A "Different Perspective"

When it comes to the markets days like today aren’t exactly the easiest, not unless you're a "Bear” or your positions are protected. Perspective needs to be not only considered but shown. It’s easy to paint “Gloom and Doom” when things are bad. And in actuality that can be the reality sometimes.

The S+P closed down 1.37%, The Dow Jones 1.20% and the Nasdaq 2.30%… Ouch, none of that sounds good. AMZN reported after the bell, they missed, and the markets reminding them of it. Currently AMZN has fallen down to the $173.00 area… Not cool man…. I’ve been long for many many years, not cool at all….. AAPL however beat on sales and is currently rising.

We are far more than options traders here at investingwithfaith.com We are swing and longer term traders too, when a breakout occurs and a new trend establishes itself. We also embrace the tenet that “Trade Management never goes out of style” Using proper entries, setting Stops and following your written investing plan are crucial to market success much less survival.

Yesterday I wrote about how it’s important to look at different charts from different time frames for different perspectives. There is no crystal ball, and I couldn’t have timed that again if I had too. It was simply the movements of the markets and what it’s been showing us. Not some “Guru’s” prediction. Many of the most popular stocks that are down today are still green on the week.

For a “different perspective” let’s look at 2 different Heat Maps today.. The first one is from today…. The second one is for the past 12 months.

Side Note: Non investing related.. I achieved a personal goal of mine today that I have been working on for over 4 years. Trying to decide how to celebrate this as it’s kind of a big one. Knowing me I’ll most likely go out later to a large wooded park and go for “Walk About” ( hike ) Moral of the story is don’t let let the down days get you down. Tomorrow is another day.

Invest wisely, live charitably and be well

Brother Bill