Greed in play : The magnificent seven

 

11.30am : second post of the day as I hv just 'settled down'. Thinking of the GREED in US which only concentrated in few stocks 

The MAGNIFICENT SEVEN!! .

The meter showing extreme greed in play (so, short US indices). 

there ... the Magnificent SEVEN ... which are carrying the US indices up, due to the A.I stories?

what are those stocks in the group?

Here ... a chart to show it all. Will show each and every charts of these when I m free and could find the momentum to write/blog. 

Currently ... I was thinking ... is the A.I stories over ... or at the very beginning? I would choose the latter. 

For that, if these stocks are to correct next week or so, in JUNE-SEPT ... it is buy the dip!! Then, ride on the trend ... into bubble and euphoric sphere ... to the moon!!

With FED meeting next week in place, everyone is kinda expect a pause ... now they are mentioning SKIP haha ... slight different terms here ..it just means, skip the hike in June , possible of hiking next month or so. 

Pause vs Skip ?

Reduce positions or just prepare to ADD more if there is a dip from June-Sept. 

note : These stocks ..the SEVEN ... are over-valued. the hype!

Good luck holding to stocks. Watch ..

TEH