Rebel Traders 147 : Honk Honk, Here Come The Clowns
Clowns to the left, jokers to the right - here we are, stuck in the middle with you
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Restrictions are lifting slowly, people dealing with “Lockdown Fatigue” and official unemployment numbers coming out Friday with non-farm payrolls. It seems that the clowns and jokers are everywhere and the markets are pushing the bears back and giving the bulls a run… For now!
That being said, Phil is donning his parma-bear outfit while Sean is a wee bit more optimistic fundamentally. They tear into the numbers and break down what they are seeing ahead and what’s going on right now. More importantly, they also show how to continue to navigate these waters…
3 Key Takeaways From This Show
- Don’t let opinion override the data
- With new data, always be prepared to change your mind
- Trade small, trade often and if the trade sets up, the trade goes on
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