A Note Of Caution: Don't Chase Stocks

A note of caution, careful chasing stocks up here after a big move. Selective buys/secondary buys are one thing – if/when they trigger – but over the long term you will do much better if you resist the “urge” to buy just because stocks are up (a.k.a chasing).  As you can see from our process, we began buying in late April and did the bulk of our buying before the move became “obvious” to everyone. The market will pullback again- it is just a matter of when, not if. Take a look at these 5 charts and you can determine if/when it is an ideal entry point to buy up here:

Positions in: SPY, AAPL, NFLX 

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