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Why 2024 Will Demand a Solid, Adaptable Trading Plan — Like This

by | Nov 16, 2023

The market will be an uphill battle in 2024. Here’s my plan… 

Traders throughout 2023 had to be selective. It was the only way to really make money, given that 62% of the stocks in the Russell 3000 are below their year open. 

That’s a big hole to climb out of.

Distribution of Russell 3000 stocks

 Source: The Lead-Lag Report

With statistics like those, traders need a trusted process. It’s the only way to survive. 

The process I put in place years ago paid me in 2023, even with banking crises, foreign wars, inflation, interest rate hikes and more. 

I trust it.

Now we’re on the brink of a new year, and it’s time to reevaluate. What are the economic conditions, who are the key players, how is the health of the consumer, where are the opportunities… 

I have my opinions, but this is my biggest concern:

The consumer and highly leveraged companies are under immense pressure. I believe this will continue into 2024 and beyond. According to the Mortgage Bankers Association, nearly ¼ of the mortgages on office buildings will need to be refinanced this year. 

If these groups falter, will the government rescue them again? We shall see. But if they collapse, what will be the ramifications?

I’m interested in the answers to all the questions above, but the reality is that the answers will not shake my trading plan in 2024. This relieves a lot of pressure, because my trading process is made to adapt. That way, I can enjoy life.

Your process should have this ability, too. And you should have confidence in its ability to perform.

My plan includes investing in solid companies with solid dividends. When companies consistently pay year after year and increase in value and dividend payouts, that’s a company worth following. It understands its purpose and doesn’t lose focus.

When you find a company that consistently performs, multiple trading opportunities abound in just one ticker. 

Every year, every four-year presidential term, every economy from peak to trough moves in cycles. And inside those cycles exists an element of predictability traders can use to their advantage. 

This time is not different.

Come 2024, I see industrials, utilities, certain real estate, some materials, key health care, and helpful technologies providing opportunity. 

I can be wrong on this early prediction, but it will not matter. As I mentioned, my process will adapt.

This long-term view gives me perspective for years ahead all the way down to the five-minute chart. It’s why I’ve been pin-pointing 2025-26 as areas of turbulence for over a decade, and it’s why I’m positioning myself right now for the years to come. 

While that might sound impossible to predict so far in advance, I use the same process for my monthly forecasts which, if you have followed, have been eerily accurate.  

Yet  the process is simple, effective, and requires little time.

Sadly, however, many traders misunderstand the concepts or miss the opportunities altogether.

Jack Carter and I go live at 1p.m. ET TODAY, Nov. 16, to explain everything you need to know. We’ll give you tickers and tips that could help you navigate 2023. 

Join us. I think you’ll learn something valuable. 

Think and win!

Celeste Lindman
Celeste Lindman Trading

If you haven’t already, join my Telegram channel here for frequent trading insights and market musings!

*This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk. 

P.S. Starting NOW — Your Ultimate Dividend Portfolio Workshop

It’s time to join Jack Carter and myself for the Ultimate Dividend Portfolio Workshop.

We’re live at 1 p.m. ET, so join us here!

Today, we’ll show you how to build a dividend portfolio in just three basic steps.

Plus, we’re giving away our best dividend stocks at no charge!

 How to Build the Ultimate Dividend Portfolio 

WRITTEN BY<br>Celeste Lindman

Celeste Lindman

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