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Sunday, February 08, 2026

Correction Over?

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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This is not financial, stock, nor investment advice. Please consult a professional advisor.

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