'WALLSTREET EXPERTS' is an oxymoron. No such thing exists they are clueless even more than the average investor. Thier conviction makes them even worse stock pickers because noone truly knows if a stock is going up or down. Those that think they do get fleeced worst. Randomness!
It’s profit taking rallied around COVID-19 vaccine news/hype. Manufacturing is still nonexistent, airlines, oil. Unemployment is enormous, so finance too. Tech will continue to buoy the market probably through the next year. This week will be gang busters for IBM TSLA AMZN NFLX.
Lull before the storm. It's comical how much time investors spend on balancing. It was quite simple. Buy everything at dip, then increase in tech, biotech, then sell off once they reach close to 5-10% of highs. Then wait and buy the dip again. Less work, better gains.
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Source: BusinessInsider - 🏆 729. / 51 Read more »