In 2024, the main feeling among investors isn’t fear or greed, which usually drive the markets. It’s denial.
In 2022, we went through the first long bear market in over ten years. For many investors, it was their first real bear market experience, and it wasn’t pleasant. Both stocks and bonds dropped, leaving no safe place to invest. This made many think another 2008-style crash was coming.
However, in 2023, stocks took off, but mainly for the biggest companies. If you missed out on those, your returns were much smaller.
This has made the market seem very unstable, leading many investors to deny that a new bull market is happening. They just can’t believe it.
But today, it’s hard to ignore that stocks are booming again. It might still be tough, but the 2022 bear market is over. Prices have recovered all their losses, and strong market fundamentals, like rising earnings, show this rally is healthy.
The question now is whether you’re ready to take advantage of this opportunity.
Today we have a stock that recently pulled back but seems ready for another move higher and I want to take advangage.