To The Moon

“Capricious” would be an apt description of the current market. i guess most tiger friends would agree that changes in the market sentiments can be drastic and often take you by surprise (or shock for those entered new positions at its recent high). 

Not too long ago, the market sentiments was bullish as the indices bounced off rapidly from its low. However, the stubbornly strong economic data coupled with recent hawkish Fed remarks just triggered a sell-off for most stocks with tech taking the biggest hit.

Sell-offs can be daunting as you see your portfolio dives into the red or your profits getting eroded rapidly. However, it is imperative that one does not panic sell. Most retail investors end up losing money because they buy high and sell low (instead of the reverse). 

As Warren Buffet opines, be greedy when others are fearful. Fear-inducing events that triggered a sell-off can lead to good investment opportunities for fundamentally strong companies such as $Microsoft(MSFT)$ , $Adobe(ADBE)$ ,$Visa(V)$ . One must remember that the short-term price movements do not correspond to a company's long-term fundamentals. 

One can look for the next key level to dollar cost average instead of triggering that panic sell button. Going against the prevailing market trends is contrarian investment style which may appear counter intuitive but it will certainly reward those who are patient to reap the long-term rewards.

Stay strong and all the best! 

@TigerStars @CaptainTiger @Tiger_chat @MillionaireTiger @TigerEvents