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"The 11% gain in the past three weeks is faster than usual. The rate cannot be maintained."
"We feel the fundamentals are still decent or favorable. Many issues could be resolved before people realize. The inflation is not high, which could give Fed room to wiggle. Trade dispute could be eased in the last minute if the president wants to negotiate. Economy will not be in recession in 2019... We are still holding tight at this moment and watch."
"Even we grow more than 10% so far this year and market may adjust some, we do not see the risk similar to what we had in Jan 2018."
"Pattern of panic selling is pretty clear. While very painful, it is going to be relatively short term comparing to previous bear markets."
"Most investors are confused with the market, continued higher trend with terrible fundamentals. We are as well. While we worried about the worst unemployement rate since the Great Depression, more stimulus talk last week matters much more. Incremental news drives the market! Valuation could be off for long time, such as in 1998 US market and Japan market before its lost ten years. Listen to the Market. Market never listens to us."
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