TG Watkins – The Buy The Dip Strategy Remains Firmly In Place As The General US Stock Indexes Surge To New Highs
TG Watkins, Director of Stocks at Simpler Trading and editor at the Profit Pilot website, joins us to discuss the recent moves to all time highs in the general stock indexes, and that the “buy the dip” strategy has continued to remain firmly in place. While there are a few concerns about the overall market breadth, TG points out the new signs of life within the small cap stocks, using the (IWM) iShares Russell 2000 ETF as a proxy for the sector, and how there may be a rotation from some of the larger cap names down into the smaller cap opportunities. We wrap up with thoughts on how the investing theme and focus is really around the inflation data, and that this is keeping investors bidding up the general markets, and some focus on the safe haven assets like gold, bonds, the US dollar, and cryptos.
Click here to visit the Profit Pilot website to follow along with what TG is trading.
Hi Jerry:
The April 30 2021 quote for Pd was 2934.60.
That is 963 dollars lower in seven months.
I should have sold my Pd and bought some more blanket notes.
Hello John………. that might have been a wise choice…. 🙂
I think platinum… might be taking the lead… for a switch over….
the Metal have a long way to go….
Certainly keeping most people off balance, of course I am only speaking for myself.,,,
who would have thunk, …. the corruption was so deep, … anything goes at this point…. JMO
Palladium…… DOWN BIG…….. $103….