Originally Posted by lewdog:
And this is why market timing seldom works. If you believed the fear, you sold at lows and staying in cash caused you to miss out on the past 6 months of gains.
Yeah, it's amazing. No one had the first half of this year being great.
This is expected to be the 3rd consecutive qtr of S&P earnings recession too. It's mostly energy dragging down what'd be a flat quarter otherwise.
Consumer discretionary is expected to be the best quarter at +27% yoy growth. If you take out just Amazon, it goes down to 6% for the whole rest of the group. The size of those big companies has become unreal. The NASDAQ 100 is supposed to rebalance today to lower the big tech companies weightings. [Reply]
The only downside is that buy and hold is not a great strategy for stocks that go down every year, and I haven't figured out how to identify the risers and fallers ahead of time. [Reply]
Originally Posted by ChiliConCarnage:
Yeah, it's amazing. No one had the first half of this year being great.
This is expected to be the 3rd consecutive qtr of S&P earnings recession too. It's mostly energy dragging down what'd be a flat quarter otherwise.
Consumer discretionary is expected to be the best quarter at +27% yoy growth. If you take out just Amazon, it goes down to 6% for the whole rest of the group. The size of those big companies has become unreal. The NASDAQ 100 is supposed to rebalance today to lower the big tech companies weightings.
Yeah QQQ was down like a motherfucker but it’s led the way up. [Reply]
Originally Posted by lewdog:
Totaled my return of all my investment accounts from the December 2022 bottom.
Up 27% since then and highest my portfolio has every been.
Let’s go!!!!
So have you reentered the market on some of your accounts that you were holding off on the past year or two?
Sold off a few stocks in the past week that I will be looking to reinvest. RCEL, WEAV, & ARAY have been on my watchlist, but struggling to pull the trigger on anything right now. [Reply]
Originally Posted by myselff77:
So have you reentered the market on some of your accounts that you were holding off on the past year or two?
Sold off a few stocks in the past week that I will be looking to reinvest. RCEL, WEAV, & ARAY have been on my watchlist, but struggling to pull the trigger on anything right now.
The only account I hold off on during down markets is my trading account, where I won't trade for months at a time. My trading account is only 10% of my total portfolio, though. The rest is dollar cost averaged into mostly ETFs and index funds between a 401k and ROTH IRA. [Reply]
Originally Posted by myselff77:
Sold off a few stocks in the past week that I will be looking to reinvest. RCEL, WEAV, & ARAY have been on my watchlist, but struggling to pull the trigger on anything right now.
Went with WEAV and sold off half the position today.
ACHR is the other one I've been watching the past two weeks, but hesitant to pull the trigger on. Waited too long on that. Maybe I'll go in on a pullback.
Anything interesting on anyone's watch list? [Reply]