Well, the buyers are back and the QQQ’s are clearly leading the way. With tech moving and cloud names just launching like a Space X rocket ship these days, if you weren’t in near the start it is too late. That is the problem now, but a very good problem to have. The COMP leading the way only helps push the markets up higher and faster. Greater rewards in a shorter amount of time. Yet, we still have the tariff news to deal with. Any tweet can send the markets back down or did everyone forgot the month of May already. Yes, the FOMC is giving guidance to a potential rate cut and the markets are trading like we are in a ZIRP environment. However, we are not adopting a ZIRP policy and we still have a trade war going on. Don’t chase after the names, be patient for the opportunity. It will be coming soon enough.
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