It really is sounding a lot like 1999 again when day traders expected to make 1,000% a year. It’s also looking a lot like 2007 when stocks were beginning the worst bear market since the Great Depression.
Just realize any money you put into Virgin Galactic is purely speculative. Before you hit the buy button, blow it a parting kiss goodbye. It very well could go lost in space.
Senior loans offer yields of 6%, on average, making them an income investor’s dream, too. But are these loans — which I only recommend holding through a closed-end fund (CEF) — a buy today?
Essentially, Cycle 9 Alert is all about “buying strength.” We position ourselves in stocks and ETFs that have already proven to have market-beating strength… and then we wait for the stock or ETF to make a bullish breakout — to new, even higher highs!