Just took profit after today’s insane session. Maybe the market keeps ripping and maybe I miss out on more gains, but honestly I’m okay with that. Not calling for a crash or anything dramatic, I just think people are getting way too comfortable taking crazy risk right now.
We all feels the same way that if a company mentions AI, semis, data centers, power infrastructure, cooling, or anything remotely tied to the AI buildout, the stock instantly moons. Meanwhile most other sectors have either been flat or dead for months/ year. The charts don’t lie. Outside of AI/tech related names, a lot of stuff like consumer / retail/ healthcare / etc.. looks cooked or dead
Seeing way more people yoloing into call options, chasing momentum, and suddenly acting like every dip is guaranteed free money.
Personally I’d rather lock in gains than get greedy chasing the last leg higher. I already beat the index by around 3x this year thanks to of course "AI and semiconductor name" , so I’m happy building up a nice cash position and rotating some money into more defensive and energy names. Maybe the market keeps running , who knows. But when everyone starts believing something only goes up, that’s usually when risk is higher than people think.
Don't catch a falling knife in bear market, but also don't climb too high in a 1 sector bull market either
Reminder to take profit on Semiconductors and tech stock as FOMO and Euphoria are getting real
byu/DishAffectionate2731 inStockMarket
Posted by DishAffectionate2731
5 Comments
Why I liquidated today. Mondays tend to be favorable Black Monday events and Iran supposedly caved yet their actions say otherwise.
No. It can drop 30% and we are still up for the past 2 months.
AI isn’t going away and if you haven’t figured it out that’s on you.
I rotated out of tech and into value today
Happy with my gains
Not gonna be too greedy this time
Yikes 😬
Even Berkshire Hathaway (BRK.B) at their annual meeting last week mentioned AI integration into their businesses
Their trucking business is going driverless