To The Moon

I was thrilled to read about the Nasdaq Composite $NASDAQ(.IXIC)$  Index breaking above 21,000 for the first time in history. It's a significant milestone for the tech-heavy index, and it comes alongside a strong rally in U.S. stocks, with both the S&P 500 $S&P 500(.SPX)$   and Nasdaq reaching all-time intraday highs. This kind of momentum is exciting to witness, especially given the current market climate.

The idea of a new bull run is definitely on my mind after seeing this surge. However, I prefer a steady uptrend with healthy pullbacks over a rapid climb. A more gradual rise with occasional corrections allows for a longer, more sustainable bull market, which aligns with my investment philosophy. I'm cautious about getting too carried away by the hype.

The question of whether investors should exercise caution amid stretched valuations or see this as the beginning of a renewed bull market is something I'm pondering. With valuations appearing stretched, a healthy pullback could be just what the market needs to reset and build a stronger foundation for future growth. I'd rather see stability than a bubble that might burst.

I'm encouraged by the strong performance of tech stocks driving the Nasdaq, but I also know that overextension can lead to volatility. A steady uptrend with periodic dips would give me more confidence to hold my positions long-term. It's a balancing act, and I'm keeping a close eye on how things unfold in the coming weeks.

Right now, I'm leaning toward the view that this could be the start of a renewed bull market, but only if it settles into a more measured pace. The current rally is impressive, but I'd feel more comfortable if it included some healthy pullbacks to weed out speculative excess. That kind of pattern has historically supported longer runs.

I plan to review the market's performance over the next few days. I want to see if the Nasdaq can maintain its gains without overheating. A steady uptrend with pullbacks would reassure me that this bull run has legs, and I'll adjust my strategy accordingly.

For now, I'm optimistic but cautious. I'll continue to monitor the market closely, hoping for that ideal scenario of a steady climb with healthy corrections. If the trend holds with some natural pauses, I'll be more inclined to ride this bull market for the long haul.

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.

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