Decrease positions
The stock market rose in this wave, and QQQ was close to an all-time high. I don't have a major stake in technology stocks, so I think I'm out of trouble. But it doesn't matter; the stocks I hold have also risen quite well, including:
With the exception of TRV above, I reduced my positions today.
Currently, $The Health Care Select Sector SPDR® Fund(XLV.US$ It's also pretty cheap, and I keep holding it.
With the current monetary policy and economic environment, everyone understands whether QQQ can last at such a high level. So, even as a band, I'm unwilling to participate in this kind of pursuit that is seriously detached from fundamentals.
Finally, let's talk about TLT. My bond account is back in the early 87's, and I've bought a lot many times $iShares 20+ Year Treasury Bond ETF(TLT.US$ It has now clearly come out of the bottom. I was blocked at the gap today. If it falls back, I may continue to increase my position.
It's been quite busy recently, so there haven't been many updates. I actually didn't do anything, so I reduced my position until today. In addition to clearing, I have also cleared my bottom position in technology stocks. Looking at the inflated stock price in the account, I don't think it's interesting. No matter how much it rises, I'm not flustered; it's better to be safe by falling into a bag.
Happy Thanksgiving everyone!
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