I don’t know whether to press the buy button or wait out… The technicals are showing that the S&P wants to continue its rally. However, the fundamentals suck.
It’s amazing how traders are pumping this market up. One of the fund managers says that the recent rally has been brought up by flash trades. Every uptick was met with more individuals and retails getting out of equities. Traders continue to flash trade it up.
All of you who are riding this rally – congrats.
I will join you when the market corrects.
The next correction will be an extremely good point to buy stocks.
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