A brutal pandemic, a market crash and soaring prices on basic necessities would sour anyone’s mood. But here’s the thing: Market pessimism has become a “crowded trade.”
The key to successful investing: It’s not a high IQ, an Ivy League degree or even 10,000 hours of practice. Stop trading hours for dollars.
Recession fears are high, but keep an eye on two sectors. Consumer discretionary stocks are trending, and energy continues to march higher.
The proposed Inflation Reduction Act boosted energy storage stocks in a big way. And that’s just the start for the renewables mega trend.
Investors tend to make emotional and irrational decisions when it comes to buying and selling stocks. Systems help cut that out.
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