Larry's "Family Gathering" February 15, 2024 Recording

In this video, Larry begins by presenting two trade recommendations, then digs into AI stocks, Bitcoin, and what you should be doing right now. Is it time to go long? Go short? Or wait for a decline? He explains the difference between FOMO and actually losing money, and how pain can be an important tool towards making progress in the markets.

Larry then dives into the debt crisis and what it means for stocks. Do stock market declines create debt? He reflects on Jesse Livermore's philosophy of gamblers vs. speculators, then delves into the "Jaws of Death" pattern and how it shows the potential for decline. It might be safer to be on the sidelines now, rather than long, as there's simply too many issues right now to be heavily invested.

After showcasing his five favorite stocks of the moment, Larry presents a "Trader's Tip" on when to get out of the market, using QQQ as an example. He caps things off with his overall expectations for what's to come in the markets, including the possibility of a March rally.

Watch the full video below! Originally recorded on February 15, 2024. And stay tuned for the next Family Gathering webinar, coming to you in mid-March! Before then, watch for Larry's next newsletter, early next month.