When your teachers said something nice, you feel that all these 60 hrs a week studying for the past 5 months are so worth it. Amazing teachers like @timothysykes@thehonestcroock@kroyrunner89@mono_trader@tbohen and others are all we need to motivate us. And they do care ππ»ππ»ππ»
This is Trump's midterm year. SPY crashed from $697 to $629 so far. Its at $712 right now.
The average drawdown for any given midterm year is 20%. Trump says he will have to end ceasefire and peace agreement with Iran this weekend.
You'll get 1 more chance to buy the dip.
Every midterm year since 1974. Its the same pattern.
1974 Ford: β35% β +38% a year later
1978 Carter: β15% β +24%
1982 Reagan: β17% β +58%
1986 Reagan: β10% β +35%
1990 Bush: β20% β +29%
1994 Clinton: β8% β +37%
1998 Clinton: β22% β +40%
2002 Bush: β34% β +34%
2006 Bush: β8% β +24%
2010 Obama: β17% β +30%
2014 Obama: β10% β +17%
2018 Trump: β20% β +37%
2022 Biden: β27% β +25%
2026 Trump: -10% so far...
Avg drawdown: β19%
Avg 1-yr from the bottom: +33%
13 for 13. Never missed.
The market doesn't care who's president.
It bleeds. Then it rips.
I am still around, trading and learning, but I have been focusing on my career, and miss you guys. Just want to share this blessing today. Closed all positions. Great day. Hope you all have a wonderful weekend.
-I graduated school in the lower half of my class
-I grew up in a middle class family
-I was a college drop out
-I was laughed at when I started trading when I was 19
10 years later I own three properties, own two business, and have made millions in the Stock Market!
Never Quit
@Charmaine_kch Yes I do. Pennystock does not fit my schedule since I work full time and I do not have the time to watch the stock like hawk. With options, I am swinging
Not a good market and not playing but I locked in small profit for $SI for merely 10% profit. Small gains add up. I plan not to play until market is not choppy