@JinHan:If football teams were stocks, I would say healthcare stocks like $UnitedHealth(UNH)$ best represents Croatia. Croatia went overtime and penalty shootout for both matches against Japan and Brazil and they camethrough as winner. They are now in the the semi-finals and will be playing against Argentina. Based on statistics, Croatia is unbeaten if the match goes into extra time/ penalty. It came no surprise when they beat both Japan and Brazil when the matches went overtime. Why UNH best represents Croatia is because of itsperformance year-to-date. At the point of writing (10 December 2022), UNH is up 7.38% for the year and this is despite the entire market being down. The resilience of the counter/ sector is
@JinHan:Keeping things short and sweet on why I think there are more upside than downside 1) Inflation is coming down faster than expected (October was 7.7% vs estimate of 8.0%) 2) Fed is looking to slow rate hike (from an expected 75bps hike to 50bps hike) 3) China covid restriction is easing up (economy will start rolling again once Chinese starts spending around the world) I have been adding more to my current positions and I believe the market will start rallying again towards the start of next year when Fed starts cutting interest rate. The potential downsides would be November inflation coming higher than estimate and Fed would have to revert to its initial stance of 75bps hike. I personally invest in $TSLA $GOOG $MSFT $AMZN $AAPL $VOO $QQQ. As