James "Rev Shark" DePorre, a Real Money contributor, is the author of Invest Like a Shark: How a Deaf Guy With No Job and Limited Capital Made a Fortune Investing in the Stock Market. He operates sharkinvesting.com, an interactive online community that serves and educates active investors.
These five key things will help make you successful at trading.
These things don't tend to happen in a market that is worried and embracing a negative narrative.
Worries of slowing economic growth, trade wars and political problems not seen in today's trading.
The indices have been in a trading range for a few days now and there is some generally good action in various areas, but it will be a soft open for the indices on Friday.
Contrary to logic, breadth was strong Thursday, bonds rose, metals were bought and even Walt Disney rose by more than 4%.
Small-caps are leading and that is further confirmation that the stock pickers are increasingly interested in the market.
I added shares this morning and will be looking for more entry points as it develops.
It can be enlightening to embrace the idea that no one really knows what will happen next and to approach the market from that standpoint.
Neither buyers nor sellers showed much conviction, and stocks just drifted around.
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