Look Out Below
As I often note, making Plans B and C is free.
The stock market is always looking past “bad news” to front-run “good news.” Once it became clear that the Titanic was indeed going to sink, the stock market would rally on the prospect of sharp growth in lifeboat shares. In other words, never mind the bad news, let’s look beyond that and find some reason to rally.
This is a pattern that’s easily visible…
