Remember this period is always treacherous after the market has gone up allot. I always feel need for higher cash and higher quality to help between October 1st and November 10t. And a Vacation with no trading is usually the best game plan. I had a nice gain on LITE and basically stopped myself out at even…..really should be locking in 20-30% gains because I’m giving it all back🤔
Don’t forget that past prices were at 100-120 and the world the bull markets didn’t end. Example 2013 oil was 109 and the SP500 was up around 30%. In today’s dollars oil would be close $200. Not going to stop AI Growth at these levels. I believe it’s just another thing to distract people from the longterm opportunity.
@LeifSoreide Might it be a separation of accounting and not a 20 billion cut…. Allot of new covid investors that sell and ask questions later. No deep research
@ShakePryzby1 Spending cash flow of the Biggest best companies is a little different than the railroads and Internet buildout. Not saying it won’t end bad but tokens for AMZN are already positive cash flow I believe
Just like you always say…there are allot of traders/ investors that don’t do any homework. Mostly who started in the last 6-7 years. I know it’s allot of work to read
Quarterly reports and weekly news on stocks but you need to do at a minimum to have conviction and confidence