To The Moon

What's go up must come down! Simple law of Physics. No more blame game here. Trump's tariff threat has been there even before he wins the election last November. Every Americans who voted for him knows that. They voted for him despite that... I don't know how you interpret that. The market doesn't seem to believe his threat until it happens. Just kind of strange... Or perhaps a sign of complacent. The good times since COVID has been too long that people forget those pains decade old. Subprime crisis is just a bedtime story of a distant past for the newcomers post-COVID.  Perhaps even a myth... 

The market has been climbing highs after highs. Valuation has been thrown out of the window. Growth stocks and mainly the so-called Magnificent 7 led the charge. It's like the Christmas coming over and over again, day after day, week after week. Is the party 🎉🥳 sustainable? I would imagine not... Not surprising, well before black Friday, the same magnificent 7 have been leading the way down. Trust me, we are not there yet... 

Oh no... The party 🥳 🎉 is not ending. At least not yet. This is not how every big party ends... Every big celebration ends with some kind of flourish. This won't be any different. Is it then time to go bottom fishing 🎣🦦. It appears from the past few years that there's always a higher high after a correction... A super bounce to speak... I am not calling the top and I won't call a bottom as well. The last thing we want is to catch a falling 🔪🗡️ as I mentioned in another article. Bounce up this will happen, but is this going to be a dead 😺 bounce or another flourish on the horizon? The chart doesn't look too bright at the moment. Have a look at the indices... Nasdaq hits the uptrend line and corrected. Dow and S&P are not even close... But it's still not the end.

What we want is to protect ourselves as much as possible and ride the 🌊. Remember Warren Buffett famous saying... We don't want to be found swimming naked when the tide goes out... [Tongue]  [Chuckle]  [OMG]  [Silence]  

How to ride the 🌊? Keep some dry powder (cash), get into gold and silver miners whenever the price favours... (You can read some articles from both @Barcode and me if you have no idea what miners to look for. Not all miners are created the same and safety is of paramount.) Park some cash in strong companies that are not too affected by recession, if there's one coming. Don't rush out with your risky bets...

Finally, sorry Donald... You are not the main act here... You are in fact just a tool for something that is bound to happen anyway... The market has used you... You hear that loud and clear? You are not what you think you are... you are but a mere tool for the market... It is true. Truth can sometimes be upsetting... [Evil]  [Silence]  [NosePick]  [Spurting]  

Thanks @Barcode for another tag. 

@CaptainTiger  @TigerStars  @Tiger_comments