Style

Style

Lately I’ve been pretty busy and haven’t had time to watch the market all day. I thought about the price action over the past few days: in the short term, it’s clearly cooling off. But after the index keeps whipsawing and then slowly stabilizes into a better setup, it feels like the style might switch later on. Also, April is earnings season, and afterward it’s possible to see some institutional-stock, trend-following style moves. You should pay attention to certain ways of playing particularly trend-driven stocks. It could be that an independent type of trend stock keeps climbing all the way through, then leads to a peak in the sector, and completes a full cycle. At the moment, the sectors that are probably worth focusing on are within the themes of healthcare and computing power—specifically some trend stocks within those two themes.

Honestly, I already write very few of these kinds of forward-looking judgments. Because I personally have always been adjusting based on what the chart is doing. I’m afraid I’ll get stuck in a fixed way of thinking, and I’m also afraid other people will see it and blindly rush in, which could mess up my own cause-and-effect. Many kinds of review and recap don’t really need to be written down, but thinking definitely has to be broadened and used to consider the general directions.