To start with, apologies for the hiatus in posting new market outlook on my weblog. I’ve been extraordinarily busy for the previous three months. My shoppers can attest to how busy I’ve been. I’ve been sending out my market views and information even on weekends and on public holidays.
On the subject of my earlier writeup revealed on 26 Feb 2023 (click on HERE), I discussed that I deliberate to pare positions in order that I can accumulate on weak spot. Looking back, it was a well timed name. I used to be lucky that I’ve pared my positions in order that I’ve the power to build up amid the stoop in our markets in March amid the U.S regional financial institution disaster. I’ve since traded out and in a number of occasions since then.
Nasdaq and S&P500 have hit the very best since Apr 2022 and Aug 2022 with year-to-date (“YTD”) positive aspects of