Two issues:
1. Buying breakouts does not work in all markets. See the relative strength of FFTY to VTI which was strong in 2017, had no outperformance during in 2018, and suffered during the 4Q 2018 selloff. Also, BOUT performs similarly.
A different strategy should be considered during sideways and bear markets and IBD seems to push the same approach in all markets even though the data (again, look to relative performance of FFTY) does not support it.
2. As a paid subscriber I HATE having advertisements thrown in my face all over the screen, including pop-ups.
5 years ago
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