Very interesting. They(some analysts) used to say high Interst rates is bad for the stock market.In fact High interest rate was good for my portfolio. Going forward Even if stock market goes up or down I will be happy man.
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I agree. By staying in the market we get life time opportunity. MY new approach is different from other portfolio managers. I have a concentrated portfolio. When they say Asia-Ex Japan I will look for Japan. When they say Japan, I will look for Asia_Ex Japan. When they say Magnificent 7,Bitcoin I will look for elsewhere.
I'm always long, of course, and wouldnt know how to short.
A correction would be welcome however. I'm happy to take my lumps. Trees can't grow to the sky as Jack Bogle once said.
Hopefully we will still get to wear our DOW 40,000 caps at some stage this year and do some day drinking.
In the meantime all the index are making ATH. NVDA up another 4% overnight to close at an ATH. I agree though a retracement would be healthy
And if they aren't winners they weren't experienced enough?
They sat the S&P 500 has closed higher in 16 out of the last 18 weeks. That hasn't happened since 1971.
this time next week it be 17 out of 19 …hasnt happened since goodness knows when