This is a very interesting time to be in the market. Over the last few years everyone has been making money regardless of what they buy due to huge cash inflows into stocks. Pretty boring right? Well in the last month we have seen, in my opinion, a big change there, as all stocks are seeing outflows on a more or less equal basis, though obviously some higher leverage stocks have seen bigger drops. My experience in August was not like this, some may disagree on that. Also the US stock market seems to be acting as a proxy for the casino-like Chinese stock market and oil markets. I've been liquidating my lower conviction positions and moving into a few core positions.
Everything here is only an opinion and should be taken as seriously as any other opinion you read on the internet.
