# Investing’s Cardinal Sin

Canonical: https://tradersdailydirection.com/investings-cardinal-sin/

Hey friend,

It looks like another winning week in the markets.

Next week’s CPI report will do a lot in confirming – or reversing – this recovery.

Let’s see how markets have been moving.

## The Daily Direction

![](https://tradersdailydirection.com/wp-content/uploads/2024/05/Screenshot-2024-05-07-at-8.21.11 AM-1024x251.png)

**Note:** All indexes closed marginally higher again yesterday – keeping all index directions firmly in the green.

## The Daily Nugget

**\_“It’s important to note that exiting the market after a decline – and thus failing to participate in a cyclical rebound – is truly the cardinal sin in investing.”  
\_\*\*\*\*~Howard Marks**

So many investors get scared off by a correction…

That they never come back in after the rebound – missing out on participating in the rebound.

This is the cardinal sin in both investing and trading…

And it’s how people end up buying high and selling low – instead of the opposite.

Right now, the market is emerging from a pullback…

And if you want to go after the stocks that could surge the fastest in this rebound…

Then follow what the “smart money” is doing.

[**Ross Givens explains how to do that here.**](https://pro.stealthmodeinvesting.com/?tambid=23942&email=%7B%7Bemail%7D%7D)

![](https://tradersdailydirection.com/wp-content/uploads/2023/11/TASignature-300x75.png)

**_The Traders Agency Team_**