- Last week's spike and crash has been misinterpreted. The move was due to technical factors and not some deeper meaning. Sometimes a cigar is just a cigar.
- I make a case for the market fully discounting the interest rate adjustment.
- It's likely Powell's efforts will slow the economy, albeit to just above the last decade's average of 2%.
- I am going to get more aggressive and buy fuller positions. I'm going to focus on the Big-Cap Tech names.
- If you wait for the consensus that the market bottomed, you will miss half the alpha.
For further details see:
Despite Friday's Swoon, We're At A Bottom; Buy These Beaten Down Big Cap Tech Stocks