Headlines in CNBC, BBG, etc : market going down after inflation fear.
As a trader / investor you should always have the big picture in mind. What is the big picture ?
We are reopening and the Fed and other CBs are behind us for the long side.
For those people that forget very quickly what they ate yesterday : we had twice 10% pullback on equities on the 2nd wave fear and the pre elections. I you have here in the screenshot what a 10% dip would be like.
PUT THINGS IN PERSPECTIVE, ZOOM OUT ! We have been trading up since an eternity now, a pullback is always healthy in this context to get into longs.
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