A key turning point in the stock market may be next week. US stocks saw a very interesting movement on Friday. Oil prices rose, but oil company stocks fell. The VIX also fell, showing a divergence. One of the oil price and stock price is deceiving us! My personal trading is almost entirely passive. I currently hold only about 10% of my portfolio in strong positions, plus 90% in cash. It's easy to see which positions are strong. If you don't understand, just keep your positions light. Anyway, it's unlikely I'll replicate last year's phenomenal performance this year. I'll accept it and take it slow.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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