Goldman Sachs has been advising their clients to pile in for what has been the largest historical two week rally of the year.
I have a different view. Successful trading is about exploiting the market. If it’s a strong bull market - even if it’s a bubble, manipulated by the FED or whatever conspiracy theory is on the menu - then exploit it by going with the flow. I’ve seen many who may have brains over the years who fight the market and ultimately are wrong. That said, I do «hate» some of the buy and hold people who profited over the last decade when it really wouldn’t have mattered what they bought as everything have gone up. And they act like they’re a genius. Personally, I’d love a prolonged bear market, but does not seem like it’s happening anytime soon.
Not that I care for the buy & hold crowd myself, but you gotta give them some respect. Even though they might not have known the market would go up as much as it did since 2009, they stayed put and rode the wave all the way up, while the pussies like us fled at the first sign of reversal. Yeah, I know what you will say, so don't bother replying.