Investors Should Pay Attention to the Market, Not the Forecasters

Jordan Kimmel |

Everyone has an opinion on the markets. These days it seems to be fairly evenly split between the pundits calling for a correction. The bullish ones saying there is nowhere else to invest, and the bears are screaming we are in an asset bubble. While many are making an articulate case for their beliefs, I really don’t think any have a clue! That is why I say follow the advice from one of my mentors Michael Burke, who recently retired from Investor’s Intelligence. Michael reminded me to simply look at the clues every day with the fresh eyes of a detective. Pay attention to the market and you will be fine.

When I say “Pay Attention to the Market”, I don’t mean just the averages – Dow Jones, S&P 500, etc.– I mean look at the “internals of the market.” By that I mean look at the advance decline lines, new highs/new lows, sector rotation, and the week-to-week changes in these areas. If you are reading the papers for the last fives years, it has been hard to stay invested in the stock market. If you are following the internals of the market, it has been hard to not be invested.

To me, the market feels ripe for a real correction, maybe even more than 10%. For sure there are escalating unrest in the Middle East and in other area of the world as well. If things became unglued we really should not be too surprised. For now, I have several shorts in my portfolio, but I am weighted more long than short. I have a hard time not being invested in the “Top Ranked Magnet® stocks” that continue to show great positive price momentum with all this bad news around. These companies have such great fundamentals, I do not want to get caught up thinking about the wrong things. 

Should the advance/decline line turn south, the number of new lows accelerate, or down-side volume kick in, I will get more defensive. For now, I am watching the market and my portfolio, and I like what I see! I watch my portfolio like a hawk and should any company break down, I will stick to my stop-loss signals. As always, I’ll share ideas in my portfolio that look promising here.

Longs: Alliance Fiber Optic Products Inc. (AFOP) , Royale Energy Inc. (ROYL), ARRIS Group, Inc. (ARRS) , Lannett Company, Inc. (LCI) , Galectin Therapeutics, Inc. (GALT) , Omega Protein Corp. (OME)  

Shorts: LinkedIn Corp. (LNKD) , TIBCO Software Inc. (TIBX)

By Jordan Kimmel, Chief Investment Officer at Investview, Inc. (INVU)

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of 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:


Symbol Name Price Change % Volume
AFOP Alliance Fiber Optic Products Inc. n/a n/a n/a 0 Trade
LCI Lannett Co Inc 22.60 0.30 1.35 862,155 Trade
GALT Galectin Therapeutics Inc. 2.03 -0.30 -12.88 1,252,351 Trade
ROYL Royale Energy Inc. 0.55 0.02 4.17 13,447
LNKD LinkedIn Corporation Class A n/a n/a n/a 0 Trade
ARRS ARRIS International plc 26.70 0.10 0.38 1,572,388 Trade
OME Omega Protein Corporation 19.35 -0.05 -0.26 121,830 Trade
DTN.UN:APH Diversitrust Energy Income Fund n/a n/a n/a n/a


Emerging Growth

Altair Resources Inc.

Altair Resources Inc, formerly Altair Gold Inc acquires, explores and develops mineral properties in Canada. The Company is in the process of exploring its mineral properties.

Private Markets


Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…


Our mission is to be the best place for people who care about music to create and discover thoughtfully curated playlists. In essence, 8tracks is a platform for online mixtapes.