Did the market rallied because investors felt that with the rate hikes it will keep inflatiunder control and thus chances if recession or long term bear market is low? Not sure if I understand the article correctly.
That's why always buy companies who have shown strong profit results for at least 5 years and above. There are many other e-commerce companies worth investing than SEA.
Based on historical stats, a correction usually last an average of 4 months..hopefully we are nearing the end of the correction soon. Recession possibility seems low.
Hahahaha...all the best to those who just dumped their stocks. The stock market is a device to transfer wealth from the impatient to the patient. The best investors are those who can control their emotions!