Record Rally
S&P500 closed at record high for a total of 31 times this year. We still have half a year to go, just how high can this stock market go?
The interesting thing is that, as stocks continued to climb higher, Wall Street analysts have been scrambling to revise and increase their year-end forecast for the S&P 500.
This is an evidence that no one can accurately predict the market direction. All we can do is to go with the marker flow.
From YouTube
$Morgan Stanley (MS.US)$ $Bank of America (BAC.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Intel (INTC.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Spdr S&P Bank Etf (KBE.US)$ $SPDR Gold ETF (GLD.US)$ $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ $NASDAQ 100 Index (.NDX.US)$ $SentinelOne (S.US)$ $Rivian Automotive (RIVN.US)$ $DiDi Global Inc (DIDIY.US)$ $Futu Holdings Ltd (FUTU.US)$ $ARK Innovation ETF (ARKK.US)$ $Logitech International (LOGI.US)$
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Successful investing is about managing risk, not avoiding it. DYODD
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Avengers 2023 : Yes always follow the market flow