@Locuspocus:It's pretty obvious at the moment but if you somehow haven't noticed the market is super bullish. But extreme greed on this index is closely followed by a major pullback in the markets. It's not super wise to open new positions in extreme greed. Don't icarus your portfolio guys
@MHh:Stock market bears and bulls are the norm. Market did well during the covid early years was due to manipulation with quantitative easing. Now, we are paying the price of it- inflation. Of course, inflation was driven by other issues like long standing supply chain, China's zero covid policy and the war. Rate hikes are now leading to fears of recession. I do expect this market sentiment to last at least till end of the year. In addition, at the next earnings, if specific companies do not do well, stock prices will fall too. Personally, not too worried. This should be agood opportunity to add on good companiesor even ETFs. But, I am not in a hurry to addyet. Current small market rallies look like just dead cat bounces. I will patiently wait for the market to