@Samlunch:Likely we will have a small pullback. Based on statistics, there are on average 3 pullbacks of 5% a year and on average 1 pullback of 10% a year. Expect a slight pullback then be ready to go long once we see a bullish candlestick pattern. Lets all huat together!
@Dan1192:$S&P 500(.SPX)$ has had a bad day yesterday as we know it, probably triggered by the latest inflation related news. I may be wrong, but I will be surprised if this is the start of the reversal. Rather than a technical analysis, I will explain from a macro level perspective. Everyone had a good weekend, it was the superbowl, it is the start of the Lunar New Year, Joe Biden posted on Tiktok, new Marvel deals, it's the Dragon year, more Feds on a 'no landing' Feds outcome, etc. As hard as it may seem to be, this is a temporary pullback, everyone is ready to move on again, everyone has accepted the inflated prices, the shrinking portion, the dystopic reality. The emotional buying and spending i
@mgjk88:My 2023 investment decisions in review: 1) My choice to purchase ETFs as the bulk of my portfolio was and is still a wise decision. It allows me to readjust my holdings according to a set of rules without buying or selling any stock, saving money from transaction costs. [Miser] In addition, it is done automatically every quarter. This saves me time from analysing stocks and keeping up to date with related stock news. [Cool] Although this strategy would mean underperforming or keeping up to pace with the market, it would save me my most precious resource - time. For those who aspire to attain higher than market returns, careful stock picking from deep analysis would still be the way to go. [Happy] 2) Speculation in hindsight