Accelerating Through the Turn

Jordan Kimmel |

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I have often compared managing your portfolio to driving a car. For instance, it’s important to look much further than the hood of your car while driving, as you will be past that point in seconds. You need to look towards the horizons that way, you will see more and be able to make the subtle adjustments that are necessary to succeed.

Navigating the Twists and Turns of the Market

In trading, if I ever sense of treacherous turn of the market coming up, I’ll slow down, raise cash, and wait for another straight away. As the market once again feels like it is gaining traction, I’ll use the time to add new positions as well as adding to my best positions. Recently, I warned that I observed a few reasons to raise cash – now, I am accelerating though the turn as the market looks better into the near future.

As we enter into the next earnings season, it is widely believed that analysts are looking for overall earnings to decline for the first time since 2009. While this sounds scary, it is also widely known – which is precisely my point. The market seems to be looking forward again…and apparently likes what it sees.

I see many good looking charts on several top ranked Magnet stocks, which surprises me. Of course, I have always made it clear to my readers that I don’t know the future, I can only look at trends and made reasoned predictions. Although I am respectful that this is a market that should be getting tired, I’d rather continue to go with the flow, give the bull market the benefit of the doubt, and not hesitate.

 

Longs- Lannet Company, Inc (LCI) , Skyworks Solutions Inc. (SWKS) , TASER International, Inc. (TASR) , ANI Pharmaceuticals Inc. (ANIP)

 

By Jordan Kimmel, Chief Investment Officer at Investview, Inc. (INVU). Jordan can be reached jkimmel@investview.com

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
TASR TASER International Inc. 25.26 -2.26 -8.21 2,369,957
LCI Lannett Co Inc 24.15 0.90 3.87 1,014,361
ANIP ANI Pharmaceuticals Inc. 57.57 -1.41 -2.39 159,620
SWKS Skyworks Solutions Inc. 79.52 2.18 2.82 2,716,930

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