US stock market remains best idea going forward....

 US stock market remains a great place to be going forward.

Reasons are many BUT most important IS that we have pulled back from highs lately.

Mini froth has come out and we are all set for a long term gains going into 2024

2024 could be a huge year for many Industries including technologies...

2024 should be a boom year for Travel & Tourism

2024 Banking & financials should be all set to grow their business.

2023 should end with select Industries benefitting from resurgence of GDP growth in Q3 & Q4

Many Industries are working out demand Issues, Inventory Issues which should be all set for Q4 huge demand

Q2 earnings reports may lackluster BUT should pick up in Q3...

Currently only Gold RSI @ 63.24 looks bullish while all others are looking attractive in 50 RSI range.

Weakest sectors are IWM @ 43.10 & XLF @ 43.46

SOX has pulled back drastically @ 49.24, maybe ready for resurgence.

US stock market requires strategy, conviction and patience

Making money IS a long term game, being short sighted backfires badly

S&P 500 looks healthy @ 60.74 which could be a safe & conservative approach going forward

ETF has been known to be a better strategy with bulk of your Investing / trading allocation.

Try some of your high conviction stocks as your Individual picks...

Try to stay away from quick tips from TV pundits....

Investing IS a long term strategy....

Good luck with your own take on Markets & picks.

BLOG does NOT give buy or sell.

Saleem