Hey, Ross here:
Everyone’s starting to shut off for the holidays – but the opportunities just keep coming. Here’s what I got for you today.
Chart of the Day
Coal producer Alliance Resource Partners (ARLP) is forming a giant bear flag.
The $21 level (the white dashed line on chart) is a significant one for this stock. It previously served as the resistance level before the breakout higher and then became the support in the second half of the year.
The bulls are fighting to defend the price at this level. But if they fail and the stock breaks below that level – it may be time to consider a short.
Insight of the Day
Incentives are the best predictors of all.
Every investing “guru” out there has a prediction. Very few of them come true. The reason is simple – making accurate predictions is extremely difficult.
There’s just too much randomness when trying to gauge how the intersection of various economic and market factors will ultimately play out. Even a slight deviation in one of these factors could send the entire prediction off course.
But if there’s one major factor that’s not random, it’s human nature – which makes them the best predictor of all. If you can spot the all-too-human incentives driving market movements, I believe you can come out very far ahead.
For instance, if you had inside market-moving information that the public doesn’t – and it’s completely legal for you to use it – wouldn’t you take advantage of it? Of course you would. The incentives are all there.
This isn’t speculation. There are people with both this kind of inside information and the legal cover to use it. And if you know how to “track” their trades, you could profit right alongside them.
Click here to get all the details of this shocking market loophole.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
