Firstly, a Happy New Year to you all!
When markets get choppy and investors become indecisive, price swings can often feel random. The moral of this story is that by trading with a proven process to determine your bias, you can take advantage of such setups and improve your odds by being positioned on the right side of the trade with the weight of the fundamentals in your favour, not against you. Every setup requires a catalyst to trigger a move, and whilst some may say the market is higher because of Powell’s comments on Friday, the reality is that there is no smoke without fire - and the leaves were already on the forest floor before it started.
Trading Club members get first access to our exclusive analysis in real time each week along with our Checklist Report produced a month in advance of the action. If you would like to become a member, please sign up on our website. We are also releasing a special full length video from our archive showcasing a previous analysis that we did on Walmart using our Company Analysis Checklist that you can all watch for free on YouTube later this week (be sure to subscribe there and enable notifications so that you don’t miss the other good stuff we have coming your way this year!).
And as always, if you would like to learn how to trade with Lex in our Million Dollar Traders course, please review online course FAQs and watch here a special video explaining what members of the Lex van Dam Trading Academy receive! (Contact our team for a special discount as a reader of this blog if there is no discount displayed on the homepage!).
Have a great week,
James Helliwell | Chief Investment Strategist
Disclaimer: Our service is intended for educational and informational purposes only and should not be considered investment advice. Do not make any decisions based on the articles and material presented on www.lexvandam.com and never trade with money you cannot afford to lose. We cannot be held responsible for your trading results. For more information, please check Risk Disclosure - T&C.