RDPD富爸穷爸
2022-11-08

Base on midterm polls, Republican are favourite to win both Senate and House which means they are likely in control of Congress. Historically stock market tend to perform better under a split government so we shall see if history can repeat.

https://www.usatoday.com/story/money/business/2022/11/06/stock-market-outlook-midterm-election/10606588002/

While I'm hopeful of the traditional xmas rally, we should not discount the Jerome Powell's factor. If JP decides to open his mouth again to 'push down' the market, it means I get more time to accumulate more shares of my favourite companies. Either way bullish or bearish I have my plan to get around it.

As for DWAC, their financial metrics are bad. It's not a business I would like to own for long term, probably more for short term trading.

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Comments

  • MHh
    2022-11-14
    MHh
    The longer the bull the better to accumulate cash to buy haha
    • RDPD富爸穷爸
      Yes, I build my cash positions to buy businesses during bear market
  • HarryCox
    2022-11-09
    HarryCox
    也期待圣诞集会。但这是否意味着会先有一个大的下降??
    • RDPD富爸穷爸
      标普500指数从峰值到谷底已经下跌了27.5%。除非你预计会有更严重的衰退....
  • luckyone
    2022-11-08
    luckyone
    time to accumulate?...
    • RDPD富爸穷爸
      Depending on your investment time horizon and risk appetite. For me, I just keep adding more shares of my favourite companies
  • WernerBilly
    2022-11-09
    WernerBilly
    Btw, really think the marker will drop soon.
  • HelenJanet
    2022-11-09
    HelenJanet
    Thanks for sharing 👍👍
  • AnthonyC
    2022-11-08
    AnthonyC
    Thanks for sharing
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