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Ep. 62: Joe Fahmy: Why Biotech Stocks Are Emerging As Leaders In Stock Market Recovery

Investing With IBD

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The Importance of Timing the Market

I had a pretty heavy cash position for my clients. I took some light positions and they started to work. We saw more accumulation come into the market. And then a whole bunch of stocks came through. The lesson here is, you know, when people talk about timing the market, I kind of hate that expression because it makes you think that you have to get the dead low and the dead high. But from April 6 into the middle of April, like you said, until up until now, it's been incredibly strong with all the stocks that continue to set up.

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