It looks the correction of February 2-5. 2026 may be over😎 The stock market apparently only goes in one direction, UP. However, that isn't true for individual stocks, some of which are down over 50% from their 52 week high: e.g. HUBS, TEAM, and NOW. For fun, I am trading small positions on these stocks hoping to make some short term profits. As the market (hopefully) rebounds, I will be scaling out of these positions at profits targeting 15% or more.
I think the best approach to buying the dip may be to buy the market index funds and I started buying last week. The two I am purchasing are VOO (S&P 500) and MGK (Large Cap Growth). I plan to continue scaling into these to ETFs over the next week or more, as the market recovers from the dip.
Disclosure: I bought HUBS, TEAM, NOW, VOO, and MGK last week.
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