Retail stocks had a nightmarish end of week after Macy’s produced earnings that the Street didn’t care for. But that didn’t have any effect on Guy Cohen or his traders, because they obey a law that says “Trade What You See” … And what that means is they only trade when they see a compelling setup with Guy’s OVI indicator and the stock price itself.
Guy Cohen’s Guide to Retail Stocks
Since November that has meant overwhelmingly the Tech sector which Guy called just after the presidential election, hot on the heels of having made mints from the Financial sector in the months preceding that!
“Trade What You See” will make you money AND save you money. The markets are not for gambling on hunches with, unless you’re crazy! The markets can serve you wonderfully … but only if you play the odds. And the right odds are following the large leveraged investors. It works … so from now on make yourself a promise to stop with the Drama!
Learn more as Guy Cohen talks about earnings and the Trump effect right here.
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