LimLS
2022-07-29

Its the old trick of "bad news is good news". With "bad news", that means Fed must be less hawkish and start it's pivot soon. The FOMO is getting stronger and stronger. Will retail investors start rushing into the market again? I personally think this is just another relief rally. But for those who think the bottom is over, you can buy some good quality companies. Many of them are now at attractive valuation. As usual, avoid the hype or chase prices that had gone up by a lot.

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