We have been offering proactive trading strategies to our clients through the internet since January 2, 2000, arguably longer than any other firm on the web today. We have withstood the Internet Debacle, the Great Recession, and we are prepared for what lies ahead too. We have watched firms come and go, investors too, but when they fell it was always for the same reason. At some point they stopped adhering to proven disciplines, relinquished risk controls, and that lead to material losses.
It is what you do when you are wrong that defines you. We will all be wrong from time to time. Prepare for it, and if you do great results can be achieved in any market environment. When the market declines think of it as being wrong; it is what you do when it declines that defines you.SIGN UP FOR FREE TRIAL
Real Time recommendations are provided to all of our Members.
President and CEO, Stock Traders Daily
I was a broker for Morgan Stanley. I was actively buying and shorting Internet stocks, and charging my clients hundreds of dollars for every trade. Online Trading had just started, and the fees that I was charging my clients for trading seemed outrageous in comparison. That was the first sign.
The unwritten law at big brokerage firms is, you cannot short anything the firm has a strong buy rating on. At the end of 1999, Morgan Stanley, and all other big brokerage firms, had strong buy ratings on almost every Internet Stock on the Market. In hindsight, we all know that was a mistake. As 1999 neared an end, I began shorting them more and more. Eventually, that came to a head.
On January 2, 2000 I began Stock Traders Daily. Our history since then is outlined below.
*These results were reviewed by the SEC without contest. They were generated from proactive trading recommendations and correlated strategies, not unlike the ones we use today.
February 2002 - Will an improving Economy be Enough?
We identified what we believed would be the bottom in the S&P 500, and suggested that investors engage a Buy and Hold Strategy when that support level was tested. This was the first official issuance of The Investment Rate. It told us that the Market would head higher for a while, after support was tested.
October 2002 - Buy and Hold Strategies kick in.
The Market came within 3.5 points of stated support, and turned higher. A buy and Hold phase had begun. Our upside target was based on timing, provided by The Investment Rate. In 2002, it told us that 2007 would be the peak in the Market, and our sell signal.
September 2006 - A warning was issued.
In a report titled "Top of the Market to you!" investors were warned that 2007 would be the peak in the Market. They were advised to begin to consider liquidating longer term investments. That included Real Estate. This was an advanced warning, so everyone could get ahead of the curve.Read the Press Release
The money Show, Las Vegas, November 19th, 2007
Short Bear Stearns, American Express, KLA Tencor
Enlarge the graphs and listen to the interview.
Seeking Alpha - BAC buys Countrywide - The Worst Decision of 2008
Dow 11842. Go to cash - sell stocks, real estate, and businesses
Short oil and wait for the buying opportunity in the Market. 6.20.08
Enlarge the graph and listen to the interview.
August 1, 2008 - MarketWatchA temporary market bump is in store for August
September 1, 2008 - MarketWatchInvestors eye equities
October 1, 2008 - MarketWatchThis downturn has just begun
November 1, 2008 - MarketWatchUse ETFs and timing to catch the market bottom
December 1, 2008 - MarketWatchPrepare to buy these ETFs if the Dow retests its lows again
January 1, 2009 - MarketWatch
Buy TBT. Enlarge the graph and read the article:Short U.S. Treasurys in January
February 1, 2009 - MarketWatch
Buy MSFT and GE. Enlarge the graph, read the article, and listen to the interview.Time to start being aggressive with strategies
March 1, 2009 - MarketWatchDial down the aggression in March
April 1, 2009 - MarketWatch
Buy URE and UYG. Enlarge the graphs and read the article:Being aggressive in financials and real estate
May 1, 2009 - MarketWatchBuy and hold is dead
June 1, 2009 - MarketWatch
MarketWatch did not run articles, but we provided daily updates to our clients as usual.
July 1, 2009 - MarketWatchExploit your competitive advantages
August 1, 2009 - MarketWatchAdopting a risk-controlled strategy
September 1, 2009 - MarketWatch
Read the article and listen to the interview.Beware, inflation is on the way