- I believe most US equities have topped out for this phase. "What phase we have entered?" is the question investors are asking.
- I believe we have entered a downward slope with periodic upward trading opportunities. (57% of NYSE stocks and 61% of NASDAQ stocks fell last week.) Hardest hit were growth funds.
- Instead of focusing on trading opportunities, I am focused on the likely investment opportunities in the subsequent rise in the market after the valley. To get there, we will have to deal with expected problems: Ukraine, inflation, and long COVID.
For further details see:
We Are Progressing - Weekly Blog # 721