Hubert Senters here.
Let’s take a look at the markets. In particularly, we’re going to look at the markets BIIB because it is the biggest percentage gainer in the market.
This is why I think that suffering from a version or FOMO it can cause you potentially hundreds of thousands and even millions of dollars.
So if you look at this man, I would have definitely bought that sucker at $278. Sure you would. Let’s say the most recent high is $291 and the most recent low I’ve had is about $251.
That’s not a very wide range. You can see about right in here from about $288 down to about $258. That’s a tradeable range but it’s not easy to trade.
And what you’ll do is you’re going to do the same thing I would do. I was like man I wish I was in that but I’m not so what do you do?
I can’t possibly get long at $400. This thing can’t possibly go higher. It can. two famous phrases that a lot of people say and it’s usually the last ones they say.
It can’t go any higher and it can’t go any lower. It definitely you think can go higher and it can go lower unless it gets to zero and heads up not too far backward.
Crude Oil actually went negative. It can happen. So you got to be careful on this situation so one thing I do is I try not to beat myself like I bet a lot of people made a lot of money on that. I’ve bet a lot of people lost money on that.
You also have LLY. But these are basically news related specifically the BIIB and here’s why because let me grab the headlines really quick for you.
Biogen shares surge 38% after the FDA approves Alzheimer’s drug for the first time in two decades and then here’s the price of that bad boy.
So here’s the headline Biogen CEO says $56,000 anually for the drug is fair promises not to hike price for at least 4 years.
Thanks CEO. We really appreciate you not hiking up the price higher than $56,000 a year for someone that suffers that dreaded disease. We really appreciate that.
So what’s the point of this video? Don’t chase the news. Try not to suffer from FOMO. I know it’s hard. It’s like a laser and a cat. It’s like human nature first. You want to chase that thing.
And I’m not saying it won’t go higher. It can potentially go higher. But it could also pullback to $300 so I would let it stabilize and then get in this trade if you are willing to do so.
But make sure that you understand it went from basically a 20 point range to now it went vertical from yesterday about $274 up to $469.
If you don’t have the stomach for this stuff there are tons of other markets that you can potentially trade that may sync up with your personality slightly better or maybe even a whole lot better.
If you don’t know how to time bubbles that are popping then the power play will help you. I’m going to HYPERLINK you to a video to my video so it’s nobody else’s product. It’s mine.
Take a look at it and if you’re willing to take a leap of faith on learning how to time bottoms and time tops. Now, heads up I’m never going to make you a promise where you’re going to get in the dead low and the dead high.
That stuff is impossible. That stories of unicorn and fairy thoughts like that’s not possible. You can’t consistently do that. Can you do that every now and then? Sure.
But it’s sporadic. You’re not going to be able to be able do a system while I’m going to teach you and the power play system is how to know what a market is rolling over or how what the market is bottomed and it’s picking up sting. I’m going to HYPERLINK you to the video so you could check it out.
Good luck. Hope it helps. See you on the next video.