Friday Nov 126 2021
Again this from Zacks, now compare this prediction with Rule 9 below
With the stock market pressing higher...
And strong economic progress to keep the momentum going (I expect this bull to run for several more years)...
There is no better time than right now to go "all in" as an investor.
Not only is the market pressing into record territory, but Q3 corporate earnings have just hit all-time quarterly highs, and Q4 could be even better. That’s a powerful force likely to drive the market even higher. In other words, you may never see share prices this low again.
This is an historic opportunity for you to capitalize on.
Farrell Rule #9
9. When all the experts and forecasts agree – something else is going to happen.
Translation: This rule fits with Farrell's contrarian streak. When all analysts have a buy rating on a stock, there is only one way left to go (downgrade). Excessive bullish sentiment from newsletter writers and analysts should be viewed as a warning sign. Investors should consider buying when stocks are unloved and the news is all bad. Conversely, investors should consider selling when stocks are the talk of the town and the news is all good. Such a contrarian investment strategy usually rewards patient investors.
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