Let me preface I made a post talking about Silver and Gold and how they were going to dump 16 days ago. My reason was \*China and the USA /big Business doesn’t want to pay 6x the price for metals forever.
My reasoning isn’t complicated but I do have a hypothesis
Hypothesis- Trump passes the big beautiful bill, in that bill most big companies are going to receive a major refund of roughly 33percent of whatever they paid. I believe companies are possibly tanking shares to repurchase their own shares a significant discounts. They may then use those shares to rally their stock prices significantly creating positive momentum.
This could be wildly wrong however it makes since…. We did need a pullback and it is healthy for stocks,especially speculative stocks and leveraged positions getting out of control.
Cheers and remember it is simply a choice you make every day to give attention to stock prices and position. You’d likely preform better under discipled monthly or weekly buys/
I took a position in CRM and CSU which are software stocks. They already have an incredible margin of safety that makes me feel comfortable they’re easily climb back those bought prices.
I’m also DCA into them, I highly recommend you not panic sell. Have a watchlist and wait for the margin of safety.