Vacation & Semiconductors are moving the market but the rest is lagging

Eric Seto

23d • General discussion

The best time to go on vacation is when the market is bullish

Currently, spending some time enjoying Fukuoka strawberries and sunshine.

What is really driving the market?

The rest of the market including Visa, Mastercard, Costco etc - are mainly flat

The key movers are semiconducor stocks - NVDA MU AMD SNDK GOOGL

Those stocks alone are bringing S&P 500 up

This is why I don't think we are at a top yet.

The rest of the market should be going up in the next month or two with slower momentum as "catch up"

So our strategy is still to hold onto the long term portfolio for as long as the market is bullish

Cheers,

Eric

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Eric Seto

Chartered Professional Accountant (CPA)

Chartered Investment Manager (CIM)

Founder of 5MinInvesting.com

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