Cutting Losses Short in Stock Market

Podcast Episode Summary

Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted".

Ever notice that a stock will begin to drop (many times without any news), and people will begin to ask "why is XYZ dropping?" Then rumors begin to swirl that something might be wrong, and the stock drops even further. In fact, it slides quite a bit until the actual news is released.