The stock market has been on a great run since the start of the year, despite some pullbacks here and there.
This rally is set against the backdrop of earnings recession, bank failures, high interest rate, sticky inflation, debt ceiling drama, geopolitical issues, and of course, the ongoing war.
VIX has been beaten down throughout the year so far.
Mr Market, you’re simply amazing!
Shuseido : I missed the bottom!
Cow Moo-ney OP Shuseido : DCA, DCA! Haha. Honestly I didn’t expect this week’s tech rally
Shuseido Cow Moo-ney OP : DCA is so simple yet so hard to execute! hahaha...
Cow Moo-ney OP Shuseido : Tell me about it. I am guilty of it too haha. This year I haven’t been deploying much of my cash - only bought TSLA & Meta. And yeah, I increased my stake on Meta (think we discussed about Meta 1 year ago). Time flies haha
Shuseido Cow Moo-ney OP : Ya. I offloaded 1/3 at 240... Tot will retrace after such massive run to re-load.. but it keeps running..
Cow Moo-ney OP Shuseido : Hard to time the market
bubbleberrygum Shuseido : haha what happened to recession fears though! @Cow Moo-ney
Cow Moo-ney OP bubbleberrygum : Everyone is expecting it, so nothing to fear about
特斯拉特斯拉 Shuseido : There will be another chance, Lol
MoneyComesMoneyStays : There is no earnings recession, banks are always failing, high interest rate and sticky inflation yes, typical made-up debt ceiling drama by the banana republicans (you can set your watch by it when a Democrat is in the White House otherwise they rubber stamp it), and there's always geopolitical issues and war.
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