2024-05-26 23:13:15 ET
Summary
- Thursday's sell-off in the market was unexpected and commentators put forth various potential causes, including manufacturing growth, with higher input costs and higher interest rates.
- The sell-off did not indicate a fundamental issue and may have been influenced by market-centric causes.
- I'm staying long (holding bullish positions) and being liquid (holding cash) in order to take advantage of potential buying opportunities during the summer.
A Rogue Wave? What's that?
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For further details see:
Thursday's Dive Was Just A Rogue Wave, Stay Long But Liquid