Investing With IBD Ep. 291 Why Minervini Calls Volatility A Rare Moment For This Market
Oct 16, 2024
Mark Minervini, a two-time U.S. investing champion known for his trading insights, teams up with Irusha Peiris, a seasoned Portfolio Manager at O’Neil Global Advisors. They dive into the current market chaos paired with unexpected volatility, revealing how historical data can shape today’s strategies. They emphasize the bullish potential for mid and small-cap stocks as election trends unfold. Risk management takes center stage, highlighting position sizing and adaptive tactics for trading success amidst uncertainty. This conversation is a strategic goldmine for investors!
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Buying Breakouts Amid Fear
- Mark Minervini learned early to buy breakouts even when scared, such as during the 1990 Gulf War.
- Staying invested during fearful times led to significant profits and lasting lessons.
Unusual Volatility at Market Highs
- Volatility around market highs is extremely unusual according to Mark Minervini's 41 years of experience.
- High volatility at new market highs complicates staying invested through breakouts and rally phases.
Tighten Stops Amid Volatility
- Manage volatility by tightening stops and maintaining position size to protect capital.
- This approach allows multiple small losses but retains big positions when correct, optimizing reward versus risk.