...looks like a crazy bat market, with huge intraday volatility. Does not feel right underneath. But each time, comes out better at the end of the day. So I am guessing a lot of denial still.
At times of uncertainty, I find it useful to pull up a simple chart of the S&P 500 and ask myself: do I want to be long or short this chart? Different people will come up with different answers, but for me the chart below suggests “long.” We have a rising uptrend line and a market that just swung from well-above it to well-below. We are now at that line, which suggests that the market has found its balance. https://x.com/TimmerFidelity/status/1920148872690532867
