S&P 500 Index
Long

Should we be concerned about the death cross ?

147
So, we are at the death cross again? Should we panic? Should we sell ? What if recession is coming? Ohhhhh noo!!!!!

Stop worrying so much and most importantly, stop reading the damn news , especially the headlines that are meant to create more fear than anything! Of course, they want you to sell, how else can the algo traders, big boys scoop up the prices cheap.

It is like displaying thunders and lightning across the sky, gloomy and dark clouds to make you believe it is going to rain, a heavy thunderstorm.

We were in a bear market on 7th Apr where prices drop below 20% from the peak. However, it quickly bounced up within the next two days, especially 9th Apr where there is a 90 days pause on tariffs imposed.

So, technically we are still in a BULL market lah, guys. Focus on the chart not the emotions of the people who are sold daily by social media, influencers with benefits and whoever that wants you to believe their side of the story.

Until we enter into a bear market, we should not speculate too much nor read into the future with too much gloom and doom. I am quite confident the tariff matter will subside and blown away over time just like the real war between Ukraine and Russia (over 3 years and still fighting but who covers the news now, it is STALE and no longer sensational). Any papers or social media that gives that "expert view" on tariffs will be rewarded with likes and traffic volume, much to the content creators delight.

Stay calm, guys! In the short term, market is volatile like a voting machine but in the long term, it is a weighing machine and history has shown us over the past century or so, the market is going up.

Going in and out of the market or TIMING the market - leave that to the experts or professional traders. Your heart and mine cannot take it. Over the long term, you will be rewarded for staying in the market. Just look at Warren Buffett, many a times he bought something, the stock might goes down 10-20% or more, does he panic and starts selling? No, his biggest strength is his patience , one attributes that we all can learn from him.

Go for a run, swim or hit the gym if you are too glued to the news. Stay healthy and ensure you have a balance, diversified portfolio to protect yourself.

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