You won't hear any arguments from me, these markets we find ourselves in are not investable (in the traditional sense), they are tradable though....
I have sold more positions/partial positions this month than I ever have in any given month before....and the month is not over yet! Mostly due to over-valuation/extreme over-valuation. Longer-term, I really like most of the companies....tough decisions...Hopefully I can rebuy shares again someday.
I chose to sell ROOT, PRTS, MSEX (even water a utility) and IRBT....it appears they were all on the list that the WSB gang-bangers were manipulating/running up....
Still lining up/tracking + buying some of these undervalued (IMO) guys, stuff like: ACOPY / ATM.NZ, SML.NZ, URW.AX, TGS.OL / TGSGY, SHV.AX / SHVTF, SIGN.SW, CINR, NOA.TO, SRG.MI / SNMRY, FLOW.AS and HAFC.
My WAG, still plenty of money looking for a home.... NFCI
NFCI 1/27/21 Index
NFCI 1/22/21 Data
Longer-term NFCI
Longer-term ANFCI
Have a good one! |
