Lions! There Is No Reason On Earth To "Stock Pick" Anymore. By Gregory Mannarino

in #money7 years ago

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First off, let’s get on the same page.

In this environment, barring a major event, each of the major stock market indices will continue to move higher. (Yes there will be days where the market may "wiggle around" a bit, but the trend is higher).

People continue to write to me asking for individual stock picks, for which are used to post on my website.
Understand, there is no reason what so ever in this environment to stock pick anymore.

As I have been explaining for weeks on my daily video blogs, pick an index and simply ride it.
I have personally been riding ticker SPY.

Now don’t pick SPY just because I’m riding it. In this environment you can buy ANY index and ride it, buying CALLS on the way up, and PUTS on the way down.

If you like tech, ride ticker QQQ.
If you like the Dow Jones industrial average? Ride ticker DIA.
You like small caps? Ride ticker I WM.

Beating this market has simply become way too easy, and there is no reason whatsoever in my opinion to exhaust any energy at all trying to pick an individual stock.

Happy Trading!

Gregory Mannarino

*EVERYTHING YOU NEED TO RIP THIS MARKETS FACE OFF IN ONE PLACE! Click here: https://www.traderschoice.net/
#1 Trading Tip: You beat the Stock Market by watching THE BOND MARKET. Period.. Click here: https://www.traderschoice.net/
*This is an animal shelter which I personally support financially with monthly donations. Please adopt homeless pets. Gregory Mannarino https://animalfoundation.com/

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That will work until it doesn’t.

When this market breaks, it will be brutal.

Excellent , you are spot on with your observations, thanks for sharing very nice information with us, it's extremely helpful.

Thanksagain, Gregory. What the heck is going on, in the Crypto World, Bitcoin, Ethereum, Litecoin... My Sister just adopted an adorable kitten.

Very nice post as usual my friend, your posts are always helpful

You post always helpful. Thanks. I appriciated your post.

Hi boss I hope there are a lot better. I'm a big fan of you all of your videos I try to watch from YouTube all the time I try to watch with steemit

Very nice post as usual my friend, your posts are always helpful

very thoughtful and informative post, thanks for the useful information.

Reminds me of the good old days back in '29...

Somebody get that guy a Baby Ruth.

what a creativity!!

nice information and post too, your information is always spot on.

I think you are excellent with good knowledge . Thanks for share.

thanks for clearing the concept.
i appreciate your work .

Nice post thank you for sharing

I have never been a stock picker i just trade the indices (when i do decide to trade anyway) i have had some luck with the Hong Kong 40 in the past.

An excellent job as always my friend ;)

informative post my friend thanks & keep it up i got a more knowledge watching your videos

Dad always believed in the indexes as apposed to a managed fund. It makes sense to make it easy. Thanks for the good advice my wise friend.

Excellent post, you are spot on with your observations, thanks for sharing very nice information with us, it's extremely helpful.

helpful and informative.

Good advice. But I think it might be even better to get completely out of the stock market all together and dive into the crypto market. The gains are way bigger and lets face it, it's the future. Stop playing their game by their rules. Its time for a (crypto) currency revolution!

hey friend, people don't like it when you do this to their page, it is rude. Please do not spam here anymore. Thanks :)

wow really well post thanks for shearing

So when do you see the "crack" ever coming? Sounds like a permanent bull run!

good post...

I have to disagree on one point: I don't think even a "major event" would have a negative effect on this market, hehe. To me, we've had some rather "major events" and the market just keeps going up!

Really its a great post. Your opinion is very helpful for us.

Your opinion is really helpful . Great love your post.

Very good

Thanks for the great useful information.

nice post,thanks for sharing

Netflix and Nvidia (if my memory is right) and probably only 8 other stocks are accounting for all of the down of this last day.

There isn't any companies out there that are coming out with anything really innovative soon. Thus, it looks like everything is pretty much in the same boat. So, picking a particular stock is just a crap shoot.

So, unless you are a technical analysis day trader, I agree with Mr. Mannarino about stock investments at this time.

Thanks I think you are right on this.

nice post, are you give your youtube link?

nice post...thanks...resteem

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