Now Is Not The Time To Give Into Emotions And Chase The Stock Market Rally

June 29, 2023

We've got a perfect example right now of what most people do and I've had a few people already ask me shouldn't we be in the Fang stocks or the QQQ and the the answer is you don't want to chase these markets that are mature and stretched to the upside. That doesn't mean that there couldn't be a little more upside but you're playing musical chairs and if if the music stops and you didn't get out in time you risk getting caught in a correction or even a mini crash, and the stock market, I think, is probably setting up for some kind of a a mini crash between now and September.

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The 1849 Gold Rush sped up California's admission to the Union as the 31st state in that year.
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