@Phoebe, sifu in general. You can find a lots of them in Facebook and Telegram. Only subscribed members can get the first batch info. They push using the tactic above without the knowledge of the public. Not all sifus are like that, some are more ethical such as those who advise you to study the financial background of a company.
Many others will say "buy tech stocks! the more pricey one the better!" "pandemic caused a boom in tech gears!", when the pandemic retreated they did not yell "sell tech stocks, as tech gear demand is falling".
They just want you to buy to heat up certain stocks/sectors despite the PE is already very high. They usually sell you an indicator called MCDX claiming it is the tool to look at sharks/whales volume. Actually it is just another momentum indicator disguised as valuable insider info. If you chase using momentum indicator, the market will see sharp surge and fall. Those sifus are killing the market these days. They earned subscription fees as well as capital gains by spreading false info.
The market already priced in the potential of a Fed rate hike, this is how the saying "buy the rumour, sell the news" came about. If the Feds hike, nothing happens; if the Feds don't hike, its a surprise, and the market rushes to compensate.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by stockraider > 2 months ago | Report Abuse
Good prospect mah!