May 31, 2023

 Buy the Stock Market

I have forever believed/understood that when you have ANY market that is pushing new highs…and you can detect any noticeable degree of public opinion that argues, “Can’t go higher!,” you’d better be betting on MORE UPSIDE…especially if that negative opinion is not only noticeable, but just all over the airwaves (like right now). And with that in mind, the headlines collection (see below) of exactly that sort of very recent media & brokerage house negativity absolutely suggests, to me anyway, that stocks are about to bust out of their recent upsloping range and make a fairly substantial non-stop move to the upside.

Obviously, the market’s rise is beginning to change some Wall Street minds, but for the most part, the majority of Wall Street’s geniuses still appear to be overwhelmingly leaning bearish…as is EASILY obvious from these headlines from just the past few weeks…
 

 Let's get real...Going forward from here, do you think that companies like Amazon, Amgen, Apple, Cisco, Meta, NVIDIA, Google, Honeywell, Microsoft, Netflix and Tesla are going to be getting stronger or weaker? Growing or contracting? Producing new products and services or closing their R&D's? Making MORE money or less? My two cents is on the positive side in every single one of them...and I can only believe that a year from now, they will all likely be trading at MUCH higher prices.

I am really interested in what you guys think.

Give me a call if you want to talk…

Thanks,

Bill

770-425-7241

866-578-1001

All option prices in this newsletter include all fees and commissions. All charts, unless otherwise noted, are by Aspen Graphics and CRB.

The author of this piece currently trades for his own account and has a financial interest in the following derivative products mentioned within: Stock Indices