Ombow, With the breakout and momentum in the semi sector, you might get a good run as long as the overall market remains bouyant. Fwiw I'll be watching for problems in the stock market associated with the Trump-Kim Jong meeting in May.
It's increasingly tough to be long stocks after 9 straight up years, combined with a deteriorating world situation (N Korea) and the Fed's raising of interest rates and simultaneous QT/quantitative tightening. Years of zero % interest rates and QE were what re-inflated the stock market, so what happens as the Fed removes the punch bowl? That's basically what they've done.
The big corporate tax cut plus the new deficit spending by the US government will help counterbalance the Fed tightening and QT, but the Fed is definitely operating in uncharted waters.
The Fed is desperate to normalize interest rates and their own bloated balance sheet before the next recession/financial crisis hits, but as Rickards points out, the tightening and QT actions may themselves trigger the problems the Fed is trying to avoid.
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