It is impossible to predict the market and trump’s flip flop plans make it even harder to even see some form of trend. Just yesterday, we get news that the federal court ruled that he overstepped his powers with his tariffs and today it got overturned by the appeals court. I would think that June would be a month of his tariffs plans, how the other countries managed to appease him with countermeasures like buying more US products, whether the wars can successfully cease.
My main holdings are in HK stocks and this week has been a bad week. I have already taken profit on some like mixue and maogeping.
Moving forward, I think it is important to stick to the game plan. That is to only buy stocks of quality company, average down if I need to and if I still have cash[Facepalm], and take profit in a timely manner. The US and HK market has been volatile which makes it safer to take profit quickly. Don’t be greedy!
May is Done! How Do You Expect June Movement?
S&P 500 has risen 6.15% this month, marking its best monthly gain of the year.
After April’s sell-off and May’s surge, did you make any money?
There’s a saying: “Sell in May and go away.” Will you follow it? Interestingly, the market clearly ignored that advice last year.
However, June hasn’t historically been a standout month in terms of performance. Historically, the market has NEVER made the top for the year in the month of June. (since 1980)
Will you continue to hold or take profits?
Will June defy seasonal patterns, or see a temporary cooldown?
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