To The Moon

Are you taking the rollercoaster today?

The market is shaping up for the opening on Tuesday after the holiday yesterday. As of writing, the futures look firm with all indices pointig up at least 1%. 

The worries people had just a week ago seem to have dissipated a bit. What a fickle group of people. It was only a few days ago everyone was certain of a recession. Goes to show howsentiment driven this market is rather than fundamental based. I mean how much has the fundamentals or macro picture changed since then? Not much to be honest! 

So best thing to do in such a market is to be objective based and certain of what needs to be done. A bear market is historically interjected with brief periods of optimism seen by sharp rallies better known as bear market rallies. Then when everyone thinks all is clear, the selling pressure comes again and blows everyone away. Same old same old.

So what gives? Its when the macros pressuring the market gives way to something more positive. Thats when the hibernating bulls will come in to blow the bears away.

So when is that? That is the question on everybody's mind! By the time the market turns, it usually does so very fast and no one can really time the market bottom.

So as the adage goes. Time in the market is more important that timing the market. Brace yourself for the rollercoaster ride and make it an enjoyable one!

Stay safe 😊