Is It Time To Buy Beaten Down Names?
Is It Time To Buy Beaten Down Names?
For PRO Report Traders Only.
INTRODUCTION
This took me years to understand…
PRICE ACTION over HEADLINES.
It is easy to look at the news, look at the hawkish FED and create a bearish bias.
It is also easy to create a bias of ‘buy the dip’ because that has worked.
BIAS IS VERY DANGEROUS AS A TRADER.
Where we want to be is reading the price action with 0 bias. Sometimes we have to go to cash just to be able to create a thesis with 0 bias.
We may think we know something but, we do NOT KNOW if it already is priced in or not. You have to remember, we are going up against some of the smartest people in the world that have better technology than us and the capability to forecast better than us that is why for us, price action is key!
The remainder of this report is for our Advanced set of traders that are on the PRO Report. We are offering 20% off for life if you want to hop on board. When you join PRO you get access to us via Whatsapp and Email.
We also published an article with a interview we did with the CEO of Nitches (NICH).
You can read that here: https://lussosnews.com/exclusive-interview-with-nitches-nich-ceo-john-morgan/
CONTENT ORDER IN REPORT
INTRODUCTION
HOW IT WORKS
A BOUNCE OR REVERSAL
IS IT TIME TO GET LONG
THE GOLDEN TICKET TRADE
INDUSTRY ON HIGH ALERT
STOCKS BREAKING OUT TO WATCH
BOTTOM LINE
PS: Futures gapped down quite large as the S&P 500 was down over -100 points but, we feel this gap down could be AMAZING CONFIRMATION of a potential thesis. We will keep everyone on PRO updated all week.