If there’s one lesson that investors need to internalize, it’s that past performance is no guarantee of future returns… that is to say, history doesn’t repeat itself. But as many have pointed out over the years, it does often rhyme.
Have you ever wished you could be a fly on the wall in a Wall Street trading room? Think of all the valuable information you’d gain just by sitting and listening to industry professionals openly talk about the market.
It seems the best investment strategy at the moment is to throw caution to the wind and take a chance. Experienced traders are entering positions they would never normally pull the trigger on. Perhaps even being acutely aware they are purchasing a “bad” stock (meaning not trading on fundamental news flow or from the usual technical analysis and normal setups), but getting rewarded heavily for doing so.