To The Moon

With China seemingly willing to ease on COVID -19 measures and the economy slowing down (which then translates to inflation possibly being tamed), there is a chance that stocks will rally in the new year. Of course, given the volatily of this year, I think it is best that we take nothing for granted.

I am beginning to see that while things look positive in the long run, each time I purchase stocks must be done with caution. This means waiting patiently for a good entry price and never just jumping in. We have seen several rallies recently, especially in $TENCENT(00700)$ , $NIO Inc.(NIO)$ (in my watch list) and things look generally positive. However, this looks to me like a relief rally after apprehension and anticipation (waiting for fed minutes, CPI, etc). 

Are things really changing? I suppose the next few weeks can show something and may finally show a pivot. We should continue to remain vested although I have a feeling that the attractive bank rates out there have some investors moving their funds to banks instead of having to deal with the volatility of the stock market.

While I am generally bullish, I also wonder about the future (near future) of tech stocks. $Tesla Motors(TSLA)$ currently is at one of its lowest and so is $Alphabet(GOOG)$ /$Alphabet(GOOGL)$ . Tech stocks have lost their lustre because of the rising cost of resources and I think this may continue in the next year. But I shouldn't be surprised if there is suddenly a rally (there's my cautiousness speaking). Other than that, I think financials may continue to benefit and that's where most of my funds will lie.

How about yours?

@TigerStars  @CaptainTiger  @MillionaireTiger