To The Moon

Over the past year and a half, $S&P 500(.SPX)$ has risen nearly 50% from its low at the end of 2022. However, the stock market cannot keep rising indefinitely; a pullback will occur sooner or later. If you buy at historical highs and the market subsequently falls, your portfolio could suffer significant losses.Although buying at high points seems risky, if you can hold firmly for the long term, this risk can be mitigated.It depends on what type of investor you are. If you hold a stock or an index for the long term, it should be fine. For example, $NVIDIA Corp(NVDA)$ previously rose to a high of $950, then pulled back to $760, consolidated for two months, and then broke through to $1,000.Is buying at h

* Wall Street rises on signs of further pullback in inflation; Chinese EVs rally despite EU hikes in tariffs 🇺🇸 S&P 500: 0.24% 📈 🇺🇸 Nasdaq: 0.34% 📈 🇪🇺 Stoxx 600 Index: -1.30% 📉 🇯🇵 Nikkei 225 Index: -0.40% 📉 🇭🇰 Hang Seng Index: 1.07% 📈 🇨🇳 CSI 300 Index: -0.46% 📉 * U.S. stocks continued their rally, with the S&P 500 and Nasdaq Composite up 0.2% and 0.3% respectively, as further signs of slowing inflation strengthened the case for a rate cut this year, while the U.S. 10-year Treasury yield fell 7 points basis points to 4.24%. * U.S. producer prices fell -0.2% m/m in May 2024, compared with expectations for a 0.1% rise, compared with a 0.5% rise in April, mainly due to a 7.1% drop in gasoline prices. * U.S. jobless claims rose to 242k, well above market expectations of 225k and the hig