1st week of May: Days are closing in terms of my move to Austin Texas and I am getting anxious by the day! Markets were down quite a bit in the past week, esp IEP, after Hindenburg released a bearish report on Ichan enterprise. But Apple earnings bouyed the markets a bit and we saw a significant rebound on last day of the week. Looking closely.. my portfolio seems to be mimicking gyrations in SP500 quite closely.. As long as markets are going up I don't mind but I hope on the downturn esp large drawdowns, I will be protected!
3rd Week of May: Time is flying for sure! We are already in the middle of the month. Market volatility continues though tech seems to be bouncing back quite nicely. I sold off my Meta stocks a bit too prematurely and it seems so was the case with my Amzn stocks. I am sitting on quite a bit of cash currently in anticipation of some bargains to emerge! Unfortunately for me, I am at full allocation for quite a few bargains that are present in the markets! |