$SPDR S&P 500 ETF Trust(SPY)$

2023-03-24

$SPDR S&P 500 ETF Trust(SPY)$ Powell just bought me more time to accumulate on some positions for 2024. While I would like to see a pivot, but the market just V bottoms so quick it makes slow accumulation a little difficult. Looks like retest of October lows potentially depending on earnings revisions and big cap reactions.

Targeting deep value, dividend stocks mostly with some strong tech $Alphabet(GOOG)$ and $Taiwan Semiconductor Manufacturing(TSM)$. Keep an eye on sector rotation over month to month, market will decide bottom.

I don’t see prices dropping on food, cars and services but probably going flat. Which is crazy expensive IMHO. Banks already tightening on credit (jacking up rates) which how most purchases are made. Stay the course, because if the market doesn’t recover we will have bigger problems than the market itself.

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Comments

Ah_Meng
2023-03-24
Ah_Meng
I like the way you said it... indeed, if the market doesn't recover, we are in a different kind of trouble
Pierre0520
2023-03-24
Pierre0520
Ok
annabg
2023-03-24
annabg
Ok
snoowy
2023-03-24
snoowy
ok
Alex1709
2023-03-24
Alex1709
Noted
Acip Sudirja
2023-03-24
Acip Sudirja
yes

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While I would like to see a pivot, but the market just V bottoms so quick it makes slow accumulation a little difficult. Looks like retest of October lows potentially depending on earnings revisions and big cap reactions. Targeting deep value, dividend stocks mostly with some strong tech&nbsp;<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> and&nbsp;<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>. Keep an eye on sector rotation over month to month, market will decide bottom. I don’t see prices dropping on food, cars and services but probably going flat. Which is crazy expensive IMHO. Banks already tightening on credit (jacking up rates) which how most purchases are made. Stay the course, because if the market doesn’t recover we will have bigger problems than the market itself.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> Powell just bought me more time to accumulate on some positions for 2024. While I would like to see a pivot, but the market just V bottoms so quick it makes slow accumulation a little difficult. Looks like retest of October lows potentially depending on earnings revisions and big cap reactions. Targeting deep value, dividend stocks mostly with some strong tech&nbsp;<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> and&nbsp;<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>. Keep an eye on sector rotation over month to month, market will decide bottom. I don’t see prices dropping on food, cars and services but probably going flat. Which is crazy expensive IMHO. Banks already tightening on credit (jacking up rates) which how most purchases are made. Stay the course, because if the market doesn’t recover we will have bigger problems than the market itself.</body></html>","text":"$SPDR S&P 500 ETF Trust(SPY)$ Powell just bought me more time to accumulate on some positions for 2024. While I would like to see a pivot, but the market just V bottoms so quick it makes slow accumulation a little difficult. Looks like retest of October lows potentially depending on earnings revisions and big cap reactions. Targeting deep value, dividend stocks mostly with some strong tech $Alphabet(GOOG)$ and $Taiwan Semiconductor Manufacturing(TSM)$. Keep an eye on sector rotation over month to month, market will decide bottom. I don’t see prices dropping on food, cars and services but probably going flat. Which is crazy expensive IMHO. Banks already tightening on credit (jacking up rates) which how most purchases are made. 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