My Portfolio Stats - Market Update 12/8/2024
• going through my portfolio performance in detail, seeing positive signs in my RR trend, steady losses, but large gains recently
• consumer discretionary and retail are extremely strong. could be a signal for a continued bull market, didn't mention in the video but last week's economic data shows continued strength in consumer spending and increase in wages, while inflation is under control
• rate cuts will likely continue, which support continued strength in bonds as well as cyclical stocks
• overall still bullish long term, but the decreasing breadth and divergence in large cap vs small cap performance + extended indexes tell me that we might be due for a short term pullback.
• only 49% invested as I've been selling off laggards, likely going to get stopped out of more stocks as we correct
• consumer discretionary and retail are extremely strong. could be a signal for a continued bull market, didn't mention in the video but last week's economic data shows continued strength in consumer spending and increase in wages, while inflation is under control
• rate cuts will likely continue, which support continued strength in bonds as well as cyclical stocks
• overall still bullish long term, but the decreasing breadth and divergence in large cap vs small cap performance + extended indexes tell me that we might be due for a short term pullback.
• only 49% invested as I've been selling off laggards, likely going to get stopped out of more stocks as we correct
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.