throw your money away trying to mimic a trader who does not give real-time trading ideas or show his actual buy and sell prices. By the time you take a trade of Randy’s after watching a video, it’s likely too late. “This is not a follow me site,” he says. So don’t follow him.