What GM, GS And XOM Do, So Does The Broad Market

Over years working with professional traders, I've found it interesting how each individual has their bellwether stock they follow to gauge the stock markets trend and identify reversals before they occur.

About 10 years ago I traded with a floor trader who swore that whatever GS (Goldman Sachs) did the market followed. Another said he only used XOM (Exxon Mobile), while Stan Weinstein says GM (General Motors) was the stock to follow.

While each of these traders have been highly successful with their bellwether stock, I wanted to cover these in more detail and show you how to get the best of each of their strategies working for you. This will help you time the market, identify the overall market health, and tell you when to be getting long or short stocks in your portfolio.

Watch this quick video below:
 

 

If you would like to successfully trade both bull and bear markets then join my trading and investing newsletter today and catch the next hot sectors for 2014 using my ETF Trading Strategies

Chris Vermeulen www.TheGoldAndOilGuy.com

This material should not be considered investment advice. Chris Vermeulen and J.W. Jones are not registered investment advisors. Under no circumstances should any content from this website, article, ...

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