Trend is still upward, but… • Skepticism remains • A major rotation (correction) within a few months wouldn’t be surprising. • Bubble like stocks and those no longer rising despite good news are emerging. • Focus on fewer stocks, prefer large caps and ETFs with slower moves. • Strong stocks tend to hold. • Take profits on stocks that stop rising even after good earnings, watch ALAB, HOOD, PLTR. • Not 100% in stocks and raise cash position. • Distinguish between long-term and short-term trade positions.
Why do so many people try to buy stocks only they know about? The stock market is like a beauty contest just keep chasing the ones everyone thinks are beautiful.