Could this be a solution to combat the crisis?
Good Morning Traders, hope your weekend is going great.
I've recently stumbled upon the idea of using the 200 Week Exponential Moving Average (not sure if its the same one in the chart), to try and find the lowest point the S&P 500 has reached. In the internet bubble, 2008 housing crisis and the 2020 covid crisis, the S&P's lowest point seemed to be after it dips under the 200W EMA. Now, while this will make it much easier for me to find exactly when the "low of the low" is, I doubt that the whole market will react the same way. My plan is as follows,
- When the S&P dips bellow the 200 W EMA, that will be a time of extremely close monitoring of the market, as we all know how undervalued stocks are today.
- I will also be buying a bigger % of ETF's than single company stocks. I've also seen the stock Fairlead Tactical Sector Fund (
TACK), at 24.41$ last traded. I'll basically be holding everything in the S&P while also investing in real estate, technology, financials and many more. You can read about it here fairleadfunds.com/tack
With this strategy I hope to combat the recession we're in now, and probably heading deeper into. Until then, I'll continue holding my long positions and possibly buy more if the scenario I described plays out in a good way.
Thank you for reading, and happy trading!
TACK
I've recently stumbled upon the idea of using the 200 Week Exponential Moving Average (not sure if its the same one in the chart), to try and find the lowest point the S&P 500 has reached. In the internet bubble, 2008 housing crisis and the 2020 covid crisis, the S&P's lowest point seemed to be after it dips under the 200W EMA. Now, while this will make it much easier for me to find exactly when the "low of the low" is, I doubt that the whole market will react the same way. My plan is as follows,
- When the S&P dips bellow the 200 W EMA, that will be a time of extremely close monitoring of the market, as we all know how undervalued stocks are today.
- I will also be buying a bigger % of ETF's than single company stocks. I've also seen the stock Fairlead Tactical Sector Fund (
TACK), at 24.41$ last traded. I'll basically be holding everything in the S&P while also investing in real estate, technology, financials and many more. You can read about it here fairleadfunds.com/tackWith this strategy I hope to combat the recession we're in now, and probably heading deeper into. Until then, I'll continue holding my long positions and possibly buy more if the scenario I described plays out in a good way.
Thank you for reading, and happy trading!
TACK
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