For those that followed our suggestions of not giving into fear and stampeding with the crowd, the rewards are starting to flow in. First of all, we scored our first home run for the year, closing half our position in AMKR calls for almost 125% in gains. Fear never pays off; learn to deal with it today, or risk paying the fear premium for life. To learn to fish you have to understand that fear has no place in the equation of life; this is something almost every service out there purposely ignores because they do not want to teach their subscribers how to fish. Sadly, what is even worse is that many of them do not even know how to fish themselves.
Overall the masses are still nervous as can be seen by looking at the sentiment data above. While the number of bulls has risen, there are still too many individuals in the neutral camp. Additionally, the markets are climbing a wall of worry, which is a very bullish development. Trade wars, government shutdown, political infighting, and a host of other events; despite this, the markets are trending upwards, slowly but surely. Eventually, when one or two of these negative factors are eliminated there is every reason to believe that the markets will explode. Fear does not pay, and we once again proved that in real time; when the markets were pulling back sharply, we refused to give into to it and to all of you that took a similar path, congratulations are in order. Until the masses turn euphoric, stock market bull 2019 will remain in play.