Circled points are the support levels that were good entry points. It takes some guts and conviction to stay vested during pull-backs in an uptrend.
Any price of a good investment opportunity can look expensive when retraced backward and look cheap when extrapolated forward.
So we need to be forward looking.
Has the covid peaked? Is this the start of another bullish trend for stocks (due to cheap money) or just a dead cat bounce (as covid lockdowns impact earnings moving forward)?
Only time can tell.
We are navigating murky water again now.
YTD P/L. A bit bloody initially.
--- It...
