This podcast is produced by KPP Financial, Steve Peasley President,

KPP Financial, Independent thinking, shared success.

And now today's podcast.

Good afternoon fellow investors and welcome to our Thursday June 11th

2020 edition of Invest Talk and today was I think a lesson for a lot of people. A lot of new investors

suddenly became let's, a lot of new traders suddenly became

investors.

That's the joke, right, where new traders, you know, they're making money and they feel good and they're, you know, they're,

they're living high on the hog, right?

And then risk happens fast and now they're down and then they tend to hold right and

then they talk themselves into being an investor as opposed to a trader because

they're down so that's kind of what you saw today was teaching those new investors a

lesson and we're going to talk about more about those new investors entering the market,

what they tend to invest in, where's the word of the day

but today was a rebuke that's the that's the word of the day, rebuke.

And what did it rebuke?

And to me it rebuked three things.

One, the technicals, if you watch my YouTube video on Friday, you'll say that, you know, we checked

a lot of boxes for the bulls. We got above a lot of positive resistance levels.

We recovered a lot of levels that because we were below before told us we were in a bare market.

And the fact that we recovered those levels was the checkmark for the Bulls.

And the title of my video on Friday was

...