I can’t stress this enough. The easy money over the next year or so is going to be made in the stock market. Allocate most, if not all, of your capital to that sector if you want to have a lot more money in your account by this time next year. I would only use “play money” for metal, energy and currency trades. Serious money has to be reserved for the stock portfolio trades.
There are two periods where traders can make a lot of money fast. One is at the very beginning of a bull market (the baby bull), and the other is at the very end of a bull market (the bubble).
Stocks have entered the bubble phase of this bull market.
Not only do we have the bubble phase forces pushing stocks up but we also have PPT protection during the Fed rate hiking cycle. Let’s face it, there’s no way the government is going to let the market suffer any serious correction during the rate hiking cycle.
Just keep repeating this over and over. Nasdaq 10,000 will be a piece of cake. 20,000 isn’t out of the question.
