Tom Hougaard

Every so often, ‘The Top 1%‘, will present insight, interviews or segments, necessary to achieve the highest performance level in trading.

As Tom Hougaard, says:

‘You have to do this on your own, there’s no training, no course, no book.‘

Links here, here, here, and here.

Common Theme(s)

As more insights are posted, common themes or methods will become apparent. Not the least of these:

‘Earnings do not move markets.’

Wyckoff discovered this fact all the way back in 1902.

A century later, Robet Prechter Jr. published his work on P/E ratios; P/E does not define the direction of trend.

Of course, there are (likely) others with similar research.

Layoffs Accelerate

From market reality (above) to economic reality, we see Amazon layoffs gaining steam, link here, with UPS not far behind, link here.

Let’s throw in the ‘consumer’, financing their burrito deliveries via DoorDash, link here (time stamp 6:20).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279