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Re: wadegarret post# 113648

Wednesday, 06/12/2024 6:40:17 PM

Wednesday, June 12, 2024 6:40:17 PM

Post# of 115311
Wade, since june started, it feels very narrow the rally. My portfolio can't get out of it's own way I think less than 22% of my positions in my portfolio were up today, that is hard to do with a market up so big. My portfolio has been down 7/8 days since the start of June. And the VMIR is down in the month of june as well. The end results is this constant run to these big cap tech/AI stock continue again and again, and when it gets extreme it often sucks the energy out of the whole market not named these stocks, and alot of stocks radically underperform. I'm having a hard time buying anything with a broader markets at all time highs, but I normally don't find anything to buy under that scenario, and I see numerous opportunities the problem is those opportunities often are more attractive tomorrow despite the market making new highs, and at some point this overheated market who has RSI of 72 and 76 for the 500 and Nas respectivetely is going to cool off, now it cool off with those non tech stocks outperforming the market, or they could continue to go down. time will tell. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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