Not out of the woods yet
We had a nice rally for the first 3 weeks of 2023.
But some words of caution - at times, bear market rallies can be so convincing that you thought we are at the start of a bull run.
My take: we are not out of the woods yet. For the last few weeks, it could be shorts covering, could be FOMO buyers stepping in, could be hopeful investors going risk-on mode again or…I could be wrong.
But some words of caution - at times, bear market rallies can be so convincing that you thought we are at the start of a bull run.
My take: we are not out of the woods yet. For the last few weeks, it could be shorts covering, could be FOMO buyers stepping in, could be hopeful investors going risk-on mode again or…I could be wrong.
From YouTube
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Successful investing is about managing risk, not avoiding it. DYODD
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