Ep. 96: Critical Thinking the Trend Following Way with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Market Is Always Right
Jim Warbach writes some great commentary and he put a piece out recently that I caught in late December. He was listening to a radio show and the host of the show said the stock market is always right. We may not agree with the market is doing at any point in time, but it's futile to say the market is wrong or to invest opposite the market. If the trend of the market is up, that is the correct trend and we need to go with it. if the trend turns down, we should get out and not try to rationalize the market should not be going down.
Play episode from 17:41
Transcript
