As we step into earnings season, we see that NFLX initially was rallying until earnings which dropped. We observe that high-risk stocks are coming back (LCID, OPEN) We observe that the market is near all-time high but momentum is slowing down In other words, we are waiting for a trigger for a pullback. There are a few possibilities: 1. Fed Jul 30 speech (most likely) 2. Big tech earnings 3. July close - as August is historically a slower month 4. Tariffs - August 1 While you can continue to stay in the market through S&P500 SPY, I wouldn't recommend using any leveraged positions for now. Hold a good amount of cash Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In July, my goal is to help 5 people without a financial background to master investing through Investing Accelerator. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals. Here's a step by step guide on how to join Investing Accelerator for free: https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve. If you have any questions about the program, you can ask during the call as well.

Following the channel created in the last month, SP500 can reach 6000 today, Friday. Next week we might have a double top at ~6120 SP500. A month ago I was expecting these level at end of May- beginning of June. Market moved too fast and too much. I will need to review my plan for the next month or so.

Today, my order for PEP at $134.5 was executed and now I hold 25 shares of PEP. If continues to drop I will double up at ~$130. As I mentioned before, these days if I buy long term, for any position in high volatility stock I will buy something more defensive with a good dividend. Anybody else looking to PEP? Just to add, today seems that hit one of highest dividend yield in history.

Anyone following Ray Dalio? If so, can you share your experiences?