USVM - Investing Is The Priority Now I See Trades In Apple And Others
2024-03-31 21:54:42 ET
Summary
- Investing in small caps and various sectors still offers opportunities, but caution is advised due to the potential for a market reset.
- The current economic environment is favorable for stocks, with the Fed indicating no rush to cut rates.
- Tech stocks like Apple, Snowflake, Dell, and DraftKings present trading opportunities, with positive chart patterns and potential catalysts.
I still see investing as the priority, as small caps from the Russell to large-cap industrial stocks have been strong of late, and there are all kinds of sectors from health, to housing, to aviation that offer stellar opportunities to invest. Just please do it bit by bit, be very conscious about dollar cost averaging over several months. At some point, we are going to have to have some kind of reset. Perhaps we need to have some manic “hand over fist” buying, don’t get caught up in that, as fun as it seems to be at first. There is quite a hangover when the party is over. Adding to positions slowly will help you weather the storm and if you do it right you’ll have funds available when good stocks go on sale....
Investing Is The Priority, Now I See Trades In Apple, And Others