Investors are waiting for earnings this week and today big earnings announcements are coming from Bank of America, BlackRock, American Express, eBay and Netflix. They will all report after the close later today.
What`s happening in the market is a change. Investors move from one sector to another. Investors are not buying everything like last year any more. Take a look at Best Buy. Tripled in 2013, but plunged over 40% at the beginning of 2014. The stock in down 62% from the top, and struggle to bounce back. Stay away from stocks like that.
I see a new bull market starting right now. That`s why it is very important to jump in now, because it will probably be too late at the end of the year.
Jump out of stock without rock-solid fundamentals and buy high-quality stocks with solid fundamentals. Like that, the money will just rotate. The new bull stocks will not be hammered as hard as the crock stocks. They will rather take off right now.
Money will always be on the move and will always flow towards its best and safest returns. Take a look at the dollar. It`s going straight up. At the same time, the fear have doubled. Other quality blue-chip stocks will report later this week. Stocks are plummeting today. Is it emotions or fundamentals?
I`m very excited about the rest of the year and the beginning of 2015. New bull markets starts right now.
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Ket Garden
Shiny bull 