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 bottom before adding on goodstocks. Of course, if the price is already attractive, I will nibble a bit. I do not expect any rapid market rebound like the covid time in 2020 as governments are not rushing to pump money to prop up the economy. Many have to bear the pain and allow the stock market to crash before inflation makes life unbearable for the common man on the street and lead to social unrest.
Patient is key... in terms of adding pace andwaiting it out for the next bull..
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- blue sky·2022-10-02TOP等待,等待49Report
- EKOS·2022-10-02TOP변화에 항상 준비되어 있습니다37Report
- LuckyPiggie·2022-10-02TOPpls share when and what u going to trade ... i support you , but can only afford 1 stock per counter ok. [Grin]14Report
- LMSunshine·2022-10-02Great sharing,thanks🤗4Report
- wingcheong·2022-10-03Remember WB's famous quote, "Be greedy when others are fearful".4Report
- ___ _·2022-10-03suddenly u write [Applaud] [Like]4Report
- 211013能量飞车·2022-10-02等到触底反弹再入货5Report
- alexloai64·2022-10-02Happy Sunday And Happy Weekend everyone !!!4Report
- StarGate·2022-10-03hold on ...review your stock and do the next best thing1Report
- Ung·2022-10-03Thanks for sharing1Report
- xuany·2022-10-03[愤怒] [愤怒]1Report
- BlogArca·2022-10-03Thanks for sharing1Report
- LesterTan·2022-10-03Hold only solid blue chips1Report
- st16·2022-10-03thanks for sharing1Report
- JC888·2022-10-04Next earnings call is now as companies are reportg progressively. Nike didn't report gd results tts why share price fell... Its coming alright... Watch out2Report
- JJVoon·2022-10-03[Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser] [Miser]1Report
- luckyone·2022-10-03patiently waiting for the bottom and next bull run ☺️1Report
- agnis chye·2022-10-03not only patience but also control your emotions, know how to manage your emotions.2Report
- DannDann·2022-10-03Excellent good share 👍🏻👍2Report
- west峰回路转·2022-10-03和法拉第一样,要有耐心2Report