Smart Stocks Investing

The Euro: Investing at the Point of Maximum Pessimism

Today we are going to talk about a trade idea that many would not consider at this point in time. You may have heard of John Templeton’s motto "the best time to invest is at the point of maximum pessimism". Of course, no one really knows when that point of maximum pessimism actually is until it has past.

The chart of the Euro firmly suggests that a downtrend is in place, beneath the scenes something is at play. To us it appears ripe for a small spot of speculation.
Let’s walk through what we can see.

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