The stock market is on an unbelievable winning streak. Despite my skepticism, who am I to dispute the results. So I am moving from a bias to sell to a bias to hold. No buying yet. I still think there will be a time in the future to buy at lower price.
I expect there will be a pullback correction in the next few months, given the uncertainty of COVID-19 spread and the impact of a Biden Presidency. I expect to put some additional funds into stocks at that time.
Until then, I will patiently wait for the pullback, though I am itching to buy into this rally.
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This is not financial nor investment advice. Please consult a professional advisor.
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Money Mondays: 17 May, 2021
10 hours ago
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