Key insights
- The author expresses concern about the current market rally, describing it as a 'house of cards' despite stocks reaching new all-time highs. They note erratic price swings and question strategies for entering, holding, or waiting for a correction. The author, a newer investor, shares initial positions in MU, NVDA, and MSFT, seeking insights on market navigation amidst perceived high valuations and volatility.
Right now feels like a house of cards that is about to topple. A rally that started in the midst of a fresh war has gone on far longer that imagined. While stocks break ATHs repeatedly in a short span of time, prices are swinging erratically. How are you guys making sense of it all? Who are those that are entering/adding positions, how are you managing to do so in this super hot market? Those that are in winning positions, are you taking profit or will you hold to the end? And those that are still waiting on the sidelines for a correction like I am, how do you feel about the current events? What would be your trigger to finally enter?
edit: for abit of self-sharing, I only started a year ago, and would love to know and learn how everyone thinks. I opened a small position in MU/NVDA/MSFT at the start of this year, also my first time investing in US equities