Dec. 24 at 4:11 AM
$HOOD $PLTR $NFLX $ASTS
$NFLX gapped to all time highs, not only held but followed through. Other high quality names broke to highs too
$HOOD $PLTR.
If you noticed this shift you saw an opportunity to add exposure. Nobody knew in realtime if it was a bear market rally or a new uptrend but we had leaders and it was a clear sign to take some risk.
For 2 weeks stocks you bought showed clear positive feedback moving higher which was a reason to (regardless what you think) add more exposure.
That “hate” for rallies adds a lot of wind at your back if you are positioned though. If you are in then it’s beautiful but if you’re out it’s painful.
Last week even though I felt we were going to pullback, by Friday I saw enough signs to add exposure. Not because i know we are going higher but because I saw enough that told me it was a moment where the risk of getting stopped on the new names was less of a risk than getting caught on the sidelines if things broke out from here.
Just my thoughts
