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Mark Minervini: Discipline needed as market opens higher after weak close

Mark Minervini: Discipline needed as market opens higher after weak close
Discipline urged as market opens higher

Mark Minervini, independent trader and educator at Minervini Private Access, cautions investors to remain disciplined as markets open higher after a significant down day and a weak close on Friday.

He highlights that one of the most common mistakes is to assume the first market bounce signals the start of a sustained recovery.

Minervini recently observed that the S&P 500 is on pace for a fourth straight year of 15% or greater gains, referencing similarities to the late 1990s rally in a previous update. He has also addressed skepticism by publicly defending a 25% trading return achieved in nine days. These comments come as traders weigh the significance of the latest market bounce.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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