πππOne word to describe the market this week: TEMPERAMENTAL. It is moody like a teenager & unpredictable as a storm.
One minute I am riding the high of $Alphabet(GOOGL)$ TurboQuant - the efficiency magic that claims to shrink AI memory needs by 6x , making it dump memory stocks like $Micron Technology(MU)$ .
The next moment there is disappointment that the TACO strategy did not deliver the "chicken out" we were promised.
It is also a week where $SPDR Gold ETF(GLD)$ acts like it has forgotten how to be a safe asset and Oil swings like a yoyo to over USD 110.
When the market gets too volatile, I look to $Schwab US Broad Market ETF(SCHB)$ . With a low expense ratio of 0.03% and exposure to 2500 stocks from large cap, mid cap to small cap, it is my diversification play. It captures the upside of the AI boom while cushioning the shock from specific sector tantrums.
Let's chill & hope next week is better.
@Daily_Discussion @TigerStars @Tiger_comments @TigerClub
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