The market may be turning more optimistic with two days in a row with gains over 100 points. Buffett is buying and Yahoo is not selling indicates they believe the market is undervalued, or at least means there are some deals out there.
Retail led the surge today with both of my largest positions doing very well. AAPL & TASR both showed signs of strength today producing gains of 3.64% & 10.67% respectively. I am happy with the turn, but cautiously optimistic about claiming a turning point. Historically the market is very resilient, bouncing back quickly from downturns. My portfolio is still in the red YTD, but hopefully things will change in the second quarter.
No comments:
Post a Comment