RE: Stage Analysis Beginners Questions
(2022-03-04, 07:46 PM)isatrader Wrote:(2022-03-04, 07:34 PM)sjappie Wrote: Stan Weinstein says in his book to always look at the trend of the general market, dont buy if its going down. But now the S&P is trending down but the commodity sector is going up, if i listened to Stan I didnt make money on commodities. Or does he mean something else?
Commodities is a different asset class to stocks. So you have treat each asset class differently, as when he talks about the broad market in the book it only refers to stocks. If trading commodities then you need to look at the commodities market instead.
thanks.