Steve Reitmeister is the CEO of StockNews.com, bringing 40 years of experience to help individual investors find outperformance. For the better part of the past two decades he was the editor-in-chief of Zacks.com where millions of investors enjoyed his timely market insights. Mr. Reitmeister's commentary has also been featured on other leading investment websites including Yahoo! Finance, SeekingAlpha, CNNMoney, and MarketWatch.
The bull vs. bear tug of war is at another critical juncture as they battle over 4,000. The two previous skirmishes were won by the bears, states Steve Reitmeister of Reitmeister Total Return.
It's been roughly 40 years since investors have been faced with high inflation as the cause of a recession and bear market. And yet we have been dealt five bear markets since that time, states Steve Reitmeister of Reitmeister Total Return.
Coming into the last Fed announcement in December I saw that the bulls had gotten ahead of themselves with some painful downside likely to follow, states Steve Reitmeister of Reitmeister Total Return.
I am still quite bearish on the short term outlook expecting stocks to find a bottom between 2,800 to 3,200 in the first half of 2023, suggests Steve Reitmeister, editor of Reitmeister Total Return.
Why will the bear market re-emerge in early 2023, what is the best strategy to profit on the way down, and how best to bottom fish to ride it back higher? Finally, what trades have 100%+ potential as the new bull emerges? 40-year investment veteran, Steve Reitmeister, answers all that and more in his timely "Stock Trading Plan for 2023".
Yes, we are still very much in a bear market. That is sometimes hard to see when there are still many impressive rallies. But history shows that this is all normal in a long-term process to find bottom that is still well below current levels. 40-year investment veteran Steve Reitmeister shares his current market outlook along with a trading plan to not just survive, but actually thrive as this bear market claws its way lower.
In June, things were very clear. The stock market broke below 3,855 and was crowned a bear market. From there economic data got worse and stock prices headed lower. Since then, there has been a glorious rally. Have we truly found bottom with new bull emerging...or this is just another tricky suckers rally before the bear mauls stocks further? 40-year investment veteran Steve Reitmeister shares his timely views and trading strategies to stay on the right side of market action.
Discover this consistently profitable trading strategy that unearths the Top 10 Stocks Under $10. What's even more impressive than the strategy's +59.43% average annual gains since 1999, is that it has actually produced a profit for investors in 2022 when most are reeling from heavy losses.